Analysis
At first glance, graduating with under $14,000 in debt looks like a win—and it is—but Alaska engineering grads typically earn more. UAA's $71,500 starting salary trails the state median of $75,470 and sits well below the University of Alaska Fairbanks' $79,438. That $8,000 gap compounds over a career and suggests employers may value the Fairbanks program more highly. Still, UAA beats the national median slightly and keeps you out of heavy debt, which matters when you consider that the typical mechanical engineering grad nationwide carries $24,755 in loans.
The debt-to-earnings ratio of 0.19 means you'd owe less than three months' salary—exceptional compared to most engineering programs. This gives UAA grads financial breathing room that many peers don't have. Whether that lower debt is worth the earnings tradeoff depends on your circumstances. If staying in Anchorage for family or lifestyle reasons makes sense, the program works. If you're choosing between Alaska schools purely on financial grounds, Fairbanks delivers better earning power.
The bottom line: UAA's mechanical engineering program won't burden you with debt, but it also won't maximize your Alaska earning potential. It's a reasonable choice for students with strong ties to Anchorage, less compelling if career earnings are your primary concern.
Where University of Alaska Anchorage Stands
Earnings vs. debt across all mechanical engineering bachelors's programs nationally
Earnings Distribution
How University of Alaska Anchorage graduates compare to all programs nationally
Compare to Similar Programs in Alaska
Mechanical Engineering bachelors's programs at peer institutions in Alaska (2 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $7,566 | $71,501 | — | $13,876 | 0.19 | |
| $8,640 | $79,438 | $76,473 | $18,250 | 0.23 | |
| National Median | — | $70,744 | — | $24,755 | 0.35 |
Career Paths
Occupations commonly associated with mechanical engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Aerospace Engineers
Mechanical Engineers
Fuel Cell Engineers
Automotive Engineers
Engineering Teachers, Postsecondary
Cost Estimators
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 University of Alaska Anchorage, 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.
Sample Size: Based on 33 graduates with reported earnings and 28 graduates with debt data. Small samples may not be representative.