Analysis
In North Carolina, engineering graduates' first-year salaries vary from $62,000 to $73,000 depending on the school, with Elon's estimated outcome of $68,800 landing squarely in the middle of this range. That's roughly on par with the national median for engineering bachelor's degrees. The estimated debt load of $26,500 creates a manageable 0.38 debt-to-earnings ratio—meaning graduates would owe less than four months' salary, which is reasonable by engineering standards.
The challenge is that these figures come from broader patterns rather than Elon's actual graduate outcomes. Engineering programs at selective private schools sometimes command salary premiums through strong employer networks and recruiting pipelines, but without reported data from this specific program, we can't confirm whether Elon's graduates actually outperform—or lag behind—the state average. The school's 9% Pell grant rate suggests a relatively affluent student body, which often correlates with better networking advantages but doesn't guarantee stronger career placement.
For families weighing this program, the estimated numbers suggest solid but not exceptional value. If Elon's smaller engineering cohort truly matches the state average, you're looking at a safe investment. But you'd want confirmation through direct contact with the school about actual placement rates and starting salaries before committing to a private-school price tag when NC State's graduates are earning $72,000 with potentially lower debt.
Where Elon University Stands
Earnings vs. debt across all engineering bachelors's programs nationally
Compare to Similar Programs in North Carolina
Engineering bachelors's programs at peer institutions in North Carolina (8 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $44,536 | $68,764* | — | $26,459* | — | |
| $7,461 | $73,410* | $86,814 | $31,000* | 0.42 | |
| $8,895 | $71,769* | — | $30,518* | 0.43 | |
| $7,361 | $65,758* | $77,366 | $26,978* | 0.41 | |
| $4,532 | $62,244* | — | $25,550* | 0.41 | |
| National Median | — | $67,911* | — | $26,056* | 0.38 |
Career Paths
Occupations commonly associated with engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Engineering Teachers, Postsecondary
Engineers, All Other
Energy Engineers, Except Wind and Solar
Mechatronics Engineers
Microsystems Engineers
Photonics Engineers
Robotics Engineers
Nanosystems Engineers
Wind Energy Engineers
Solar Energy Systems Engineers
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 Elon University, approximately 9% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 4 similar programs in NC. Actual outcomes may vary.