Analysis
Binghamton's mechanical engineering program delivers solid outcomes at a price that's hard to beat—graduates carry just $19,500 in debt while earning $66,371 in their first year, a debt-to-earnings ratio that puts most private competitors to shame. The catch? Those initial earnings lag behind what you'd expect from a selective SUNY school. At the 40th percentile statewide, Binghamton grads are earning less than the typical New York mechanical engineer, and significantly less than peers at Cornell ($85,440), RIT ($76,263), or even SUNY Maritime ($77,895).
The 19% earnings growth to $78,799 by year four shows graduates aren't stuck at entry-level positions, but they're starting from behind. This program ranks in just the 23rd percentile nationally—meaning three-quarters of mechanical engineering programs produce higher first-year earnings. For a university with a 1415 average SAT and 38% admission rate, these returns feel modest.
Still, the financial risk here is minimal. With debt roughly $5,000 below both state and national medians, your child won't spend years digging out from student loans. If they're looking for an affordable path to a stable engineering career and aren't chasing top-tier tech or aerospace firms right out of college, this works. But if maximizing early earnings matters—especially given Binghamton's competitive admissions—programs like RIT or SUNY Maritime might justify a closer look, even at slightly higher cost.
Where Binghamton University Stands
Earnings vs. debt across all mechanical engineering bachelors's programs nationally
Earnings Distribution
How Binghamton University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Binghamton University | $66,371 | $78,799 | +19% |
| SUNY Maritime College | $77,895 | $99,578 | +28% |
| Cornell University | $85,440 | $97,093 | +14% |
| New York Institute of Technology | $56,254 | $92,781 | +65% |
| Syracuse University | $66,789 | $90,527 | +36% |
Compare to Similar Programs in New York
Mechanical Engineering bachelors's programs at peer institutions in New York (24 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $10,363 | $66,371 | $78,799 | $19,500 | 0.29 | |
| $66,014 | $85,440 | $97,093 | $15,500 | 0.18 | |
| $8,540 | $77,895 | $99,578 | $26,000 | 0.33 | |
| $57,016 | $76,263 | $83,505 | $27,000 | 0.35 | |
| $28,850 | $74,472 | — | $27,000 | 0.36 | |
| $61,884 | $73,833 | $84,101 | $25,000 | 0.34 | |
| National Median | — | $70,744 | — | $24,755 | 0.35 |
Career Paths
Occupations commonly associated with mechanical engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Aerospace Engineers
Mechanical Engineers
Fuel Cell Engineers
Automotive Engineers
Engineering Teachers, Postsecondary
Cost Estimators
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Binghamton University, approximately 27% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Sample Size: Based on 78 graduates with reported earnings and 105 graduates with debt data. Small samples may not be representative.