Analysis
A $27,000 debt load paired with estimated first-year earnings around $67,400 creates a manageable debt-to-earnings ratio of 0.40—well within the comfort zone for technical degrees. Similar electrical engineering technology programs in New York suggest graduates can expect to pay off their bachelor's debt in under half a year's salary, which is solid footing for entering the workforce.
The challenge is context. Top-performing programs in the state show a range from $61,500 to $83,500 in early earnings, with schools like Excelsior University and Rochester Institute of Technology placing graduates significantly higher. Pace's estimated position at the state median means you're likely paying private university tuition (admission selectivity and demographics suggest this) for outcomes that peer programs across New York typically produce. Given that SUNY Buffalo State and CUNY NYC College of Technology operate at substantially lower cost points while producing comparable or better results, the value calculation here depends heavily on factors the data can't capture—like Pace's location advantages in the New York metro area or specific industry connections.
The debt burden itself isn't alarming, but you need to understand what you're getting for that investment. If Pace offers clear pathways into employers that value its network, the premium could make sense. If not, comparable programs at lower cost might deliver similar technical credentials with less financial pressure.
Where Pace University Stands
Earnings vs. debt across all electrical engineering technologies/technicians bachelors's programs nationally
Compare to Similar Programs in New York
Electrical Engineering Technologies/Technicians bachelors's programs at peer institutions in New York (12 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $51,424 | $67,395* | — | $27,000* | — | |
| — | $83,479* | — | $24,073* | 0.29 | |
| $57,016 | $75,227* | $84,292 | $30,407* | 0.40 | |
| $8,486 | $71,894* | $82,564 | $28,000* | 0.39 | |
| $17,488 | $67,395* | $75,968 | $53,062* | 0.79 | |
| $7,332 | $61,520* | $83,092 | —* | — | |
| National Median | — | $67,395* | — | $27,558* | 0.41 |
Career Paths
Occupations commonly associated with electrical engineering technologies/technicians graduates
Aerospace Engineering and Operations Technologists and Technicians
Electrical and Electronic Engineering Technologists and Technicians
Electrical and Electronics Repairers, Powerhouse, Substation, and Relay
Electro-Mechanical and Mechatronics Technologists and Technicians
Robotics Technicians
Electrical and Electronics Drafters
Calibration Technologists and Technicians
Sound Engineering Technicians
Engineering Technologists and Technicians, Except Drafters, All Other
Non-Destructive Testing Specialists
Photonics Technicians
Disc Jockeys, Except Radio
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 Pace University, approximately 27% 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 7 similar programs in NY. Actual outcomes may vary.