Analysis
Michigan's engineering programs cluster tightly around $68,000 in first-year earnings, and Michigan Tech appears to fit right in that middle band—comparable programs across the state suggest starting salaries in this range. With an estimated debt load of $26,000, graduates would owe roughly 38 cents for every dollar earned in year one, a manageable ratio for an engineering degree where salaries typically grow steadily after the initial placement.
The uncertainty here matters because Michigan Tech is the state's premiere mining and materials engineering school, with unique specializations that could command different outcomes than the general engineering median. The school's relatively high admission rate (88%) combined with a solid SAT average (1243) suggests it's more accessible than elite programs while still maintaining academic standards. If your child is drawn to Michigan Tech's particular engineering strengths—minerals, materials, forestry engineering—the actual outcomes could exceed these state-level estimates.
For a family weighing this investment, the estimated numbers suggest reasonable value: debt that's slightly below the national benchmark paired with earnings near the national median. But before committing, try to connect with recent Michigan Tech engineering graduates in your child's specific discipline. The school's remote Upper Peninsula location and focused technical mission create a distinct culture and career network that generic state comparisons can't capture—and those factors may matter as much as the salary estimate.
Where Michigan Technological University Stands
Earnings vs. debt across all engineering bachelors's programs nationally
Compare to Similar Programs in Michigan
Engineering bachelors's programs at peer institutions in Michigan (11 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $18,392 | $68,852* | — | $25,832* | — | |
| $15,988 | $75,058* | $81,700 | $22,500* | 0.30 | |
| $38,670 | $68,852* | $78,363 | $23,000* | 0.33 | |
| $40,420 | $67,410* | $76,755 | $27,000* | 0.40 | |
| National Median | — | $67,911* | — | $26,056* | 0.38 |
Career Paths
Occupations commonly associated with engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Engineering Teachers, Postsecondary
Engineers, All Other
Energy Engineers, Except Wind and Solar
Mechatronics Engineers
Microsystems Engineers
Photonics Engineers
Robotics Engineers
Nanosystems Engineers
Wind Energy Engineers
Solar Energy Systems 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 3 similar programs in MI. Actual outcomes may vary.