Est. Earnings (1yr)
$68,764
Est. from NC median (4 programs)
Est. Median Debt
$26,459
Est. from national median (24 programs)

Analysis

Wake Forest's engineering program faces an unusual challenge: competing against North Carolina's public universities with substantially higher price tags. Based on comparable engineering programs in the state, graduates can expect first-year earnings around $69,000—roughly on par with the national median. The estimated debt of $26,500 keeps the debt-to-earnings ratio reasonable at 0.38, but that figure deserves scrutiny given Wake Forest's private school tuition and the fact that only 9% of students receive Pell grants, suggesting most families are paying closer to full price.

The real question is value relative to alternatives. NC State's engineering graduates—with actual reported data—earn $72,000 in their first year, likely with lower debt loads given in-state tuition options. Even UNC Asheville's smaller program reports $73,000 in first-year earnings. Wake Forest's selective admissions (22% acceptance rate, 1469 average SAT) attract high-achieving students, but engineering is a field where employers care more about your senior design project than your university's prestige. The estimated earnings suggest Wake Forest engineers aren't commanding a premium in the job market.

For families paying private school rates, this creates a difficult calculus. If your child is in-state for North Carolina's excellent public engineering programs, the cost difference would be hard to justify based on these peer-program estimates alone. Out-of-state students might find the gap smaller, but should confirm actual costs and compare carefully against their home state options.

Where Wake Forest University Stands

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

Compare to Similar Programs in North Carolina

Engineering bachelors's programs at peer institutions in North Carolina (8 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Wake Forest UniversityWinston-Salem$64,758$68,764*$26,459*
University of North Carolina AshevilleAsheville$7,461$73,410*$86,814$31,000*0.42
North Carolina State University at RaleighRaleigh$8,895$71,769*$30,518*0.43
East Carolina UniversityGreenville$7,361$65,758*$77,366$26,978*0.41
Western Carolina UniversityCullowhee$4,532$62,244*$25,550*0.41
National Median$67,911*$26,056*0.38
* Estimated from similar programs

Career Paths

Occupations commonly associated with 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

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.

Wind Energy Engineers

Design underground or overhead wind farm collector systems and prepare and develop site specifications.

Solar Energy Systems Engineers

Perform site-specific engineering analysis or evaluation of energy efficiency and solar projects involving residential, commercial, or industrial customers. Design solar domestic hot water and space heating systems for new and existing structures, applying knowledge of structural energy requirements, local climates, solar technology, and thermodynamics.

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 Wake Forest University, approximately 9% 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 median of 4 similar programs in NC. Actual outcomes may vary.