Median Earnings (1yr)
$79,339
77th percentile
Median Debt
$26,686
15% above national median

Analysis

Stevens delivers strong chemical engineering outcomes that justify its premium positioning, though the New Jersey context reveals an interesting wrinkle. Graduates earn $79,339 in their first year—outpacing the national median by $6,000 and sitting comfortably in the 77th percentile nationally. More importantly, they're earning nearly $12,000 more than the typical New Jersey chemical engineering graduate, a meaningful gap that reflects Stevens' industry connections in the broader New York metro area. The debt load of $26,686 translates to a 0.34 debt-to-earnings ratio, well below the threshold where graduates typically struggle.

The 60th percentile ranking within New Jersey initially seems modest, but context matters: Stevens handily beats both Rutgers and NJIT, the state's major engineering competitors, despite their lower tuition. This suggests the school's proximity to pharmaceutical and chemical industry hubs is translating into tangible career advantages. Earnings growth to nearly $90,000 by year four shows graduates aren't simply benefiting from inflated entry-level positions—they're building sustainable careers.

For families weighing Stevens against in-state alternatives, the math is straightforward: you're paying modestly more in debt (about $1,000 above state median) to earn substantially more from day one. That premium generates real returns for chemical engineering students willing to look beyond the state school default.

Where Stevens Institute of Technology Stands

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

Earnings Distribution

How Stevens Institute of Technology graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Stevens Institute of Technology$79,339$89,971+13%
Rice University$87,830$108,850+24%
Rowan University$61,045$80,749+32%
Rutgers University-New Brunswick$67,777$80,163+18%
New Jersey Institute of Technology$66,617$78,403+18%

Compare to Similar Programs in New Jersey

Chemical Engineering bachelors's programs at peer institutions in New Jersey (5 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Stevens Institute of TechnologyHoboken$60,952$79,339$89,971$26,6860.34
Rutgers University-New BrunswickNew Brunswick$17,239$67,777$80,163$25,0000.37
New Jersey Institute of TechnologyNewark$19,022$66,617$78,403$26,4370.40
Rowan UniversityGlassboro$15,700$61,045$80,749$23,8630.39
National Median—$72,974—$23,2500.32

Career Paths

Occupations commonly associated with chemical 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

Chemical Engineers

Design chemical plant equipment and devise processes for manufacturing chemicals and products, such as gasoline, synthetic rubber, plastics, detergents, cement, paper, and pulp, by applying principles and technology of chemistry, physics, and engineering.

$121,860/yrJobs growth:Bachelor's degree

Bioengineers and Biomedical Engineers

Apply knowledge of engineering, biology, chemistry, computer science, and biomechanical principles to the design, development, and evaluation of biological, agricultural, and health systems and products, such as artificial organs, prostheses, instrumentation, medical information systems, and health management and care delivery systems.

$106,950/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.

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 Stevens Institute of Technology, approximately 20% 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.

Sample Size: Based on 57 graduates with reported earnings and 78 graduates with debt data. Small samples may not be representative.