Median Earnings (1yr)
$67,007
24th percentile
Median Debt
$22,875
1% above national median
Debt-to-Earnings
0.34
Manageable
Sample Size
42
Adequate data

Analysis

Michigan State's engineering program lands squarely in the middle of Michigan's limited engineering landscape—ranking at the 60th percentile among just four in-state options—but trails the national pack considerably at the 24th percentile. That $67,007 starting salary sits nearly $6,000 below the national engineering median, though the $22,875 in debt remains reasonable with a 0.34 debt-to-earnings ratio. For Michigan families prioritizing in-state tuition, this represents a solid default choice, but students with stronger credentials should explore whether they can access the higher-paying programs that dominate nationally.

The tradeoff here is straightforward: MSU's 84% admission rate makes it an accessible option for engineering hopefuls who might struggle to gain entry to more selective programs, but that accessibility comes with a real earnings penalty. Engineering graduates typically command strong salaries regardless of school, so starting $6,000 behind peers from top-quartile programs compounds significantly over a career. The debt load won't crush anyone, but the opportunity cost matters when Michigan's other engineering programs don't appear to offer dramatically better outcomes either.

For anxious parents, the calculation depends on alternatives. If your student can gain admission to a nationally competitive engineering program—particularly at comparable in-state tuition—that's likely the better investment. If MSU represents the most realistic four-year engineering path, the fundamentals remain sound: manageable debt and a decent starting salary that opens doors to a lucrative career field.

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 $67k, placing them in the 24th percentile of all engineering bachelors programs nationally.

Compare to Similar Programs in Michigan

Engineering bachelors's programs at peer institutions in Michigan (4 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Michigan State University$67,007—$22,8750.34
National Median$72,876—$22,6940.31

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 42 graduates with reported earnings and 40 graduates with debt data. Small samples may not be representative.