Analysis
Michigan State's engineering-related bachelor's program launches graduates into strong earning territory—$76,563 in the first year puts them in the 95th percentile nationally and well ahead of the typical Michigan graduate in this field ($68,456). The debt load of $23,756 is notably lower than what students carry at other Michigan schools, translating to a 0.31 debt-to-earnings ratio that most families would find comfortable. Graduates can realistically pay down their loans within a few years while enjoying a solid standard of living.
The 60th percentile ranking within Michigan might seem modest at first glance, but context matters: Michigan hosts only four engineering-related programs, including Michigan Tech's nationally prominent offerings. MSU's graduates still earn more than those from Western Michigan and substantially more than Eastern Michigan. The earnings trajectory shows healthy 8% growth to $82,682 by year four, suggesting graduates develop increasingly valuable skills rather than hitting an early ceiling.
For a school with an 84% admission rate, this program delivers exceptional return on investment. Your student gets access to high-earning engineering pathways without the cutthroat admissions or crushing debt that often accompany them. The combination of above-average starting salaries, manageable debt, and steady earnings growth makes this a financially sound choice—particularly for families seeking in-state options.
Where Michigan State University Stands
Earnings vs. debt across all engineering-related fields bachelors's programs nationally
Earnings Distribution
How Michigan State University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Michigan State University | $76,563 | $82,682 | +8% |
| Stanford University | $100,788 | $141,630 | +41% |
| Stevens Institute of Technology | $79,755 | $94,324 | +18% |
| Western Michigan University | $67,992 | $81,608 | +20% |
| Eastern Michigan University | $53,370 | $56,663 | +6% |
Compare to Similar Programs in Michigan
Engineering-Related Fields bachelors's programs at peer institutions in Michigan (4 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $15,988 | $76,563 | $82,682 | $23,756 | 0.31 | |
| $18,392 | $68,919 | — | $27,875 | 0.40 | |
| $15,298 | $67,992 | $81,608 | $27,000 | 0.40 | |
| $15,510 | $53,370 | $56,663 | $31,122 | 0.58 | |
| National Median | — | $68,919 | — | $25,368 | 0.37 |
Career Paths
Occupations commonly associated with engineering-related fields graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Industrial Production Managers
Quality Control Systems Managers
Geothermal Production Managers
Biofuels Production Managers
Biomass Power Plant Managers
Hydroelectric Production Managers
Facilities Managers
Security Managers
Industrial Engineers
Human Factors Engineers and Ergonomists
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 235 graduates with reported earnings and 182 graduates with debt data. Small samples may not be representative.