Median Earnings (1yr)
$80,193
82nd percentile
60th percentile in Michigan
Median Debt
$24,750
6% above national median

Analysis

Michigan Tech's chemical engineering graduates start strong at over $80,000—well above the national median and outperforming most Michigan programs except U-M and MSU. With debt just under $25,000, that 0.31 debt-to-earnings ratio means graduates typically clear their loans quickly. The program ranks in the 82nd percentile nationally, punching above its weight for a school with an 88% admission rate. It's worth noting that while Michigan Tech sits in the 60th percentile among Michigan programs, the state's competitive landscape includes powerhouses like Ann Arbor, so this middle-of-the-pack ranking still translates to solid absolute earnings.

The modest 8% earnings growth to year four ($86,338) suggests these graduates hit their stride early, which is typical for engineering fields where bachelor's-level roles offer strong starting compensation. The debt burden is actually slightly below the national median for chemical engineering programs, making the financial equation straightforward: good starting salary, manageable debt, steady career trajectory.

For families concerned about ROI, this represents a reliable path to a well-paying career without the debt load or admission hurdles of elite programs. Michigan Tech delivers competitive chemical engineering outcomes at a more accessible price point than you'll find at the state's flagship universities.

Where Michigan Technological University Stands

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

Earnings Distribution

How Michigan Technological University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Michigan Technological University$80,193$86,338+8%
University of Michigan-Ann Arbor$79,551$92,027+16%
Wayne State University$71,373$89,339+25%
Michigan State University$79,023$87,528+11%
Western Michigan University$68,632$75,501+10%

Compare to Similar Programs in Michigan

Chemical Engineering bachelors's programs at peer institutions in Michigan (6 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Michigan Technological UniversityHoughton$18,392$80,193$86,338$24,7500.31
University of Michigan-Ann ArborAnn Arbor$17,228$79,551$92,027$21,2500.27
Michigan State UniversityEast Lansing$15,988$79,023$87,528$26,5730.34
Kettering UniversityFlint$46,380$71,411$29,0000.41
Wayne State UniversityDetroit$14,297$71,373$89,339$29,9000.42
Western Michigan UniversityKalamazoo$15,298$68,632$75,501$29,0000.42
National Median$72,974$23,2500.32

Career Paths

Occupations commonly associated with chemical 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

Chemical Engineers

Design chemical plant equipment and devise processes for manufacturing chemicals and products, such as gasoline, synthetic rubber, plastics, detergents, cement, paper, and pulp, by applying principles and technology of chemistry, physics, and engineering.

$121,860/yrJobs growth:Bachelor's degree

Bioengineers and Biomedical Engineers

Apply knowledge of engineering, biology, chemistry, computer science, and biomechanical principles to the design, development, and evaluation of biological, agricultural, and health systems and products, such as artificial organs, prostheses, instrumentation, medical information systems, and health management and care delivery systems.

$106,950/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:

Engineers, All Other

All engineers not listed separately.

Energy Engineers, Except Wind and Solar

Design, develop, or evaluate energy-related projects or programs to reduce energy costs or improve energy efficiency during the designing, building, or remodeling stages of construction. May specialize in electrical systems; heating, ventilation, and air-conditioning (HVAC) systems; green buildings; lighting; air quality; or energy procurement.

Mechatronics Engineers

Research, design, develop, or test automation, intelligent systems, smart devices, or industrial systems control.

Microsystems Engineers

Research, design, develop, or test microelectromechanical systems (MEMS) devices.

Photonics Engineers

Design technologies specializing in light information or light energy, such as laser or fiber optics technology.

Robotics Engineers

Research, design, develop, or test robotic applications.

Nanosystems Engineers

Design, develop, or supervise the production of materials, devices, or systems of unique molecular or macromolecular composition, applying principles of nanoscale physics and electrical, chemical, or biological engineering.

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 Technological University, approximately 18% 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 111 graduates with reported earnings and 125 graduates with debt data. Small samples may not be representative.