Median Earnings (1yr)
$75,058
82nd percentile (60th in MI)
Median Debt
$22,500
14% below national median
Debt-to-Earnings
0.30
Manageable
Sample Size
130
Adequate data

Analysis

Michigan State's engineering graduates command salaries above the national median while taking on below-average debt—a combination that places this program in the top fifth nationally for earnings. At $75,058 one year out, graduates earn more than those from most U.S. engineering programs, and the debt load of $22,500 sits comfortably under national averages. The 0.30 debt-to-earnings ratio means graduates typically earn more than three times their debt in their first year, allowing for aggressive repayment if desired.

The state picture reveals something important: while Michigan State ranks at the 60th percentile among Michigan engineering programs, it's punching above its weight nationally. In a state known for strong engineering programs tied to the automotive and manufacturing sectors, landing in the middle of the pack locally while excelling nationally suggests solid industry connections and practical training. The 84% admission rate means access is reasonably straightforward compared to elite engineering schools that deliver similar outcomes.

For a family considering engineering programs, Michigan State offers the financial profile most parents hope for—strong starting salaries, manageable debt, and steady income growth to $81,700 by year four. The robust sample size confirms these numbers reflect typical outcomes, not outliers. This is particularly valuable for in-state families paying reduced tuition, as you're getting nationally competitive results at what's likely a state-school price point.

Where Michigan State University Stands

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

Michigan State UniversityOther 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 Michigan State University graduates compare to all programs nationally

Michigan State University graduates earn $75k, placing them in the 82th percentile of all 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 Michigan

Engineering bachelors's programs at peer institutions in Michigan (11 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Michigan State University$75,058$81,700$22,5000.30
Calvin University$68,852$78,363$23,0000.33
Hope College$67,410$76,755$27,0000.40
National Median$67,911—$26,0560.38

Other Engineering Programs in Michigan

Compare tuition, earnings, and debt across Michigan schools

SchoolIn-State TuitionEarnings (1yr)Debt
Calvin University
Grand Rapids
$38,670$68,852$23,000
Hope College
Holland
$40,420$67,410$27,000

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 Michigan State University, approximately 20% 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 130 graduates with reported earnings and 101 graduates with debt data. Small samples may not be representative.