Analysis
USC's engineering program stands out for its remarkably low debt burden—just $2,750 at graduation puts it in the top 5% nationally—but the earnings picture requires closer examination. While comparable programs nationwide suggest first-year earnings around $68,000, by year four USC graduates reach nearly $95,000, which exceeds what similar programs typically produce even in California, where engineering degrees generally command higher starting salaries. That trajectory suggests strong career momentum, though it's worth noting that California engineering programs overall tend to start considerably higher than the national median.
The minimal debt load transforms the value equation here. Even if first-year earnings fall short of California's typical $88,000 for engineering graduates, a debt-to-earnings ratio of 0.04 means graduates could theoretically pay off their loans in a matter of weeks rather than years. This financial flexibility is unusual even among engineering programs, which already tend toward lower debt than other fields. USC's 10% admission rate and high SAT scores signal fierce competition for these seats, but for families who can manage the university's total cost of attendance, the engineering program delivers strong mid-career earnings with virtually no debt anchor.
The key question isn't whether this program produces solid outcomes—peer data and the year-four earnings suggest it does—but whether your family can afford USC's overall price tag to access them.
Where University of Southern California Stands
Earnings vs. debt across all engineering bachelors's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| University of Southern California | — | $94,963 | — |
| Franklin W Olin College of Engineering | $109,455 | $114,228 | +4% |
| University of California-Davis | $82,956 | $104,701 | +26% |
| Harvey Mudd College | $92,491 | $103,969 | +12% |
| Lafayette College | $76,507 | $92,618 | +21% |
Compare to Similar Programs in California
Engineering bachelors's programs at peer institutions in California (26 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $68,237 | $67,911* | $94,963 | $2,750 | — | |
| $66,255 | $92,491* | $103,969 | $22,240 | 0.24 | |
| $15,247 | $82,956* | $104,701 | $15,000 | 0.18 | |
| National Median | — | $67,911* | — | $26,056 | 0.38 |
Career Paths
Occupations commonly associated with engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Engineering Teachers, Postsecondary
Engineers, All Other
Energy Engineers, Except Wind and Solar
Mechatronics Engineers
Microsystems Engineers
Photonics Engineers
Robotics Engineers
Nanosystems Engineers
Wind Energy Engineers
Solar Energy Systems Engineers
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 Southern California, 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.
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 national median of 47 similar programs. Actual outcomes may vary.