Analysis
A debt-to-earnings ratio of 0.38 suggests a manageable financial path—peer engineering programs nationally indicate first-year earnings around $68,000 against roughly $26,000 in debt. That's less than four months of pre-tax income, which puts graduates in position to pay down loans relatively quickly while building technical careers. Engineering remains one of the more reliable bets in higher education, and these estimated figures align with that pattern.
The wrinkle: comparable programs in Missouri typically show slightly higher earnings (around $70,000) and lower debt (about $23,000). Missouri State's 91% admission rate and moderate test scores suggest it serves a broader student population than some peers, which could mean different career trajectories or geographic outcomes. University of Missouri-Columbia graduates, for instance, earn that higher state median. Whether location, networking, or curriculum differences drive that gap isn't clear from the data, but it's worth investigating what kinds of engineering employers recruit on this campus versus others in the state.
The fundamental calculus still works. Engineering bachelor's degrees typically lead to jobs that justify the investment, and based on national patterns, Missouri State's program appears positioned in that range. But given the uncertainty in these estimates and the modest gap with top Missouri programs, ask the school directly about job placement rates, which engineering disciplines they emphasize, and where recent graduates actually land.
Where Missouri State University-Springfield Stands
Earnings vs. debt across all engineering bachelors's programs nationally
Compare to Similar Programs in Missouri
Engineering bachelors's programs at peer institutions in Missouri (5 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $9,024 | $67,911* | — | $25,832* | — | |
| $14,130 | $70,366* | — | $23,250* | 0.33 | |
| 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 Missouri State University-Springfield, approximately 21% 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 national median of 47 similar programs. Actual outcomes may vary.