Est. Earnings (1yr)
$67,121
Est. from TN median (8 programs)
Est. Median Debt
$27,000
Est. from TN median (3 programs)

Analysis

Milligan's estimated $27,000 debt load for mechanical engineering graduates sits above both the Tennessee and national medians for this degree, while projected first-year earnings of $67,121 track with the state average but lag the national figure by about $3,600. That debt-to-earnings ratio of 0.40 isn't alarming—it suggests graduates would devote roughly five months of their first year's salary to loan repayment—but the comparison to Tennessee's top programs reveals a potential gap. Vanderbilt grads earn $11,000 more annually, and even regional competitors like Christian Brothers and Memphis post higher starting salaries.

The challenge here is uncertainty. These figures come from other Tennessee engineering programs, not Milligan's actual graduates, because the school's cohorts are too small for the DOE to publish. That means you're making a judgment call based on how similar programs perform rather than on this school's track record. For a family comfortable with moderate debt and drawn to Milligan's smaller campus environment, the estimated outcomes suggest a workable financial picture. But if maximizing earning potential is the priority, the data hints that larger Tennessee programs might offer better returns—though again, without Milligan's actual numbers, that's an educated guess, not a certainty.

Where Milligan University Stands

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

Compare to Similar Programs in Tennessee

Mechanical Engineering bachelors's programs at peer institutions in Tennessee (11 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Milligan UniversityMilligan$39,350$67,121*—$27,000*—
Vanderbilt UniversityNashville$63,946$78,009*$84,813$14,000*0.18
Christian Brothers UniversityMemphis$37,300$71,112*—$27,000*0.38
University of MemphisMemphis$10,344$69,386*$80,981$27,500*0.40
Lipscomb UniversityNashville$38,824$67,725*—$27,000*0.40
The University of Tennessee-ChattanoogaChattanooga$10,144$66,517*$81,689$24,904*0.37
National Median—$70,744*—$24,755*0.35
* Estimated from similar programs

Career Paths

Occupations commonly associated with mechanical 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

Aerospace Engineers

Perform engineering duties in designing, constructing, and testing aircraft, missiles, and spacecraft. May conduct basic and applied research to evaluate adaptability of materials and equipment to aircraft design and manufacture. May recommend improvements in testing equipment and techniques.

$134,830/yrJobs growth:Bachelor's degree

Mechanical Engineers

Perform engineering duties in planning and designing tools, engines, machines, and other mechanically functioning equipment. Oversee installation, operation, maintenance, and repair of equipment such as centralized heat, gas, water, and steam systems.

$102,320/yrJobs growth:Bachelor's degree

Fuel Cell Engineers

Design, evaluate, modify, or construct fuel cell components or systems for transportation, stationary, or portable applications.

$102,320/yrJobs growth:Bachelor's degree

Automotive Engineers

Develop new or improved designs for vehicle structural members, engines, transmissions, or other vehicle systems, using computer-assisted design technology. Direct building, modification, or testing of vehicle or components.

$102,320/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:

Cost Estimators

Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.

$77,070/yrJobs growth:Bachelor's degree
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 Milligan University, approximately 23% 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 8 similar programs in TN. Actual outcomes may vary.