Median Earnings (1yr)
$76,563
95th percentile
Median Debt
$23,756
6% below national median
Debt-to-Earnings
0.31
Manageable
Sample Size
235
Adequate data

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

Michigan State UniversityOther engineering-related fields 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 $77k, placing them in the 95th percentile of all engineering-related fields 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-Related Fields bachelors's programs at peer institutions in Michigan (4 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Michigan State University$76,563$82,682$23,7560.31
Michigan Technological University$68,919—$27,8750.40
Western Michigan University$67,992$81,608$27,0000.40
Eastern Michigan University$53,370$56,663$31,1220.58
National Median$68,919—$25,3680.37

Other Engineering-Related Fields Programs in Michigan

Compare tuition, earnings, and debt across Michigan schools

SchoolIn-State TuitionEarnings (1yr)Debt
Michigan Technological University
Houghton
$18,392$68,919$27,875
Western Michigan University
Kalamazoo
$15,298$67,992$27,000
Eastern Michigan University
Ypsilanti
$15,510$53,370$31,122

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.