Median Earnings (1yr)
$74,922
77th percentile (40th in MI)
Median Debt
$27,000
9% above national median
Debt-to-Earnings
0.36
Manageable
Sample Size
344
Adequate data

Analysis

Michigan Tech's mechanical engineering program charges a premium but struggles to deliver premium results within Michigan. While graduates earn $74,922 in their first year—placing the program in the 77th percentile nationally—this figure falls to just the 40th percentile among Michigan's 17 mechanical engineering programs. Students are paying more debt ($27,000 vs. the state median of $26,950) to earn $1,400 less than the typical Michigan mechanical engineering graduate.

The national comparison tells a more favorable story, with earnings exceeding the national median by over $4,000 and debt remaining impressively low at the 5th percentile nationally. The 10% earnings growth over four years is solid, and the 0.36 debt-to-earnings ratio indicates manageable financial burden. However, Michigan families should recognize they're competing primarily within their state's job market, where programs like University of Michigan-Ann Arbor ($82,823) and Michigan State ($80,259) produce notably higher-earning graduates.

For families prioritizing value within Michigan's engineering landscape, this program represents a middle-tier option despite its strong national standing. The low debt load helps offset the earnings gap, but students with stronger academic credentials might find better returns at Michigan's top-tier programs.

Where Michigan Technological University Stands

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

Michigan Technological UniversityOther mechanical engineering 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 Technological University graduates compare to all programs nationally

Michigan Technological University graduates earn $75k, placing them in the 77th percentile of all mechanical engineering 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

Mechanical Engineering bachelors's programs at peer institutions in Michigan (17 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Michigan Technological University$74,922$82,648$27,0000.36
University of Michigan-Ann Arbor$82,823$91,187$21,7500.26
Michigan State University$80,259$87,105$24,0000.30
Kettering University$79,307$91,536$28,0000.35
University of Detroit Mercy$78,552———
Oakland University$78,213$89,376$25,0000.32
National Median$70,744—$24,7550.35

Other Mechanical Engineering Programs in Michigan

Compare tuition, earnings, and debt across Michigan schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Michigan-Ann Arbor
Ann Arbor
$17,228$82,823$21,750
Michigan State University
East Lansing
$15,988$80,259$24,000
Kettering University
Flint
$46,380$79,307$28,000
University of Detroit Mercy
Detroit
$32,300$78,552—
Oakland University
Rochester Hills
$14,694$78,213$25,000

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 344 graduates with reported earnings and 377 graduates with debt data. Small samples may not be representative.