Median Earnings (1yr)
$68,615
36th percentile
40th percentile in Massachusetts
Median Debt
$27,000
9% above national median

Analysis

At $68,615 in first-year earnings, Merrimack's mechanical engineering program lands firmly in the middle of the pack—below both the national median ($70,744) and the Massachusetts median ($77,828). In a state dominated by engineering powerhouses like MIT, Northeastern, and WPI, this program sits at the 40th percentile for Massachusetts mechanical engineering programs, meaning roughly 60% of Bay State alternatives produce stronger early earnings. The $9,000+ gap compared to the state median adds up to real money over a career, particularly in Massachusetts where your child will be competing with graduates from those higher-earning programs.

The bright spot here is debt management: at $27,000, graduates leave with relatively modest loans that sit at just the 5th percentile nationally for mechanical engineering programs. This translates to a debt-to-earnings ratio of 0.39—manageable by any standard and well below typical engineering debt burdens. Monthly loan payments should be easily absorbed by an engineering salary, even one at the lower end of the Massachusetts range.

The bottom line: This program offers a safe path into mechanical engineering without crushing debt, but you're essentially paying for accessibility rather than competitive outcomes. If your child can gain admission to one of Massachusetts' stronger engineering schools, the earnings difference likely justifies the effort. If Merrimack represents the most realistic option, the low debt load at least ensures they won't be financially handcuffed after graduation.

Where Merrimack College Stands

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

Earnings Distribution

How Merrimack College graduates compare to all programs nationally

Compare to Similar Programs in Massachusetts

Mechanical Engineering bachelors's programs at peer institutions in Massachusetts (13 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Merrimack CollegeNorth Andover$51,786$68,615$27,0000.39
Franklin W Olin College of EngineeringNeedham$64,458$87,590$96,456
Massachusetts Institute of TechnologyCambridge$60,156$83,957$98,644$11,3340.13
Northeastern UniversityBoston$63,141$80,255$91,235$25,8930.32
Tufts UniversityMedford$67,844$78,441$83,448$16,5000.21
Worcester Polytechnic InstituteWorcester$59,070$78,182$83,729$27,0000.35
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 Merrimack College, 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 36 graduates with reported earnings and 53 graduates with debt data. Small samples may not be representative.