Median Earnings (1yr)
$76,523
86th percentile
60th percentile in Pennsylvania
Median Debt
$22,777
8% below national median

Analysis

Carnegie Mellon's mechanical engineering grads start strong at $76,523—comfortably above the national median—but the real story emerges over time. Within four years, median earnings jump to $97,151, representing 27% growth that significantly outpaces typical engineering trajectories. While CMU lands in the 60th percentile among Pennsylvania's 23 mechanical engineering programs (trailing schools like Villanova and Bucknell), it outperforms 86% of programs nationally, suggesting the state comparison reflects Pennsylvania's particularly strong engineering education landscape rather than any CMU weakness.

The financial picture looks manageable: $22,777 in median debt translates to a 0.30 debt-to-earnings ratio, meaning graduates can theoretically pay off loans in under four months of gross income. This debt load sits below both the national median ($24,755) and Pennsylvania average ($26,922) for the program. For a school with an 11% acceptance rate and top-tier engineering reputation, that modest debt burden represents genuine value.

The 60th percentile state ranking shouldn't deter parents—it largely reflects that several excellent Pennsylvania engineering schools also produce high earners. CMU's national standing (86th percentile) and strong earnings trajectory matter more for career mobility. At this debt level, you're paying for a prestigious degree without the financial burden that typically accompanies elite education.

Where Carnegie Mellon University Stands

Earnings vs. debt across all mechanical engineering bachelors's programs nationally

Earnings Distribution

How Carnegie Mellon University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Carnegie Mellon University$76,523$97,151+27%
Villanova University$80,962$91,256+13%
Lehigh University$75,479$88,912+18%
Bucknell University$79,391$87,329+10%
Drexel University$74,267$85,140+15%

Compare to Similar Programs in Pennsylvania

Mechanical Engineering bachelors's programs at peer institutions in Pennsylvania (23 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Carnegie Mellon UniversityPittsburgh$63,829$76,523$97,151$22,7770.30
Villanova UniversityVillanova$64,701$80,962$91,256$25,9950.32
Bucknell UniversityLewisburg$64,772$79,391$87,329$19,5000.25
Lehigh UniversityBethlehem$62,180$75,479$88,912$24,9500.33
York College of PennsylvaniaYork$24,606$74,445$27,0000.36
Drexel UniversityPhiladelphia$60,663$74,267$85,140$31,0000.42
National Median$70,744$24,7550.35

Career Paths

Occupations commonly associated with mechanical engineering graduates

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Aerospace Engineers

Perform engineering duties in designing, constructing, and testing aircraft, missiles, and spacecraft. May conduct basic and applied research to evaluate adaptability of materials and equipment to aircraft design and manufacture. May recommend improvements in testing equipment and techniques.

$134,830/yrJobs growth:Bachelor's degree

Mechanical Engineers

Perform engineering duties in planning and designing tools, engines, machines, and other mechanically functioning equipment. Oversee installation, operation, maintenance, and repair of equipment such as centralized heat, gas, water, and steam systems.

$102,320/yrJobs growth:Bachelor's degree

Fuel Cell Engineers

Design, evaluate, modify, or construct fuel cell components or systems for transportation, stationary, or portable applications.

$102,320/yrJobs growth:Bachelor's degree

Automotive Engineers

Develop new or improved designs for vehicle structural members, engines, transmissions, or other vehicle systems, using computer-assisted design technology. Direct building, modification, or testing of vehicle or components.

$102,320/yrJobs growth:Bachelor's degree

Engineering Teachers, Postsecondary

Teach courses pertaining to the application of physical laws and principles of engineering for the development of machines, materials, instruments, processes, and services. Includes teachers of subjects such as chemical, civil, electrical, industrial, mechanical, mineral, and petroleum engineering. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Cost Estimators

Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.

$77,070/yrJobs growth:Bachelor's degree
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 Carnegie Mellon University, approximately 15% 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 59 graduates with reported earnings and 87 graduates with debt data. Small samples may not be representative.