Median Earnings (1yr)
$82,823
95th percentile (60th in MI)
Median Debt
$21,750
12% below national median
Debt-to-Earnings
0.26
Manageable
Sample Size
277
Adequate data

Analysis

Michigan's mechanical engineering program commands a national reputation, but parents paying premium out-of-state tuition should know that in-state alternatives deliver comparable financial outcomes. Graduates earn $82,823 in their first year—placing them in the 95th percentile nationally but only the 60th percentile among Michigan programs. Michigan State grads actually earn slightly less ($80,259), but that gap is narrow enough to raise questions about ROI when factoring in admission difficulty and likely higher costs for most applicants.

The program's strength lies in its combination of strong starting salaries and manageable debt. The $21,750 median debt creates a debt-to-earnings ratio of just 0.26, meaning graduates can pay off loans in about 3 months of gross income. Earnings grow steadily to $91,187 by year four, a healthy 10% increase that suggests strong career progression. This financial profile works well for the 18% of students receiving Pell grants who gain access to elite engineering education without crushing debt.

For Michigan residents, this represents excellent value—you're getting top-tier credentials at in-state prices. Out-of-state families should weigh whether Michigan's brand advantage in their target industry or region justifies the cost premium over their own state flagship, since the earnings data suggests Michigan's mechanical engineering outcomes, while strong, aren't dramatically superior to peer programs.

Where University of Michigan-Ann Arbor Stands

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

University of Michigan-Ann ArborOther mechanical engineering programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How University of Michigan-Ann Arbor graduates compare to all programs nationally

University of Michigan-Ann Arbor graduates earn $83k, placing them in the 95th percentile of all mechanical engineering bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Michigan

Mechanical Engineering bachelors's programs at peer institutions in Michigan (17 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of Michigan-Ann Arbor$82,823$91,187$21,7500.26
Michigan State University$80,259$87,105$24,0000.30
Kettering University$79,307$91,536$28,0000.35
University of Detroit Mercy$78,552
Oakland University$78,213$89,376$25,0000.32
Lawrence Technological University$77,321$89,324$27,0000.35
National Median$70,744$24,7550.35

Other Mechanical Engineering Programs in Michigan

Compare tuition, earnings, and debt across Michigan schools

SchoolIn-State TuitionEarnings (1yr)Debt
Michigan State University
East Lansing
$15,988$80,259$24,000
Kettering University
Flint
$46,380$79,307$28,000
University of Detroit Mercy
Detroit
$32,300$78,552
Oakland University
Rochester Hills
$14,694$78,213$25,000
Lawrence Technological University
Southfield
$41,872$77,321$27,000

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 Michigan-Ann Arbor, approximately 18% 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 277 graduates with reported earnings and 217 graduates with debt data. Small samples may not be representative.