Analysis
A $23,000 debt load for an engineering degree is well below what many students carry—the national median sits at nearly identical levels. When similar programs across the country produce first-year earnings around $73,000, that translates to a debt-to-earnings ratio of 0.31, meaning graduates could theoretically pay off their loans in about four months of gross income. That's a manageable financial foundation for a field where earning potential typically climbs substantially after those first years.
The challenge here is that both the earnings and debt figures are drawn from peer engineering programs nationally, not Morehead State's actual graduate outcomes. With only two engineering programs in Kentucky and neither reporting public data, there's limited visibility into how this specific program performs in the regional job market. Engineering fields can vary significantly based on specialization, industry connections, and geographic employer demand—factors that national medians can't capture.
For a family weighing this decision, the estimated numbers suggest reasonable value on paper, but you'll want to dig deeper. Talk to current students and recent graduates about job placement rates, where they're landing positions, and whether they're staying in Kentucky or relocating for opportunities. The estimated debt is encouraging, but actual outcomes for Morehead State engineering grads remain unknown until the program grows large enough for the DOE to report them publicly.
Where Morehead State University Stands
Earnings vs. debt across all engineering bachelors's programs nationally
Compare to Similar Programs Nationally
Engineering bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $9,838 | $72,877* | — | $22,875* | — | |
| $11,505 | $80,931* | $85,817 | $18,750* | 0.23 | |
| $12,859 | $78,734* | $92,338 | $22,000* | 0.28 | |
| $8,578 | $78,264* | — | $13,000* | 0.17 | |
| $10,816 | $77,421* | $92,472 | $26,500* | 0.34 | |
| $9,401 | $76,059* | $79,387 | $31,000* | 0.41 | |
| National Median | — | $72,876* | — | $22,694* | 0.31 |
Career Paths
Occupations commonly associated with engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Health and Safety Engineers, Except Mining Safety Engineers and Inspectors
Fire-Prevention and Protection Engineers
Engineering Teachers, Postsecondary
Engineers, All Other
Energy Engineers, Except Wind and Solar
Mechatronics Engineers
Microsystems Engineers
Photonics Engineers
Robotics Engineers
Nanosystems 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 Morehead State University, approximately 29% 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 16 similar programs. Actual outcomes may vary.