Median Earnings (1yr)
$72,900
64th percentile
Median Debt
$23,500
5% below national median
Debt-to-Earnings
0.32
Manageable
Sample Size
446
Adequate data

Analysis

Iowa State's mechanical engineering program delivers solid financial returns that place it squarely in the middle of both national and state rankings. Starting salaries of $72,900 match Iowa's state median exactly and sit at the 64th percentile nationally—respectable but not exceptional for a program at a school with an 89% acceptance rate. The $23,500 median debt load is actually slightly better than the national average of $24,755, creating a manageable debt-to-earnings ratio of 0.32.

What's particularly reassuring is the steady earnings progression, with graduates seeing 12% growth to $81,779 by year four. This suggests the program provides skills that translate into career advancement. Among Iowa's five mechanical engineering programs, Iowa State performs competitively, essentially tied with Saint Ambrose and ahead of the University of Iowa.

The combination of accessible admissions, reasonable debt levels, and reliable post-graduation outcomes makes this a sensible choice for students seeking a straightforward path into mechanical engineering. While it won't catapult graduates to the top tier of earners, it offers predictable returns with limited financial risk—exactly what many families should want from an engineering degree.

Where Iowa State University Stands

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

Iowa State UniversityOther mechanical engineering programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Iowa State University graduates compare to all programs nationally

Iowa State University graduates earn $73k, placing them in the 64th percentile of all mechanical engineering bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Iowa

Mechanical Engineering bachelors's programs at peer institutions in Iowa (5 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Iowa State University$72,900$81,779$23,5000.32
Saint Ambrose University$73,622—$26,9960.37
University of Iowa$71,732$76,903$23,1090.32
National Median$70,744—$24,7550.35

Other Mechanical Engineering Programs in Iowa

Compare tuition, earnings, and debt across Iowa schools

SchoolIn-State TuitionEarnings (1yr)Debt
Saint Ambrose University
Davenport
$35,598$73,622$26,996
University of Iowa
Iowa City
$10,964$71,732$23,109

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 Iowa State University, approximately 18% 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 446 graduates with reported earnings and 460 graduates with debt data. Small samples may not be representative.