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
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $41,578 | $67,911* | — | $26,459* | — | |
| $64,458 | $109,455* | $114,228 | $14,512* | 0.13 | |
| $66,255 | $92,491* | $103,969 | $22,240* | 0.24 | |
| $68,230 | $86,416* | $87,937 | $14,500* | 0.17 | |
| $15,247 | $82,956* | $104,701 | $15,000* | 0.18 | |
| $41,010 | $78,211* | — | $27,000* | 0.35 | |
| 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 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.