Analysis
For a field as standardized as engineering, even modest debt can make sense when earnings are solid. Based on comparable bachelor's programs nationwide, this engineering degree carries an estimated $26,459 in debt against first-year earnings around $67,911—a debt-to-earnings ratio of 0.39 that suggests the loan burden would be manageable. That's roughly one year's salary to pay off over a standard 10-year period, leaving meaningful room in a graduate's budget.
The estimated earnings align with Illinois's median for engineering programs ($66,253) and match the national benchmark exactly. Similar programs at peer institutions in Illinois—Olivet Nazarene and Western Illinois—report outcomes in the same range, which adds some confidence to these projections. The real question is whether Greenville's program, with its small cohort size and the school's 95% admission rate, delivers the same rigorous preparation and employer recognition that larger engineering programs provide.
Engineering credentials generally hold their value regardless of where they're earned, but parents should verify that this program is ABET-accredited—the industry standard that many employers require. The numbers suggest a reasonable investment if the program offers legitimate engineering training, but with both earnings and debt estimated from peer schools rather than actual graduate outcomes, you'll want to confirm the program's track record through direct conversations with faculty and recent alumni before committing.
Where Greenville University Stands
Earnings vs. debt across all engineering bachelors's programs nationally
Compare to Similar Programs in Illinois
Engineering bachelors's programs at peer institutions in Illinois (10 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $30,598 | $67,911* | — | $26,459* | — | |
| $37,940 | $66,394* | $79,322 | $27,000* | 0.41 | |
| $14,952 | $66,112* | — | —* | — | |
| 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 Greenville University, approximately 38% 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 national median of 47 similar programs. Actual outcomes may vary.