Median Earnings (1yr)
$61,443
45th percentile (60th in MI)
Median Debt
$29,875
11% above national median
Debt-to-Earnings
0.49
Manageable
Sample Size
35
Adequate data

Analysis

Michigan Tech's Mechanical Engineering Technology program delivers solid mid-career earnings growth but starts below where you'd expect from an engineering-focused school. While first-year earnings of $61,443 trail behind Ferris State ($66,747) and Central Michigan ($64,284), the program shows strong momentum—graduates see a 24% earnings jump by year four, reaching $76,003. Among Michigan's seven programs, this lands at the 60th percentile, meaning it's slightly above the state median but not a top performer.

The financial picture is actually more favorable than the earnings suggest. At just under $30,000 in debt, graduates face a debt-to-earnings ratio of 0.49—meaning they owe roughly half their first-year salary. That's manageable, and notably lower debt than most comparable programs nationally (11th percentile). For an 88% admission rate school, this combination of accessible entry, reasonable debt, and improving earnings creates a practical pathway into technical careers.

The tradeoff here is clear: you're not getting the immediate earning power of top Michigan programs, but you're also not gambling on steep debt. If your student is looking for an engineering-adjacent field with strong upward trajectory rather than peak starting salaries, this program works. Just recognize they'll likely need those first few years of career progression to catch up to peers who started higher.

Where Michigan Technological University Stands

Earnings vs. debt across all mechanical engineering related technologies/technicians bachelors's programs nationally

Michigan Technological UniversityOther mechanical engineering related technologies/technicians 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 $61k, placing them in the 45th percentile of all mechanical engineering related technologies/technicians 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 Related Technologies/Technicians bachelors's programs at peer institutions in Michigan (7 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Michigan Technological University$61,443$76,003$29,8750.49
Ferris State University$66,747$77,264$27,0000.40
Central Michigan University$64,284$75,648$30,0000.47
Northern Michigan University$54,815$68,476——
Eastern Michigan University$49,799$80,179$28,9090.58
National Median$62,503—$27,0000.43

Other Mechanical Engineering Related Technologies/Technicians Programs in Michigan

Compare tuition, earnings, and debt across Michigan schools

SchoolIn-State TuitionEarnings (1yr)Debt
Ferris State University
Big Rapids
$13,630$66,747$27,000
Central Michigan University
Mount Pleasant
$14,190$64,284$30,000
Northern Michigan University
Marquette
$13,304$54,815—
Eastern Michigan University
Ypsilanti
$15,510$49,799$28,909

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 35 graduates with reported earnings and 36 graduates with debt data. Small samples may not be representative.