Est. Earnings (1yr)
$67,911
Est. from national median (47 programs)
Est. Median Debt
$26,459
Est. from national median (24 programs)

Analysis

With a debt-to-earnings ratio of 0.39, this engineering degree appears financially manageable—based on national benchmarks, similar bachelor's programs produce first-year earnings around $68,000 against roughly $26,500 in debt. That's less than half a year's salary, suggesting graduates could realistically tackle their loans while building their careers. The challenge? Both figures are estimates drawn from peer programs nationally, since New England College's engineering cohort is too small for the Department of Education to publish actual outcomes.

The 96% admission rate and 42% Pell grant enrollment tell you this isn't a highly selective engineering school, which matters for career outcomes beyond just the numbers. Engineering employers often care about program reputation, accreditation, and internship networks—factors these estimates can't capture. With only three schools offering engineering in New Hampshire, your options are limited geographically, but that also means you should scrutinize what distinguishes each program beyond the typical earnings trajectory.

The estimated financial picture suggests this could work if your child secures typical engineering employment. But given the data limitations, dig into placement rates, which companies recruit here, and whether the program holds ABET accreditation—the baseline credential most engineering employers expect. The debt burden looks reasonable; the question is whether this particular program delivers the career access those numbers assume.

Where New England College Stands

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

Compare to Similar Programs Nationally

Engineering bachelors's programs at top institutions nationally

Scroll to see more →

SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
New England CollegeHenniker$41,578$67,911*—$26,459*—
Franklin W Olin College of EngineeringNeedham$64,458$109,455*$114,228$14,512*0.13
Harvey Mudd CollegeClaremont$66,255$92,491*$103,969$22,240*0.24
Brown UniversityProvidence$68,230$86,416*$87,937$14,500*0.17
University of California-DavisDavis$15,247$82,956*$104,701$15,000*0.18
Wentworth Institute of TechnologyBoston$41,010$78,211*—$27,000*0.35
National Median—$67,911*—$26,056*0.38
* Estimated from similar programs

Career Paths

Occupations commonly associated with 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

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:

Engineers, All Other

All engineers not listed separately.

Energy Engineers, Except Wind and Solar

Design, develop, or evaluate energy-related projects or programs to reduce energy costs or improve energy efficiency during the designing, building, or remodeling stages of construction. May specialize in electrical systems; heating, ventilation, and air-conditioning (HVAC) systems; green buildings; lighting; air quality; or energy procurement.

Mechatronics Engineers

Research, design, develop, or test automation, intelligent systems, smart devices, or industrial systems control.

Microsystems Engineers

Research, design, develop, or test microelectromechanical systems (MEMS) devices.

Photonics Engineers

Design technologies specializing in light information or light energy, such as laser or fiber optics technology.

Robotics Engineers

Research, design, develop, or test robotic applications.

Nanosystems Engineers

Design, develop, or supervise the production of materials, devices, or systems of unique molecular or macromolecular composition, applying principles of nanoscale physics and electrical, chemical, or biological engineering.

Wind Energy Engineers

Design underground or overhead wind farm collector systems and prepare and develop site specifications.

Solar Energy Systems Engineers

Perform site-specific engineering analysis or evaluation of energy efficiency and solar projects involving residential, commercial, or industrial customers. Design solar domestic hot water and space heating systems for new and existing structures, applying knowledge of structural energy requirements, local climates, solar technology, and thermodynamics.

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 New England College, approximately 42% 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.