Analysis
Milwaukee School of Engineering's Industrial Engineering program produces graduates earning $71,112 in their first year—below both the national median ($74,709) and Wisconsin's median ($74,032) for this major. Among Wisconsin's four industrial engineering programs, this ranks 40th percentile, trailing both UW-Madison ($80,435) and UW-Platteville ($76,952). That's a notable gap considering MSOE's engineering-focused identity and comparable admission selectivity to these larger state universities.
The debt load of $27,000 is slightly above state and national averages, though not dramatically so. What's more concerning is the combination: below-average starting earnings with above-average debt creates a debt-to-earnings ratio of 0.38. Graduates reach roughly $76,000 by year four—solid engineering money, but still lagging behind what peers from other Wisconsin programs earned in year one. The 7% earnings growth is modest for an engineering field where early-career jumps are typically more pronounced.
For Wisconsin families, this program offers reasonable engineering outcomes but not competitive ones within the state. If you're choosing between MSOE and a UW system school for industrial engineering specifically, the public options deliver stronger financial returns right out of the gate. MSOE may offer other advantages—smaller classes, industry connections, specialized facilities—but purely from an earnings standpoint, Wisconsin's public engineering programs provide better value for this particular major.
Where Milwaukee School of Engineering Stands
Earnings vs. debt across all industrial engineering bachelors's programs nationally
Earnings Distribution
How Milwaukee School of Engineering 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 |
|---|---|---|---|
| Milwaukee School of Engineering | $71,112 | $75,712 | +6% |
| University of Southern California | $87,807 | $114,688 | +31% |
| University of Wisconsin-Madison | $80,435 | $95,113 | +18% |
| University of Wisconsin-Platteville | $76,952 | $75,456 | -2% |
| University of Wisconsin-Milwaukee | $68,673 | $72,308 | +5% |
Compare to Similar Programs in Wisconsin
Industrial Engineering bachelors's programs at peer institutions in Wisconsin (4 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $48,421 | $71,112 | $75,712 | $27,000 | 0.38 | |
| $11,205 | $80,435 | $95,113 | $23,577 | 0.29 | |
| $8,315 | $76,952 | $75,456 | $27,694 | 0.36 | |
| $10,020 | $68,673 | $72,308 | $22,536 | 0.33 | |
| National Median | — | $74,709 | — | $24,889 | 0.33 |
Career Paths
Occupations commonly associated with industrial engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Industrial Production Managers
Quality Control Systems Managers
Geothermal Production Managers
Biofuels Production Managers
Biomass Power Plant Managers
Hydroelectric Production Managers
Industrial Engineers
Human Factors Engineers and Ergonomists
Validation Engineers
Manufacturing 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 Milwaukee School of Engineering, 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.
Sample Size: Based on 37 graduates with reported earnings and 39 graduates with debt data. Small samples may not be representative.