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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| 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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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $18,392 | $80,193 | $86,338 | $24,750 | 0.31 | |
| $17,228 | $79,551 | $92,027 | $21,250 | 0.27 | |
| $15,988 | $79,023 | $87,528 | $26,573 | 0.34 | |
| $46,380 | $71,411 | — | $29,000 | 0.41 | |
| $14,297 | $71,373 | $89,339 | $29,900 | 0.42 | |
| $15,298 | $68,632 | $75,501 | $29,000 | 0.42 | |
| National Median | — | $72,974 | — | $23,250 | 0.32 |
Career Paths
Occupations commonly associated with chemical engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Chemical Engineers
Bioengineers and Biomedical Engineers
Engineering Teachers, Postsecondary
Engineers, All Other
Energy Engineers, Except Wind and Solar
Mechatronics Engineers
Microsystems Engineers
Photonics Engineers
Robotics Engineers
Nanosystems Engineers
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.