Analysis
Northwestern's Computer Engineering program shows strong mid-career outcomes but faces uncertainty around launch earnings. While graduates earn $119,297 four years out—outpacing the national median by more than $40,000—the estimated first-year figure of $71,841 sits well below what peer Illinois programs report. For context, University of Illinois Urbana-Champaign's computer engineering graduates start at $103,123, and even Illinois Tech clears $81,000. Whether Northwestern's actual outcomes match these state estimates or more closely resemble its elite peer performance remains unclear due to the small graduate sample.
The financial framework appears solid on paper: an estimated $26,146 in debt against first-year earnings produces a 0.36 ratio, suggesting manageable repayment even if the launch salary estimate proves accurate. The dramatic jump to $119,297 by year four indicates strong career trajectory for those who complete the program. However, that 7% admission rate and 1526 average SAT signal this program targets students with exceptional credentials and likely strong family resources—the 19% Pell Grant rate is relatively low for a private institution.
The disconnect between estimated launch earnings and reported mid-career figures deserves scrutiny. If actual starting salaries align with UIUC's outcomes, this program represents excellent value. If the state median estimate holds, you're banking on that four-year salary growth materializing. Given Northwestern's selectivity and eventual outcomes, the program likely performs closer to top state programs than the estimates suggest—but confirm actual placement data before committing to this premium-priced degree.
Where Northwestern University Stands
Earnings vs. debt across all computer engineering bachelors's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Northwestern University | — | $119,297 | — |
| University of Washington-Seattle Campus | $141,588 | $168,957 | +19% |
| University of Illinois Urbana-Champaign | $103,123 | $122,137 | +18% |
| Illinois Institute of Technology | $81,252 | $87,437 | +8% |
| University of Illinois Chicago | $71,148 | $75,299 | +6% |
Compare to Similar Programs in Illinois
Computer Engineering bachelors's programs at peer institutions in Illinois (11 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $65,997 | $71,841* | $119,297 | $26,146* | — | |
| $16,004 | $103,123* | $122,137 | $20,500* | 0.20 | |
| $51,763 | $81,252* | $87,437 | $26,500* | 0.33 | |
| $12,922 | $71,841* | — | $23,125* | 0.32 | |
| $14,338 | $71,148* | $75,299 | $22,000* | 0.31 | |
| $51,716 | $68,020* | — | $25,000* | 0.37 | |
| National Median | — | $78,952* | — | $24,500* | 0.31 |
Career Paths
Occupations commonly associated with computer engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Computer Hardware Engineers
Software Developers
Software Quality Assurance Analysts and Testers
Computer Network Architects
Telecommunications Engineering Specialists
Database Architects
Data Warehousing Specialists
Engineering Teachers, Postsecondary
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 Northwestern University, approximately 19% 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 median of 5 similar programs in IL. Actual outcomes may vary.