Analysis
University of Alaska Fairbanks' mechanical engineering graduates start with impressive salaries—nearly $80,000 in the first year, placing them in the 95th percentile nationally. However, with only two schools offering this degree in Alaska, that state ranking of 60th percentile tells a more nuanced story: UAA graduates earn about $8,000 less initially, suggesting UAF attracts stronger students or offers better industry connections. The modest $18,250 debt load (well below the national median of nearly $25,000) creates a compelling financial picture with a debt-to-earnings ratio of just 0.23.
The complication here is the small sample size—fewer than 30 graduates—which makes these numbers less reliable than programs with hundreds of data points. The 4% earnings decline from year one to year four could reflect temporary industry fluctuations, small-sample volatility, or graduates leaving Alaska's limited mechanical engineering market. Given Alaska's unique industrial base (oil, mining, aviation), early-career opportunities may differ from typical patterns elsewhere.
For families comfortable with the inherent uncertainty of limited data, the combination of strong starting salaries and low debt makes this financially attractive. Just recognize you're making decisions based on a small cohort's experience, and your student's outcome could vary more than it would at a larger program with more predictable patterns.
Where University of Alaska Fairbanks Stands
Earnings vs. debt across all mechanical engineering bachelors's programs nationally
Earnings Distribution
How University of Alaska Fairbanks graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| University of Alaska Fairbanks | $79,438 | $76,473 | -4% |
| Duke University | $89,938 | $101,532 | +13% |
| California State University Maritime Academy | $92,315 | $101,325 | +10% |
| SUNY Maritime College | $77,895 | $99,578 | +28% |
| Santa Clara University | $81,865 | $99,067 | +21% |
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 |
|---|---|---|---|---|---|
| $8,640 | $79,438 | $76,473 | $18,250 | 0.23 | |
| $7,566 | $71,501 | — | $13,876 | 0.19 | |
| 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 Fairbanks, approximately 22% 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 23 graduates with reported earnings and 20 graduates with debt data. Small samples may not be representative.