The economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.
Median earnings of all students 3 years after graduation.
EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.
The total debt accrued by the median student at the time of graduation.
The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.
A master's degree in engineering is your ticket to faster career advancement or leadership and research roles in an engineering firm or government organization. Taking 1-2 years to complete, this degree can lead to anywhere from $5,000 to $25,000 more in annual earnings compared to the bachelor’s degree in engineering. Explore the best engineering masters programs below.
Our master’s in engineering rankings cover 143 of the 290 universities available, accounting for 85% of total student conferrals. Three years after completing their degree, graduates earn a weighted average salary of $93,141.
The economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.
Median earnings of all students 3 years after graduation.
EarningsPlus: + $2,737
EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.
Debt:$17,086
The total debt accrued by the median student at the time of graduation.
Debt to earnings:0.17
The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.
#2 in Michigan|#19 in Engineering nationally
University of Michigan, Dearborn
Dearborn, Michigan
Economic score:0.26
The economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.
Median earnings of all students 3 years after graduation.
EarningsPlus: + $303
EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.
Debt:$26,187
The total debt accrued by the median student at the time of graduation.
Debt to earnings:0.26
The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.
#3 in Michigan|#60 in Engineering nationally
University of Michigan, Ann Arbor
Ann Arbor, Michigan
Economic score:0.32
The economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.
Median earnings of all students 3 years after graduation.
EarningsPlus: + $3,906
EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.
Debt:$32,134
The total debt accrued by the median student at the time of graduation.
Debt to earnings:0.34
The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.
#4 in Michigan|#63 in Engineering nationally
Michigan Technological University
Houghton, Michigan
Economic score:0.33
The economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.
Median earnings of all students 3 years after graduation.
EarningsPlus: - $2,670
EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.
Debt:$23,538
The total debt accrued by the median student at the time of graduation.
Debt to earnings:0.32
The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.
#5 in Michigan|#100 in Engineering nationally
Wayne State University
Detroit, Michigan
Economic score:0.43
The economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.
Median earnings of all students 3 years after graduation.
EarningsPlus: - $3,009
EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.
Debt:$32,519
The total debt accrued by the median student at the time of graduation.
Debt to earnings:0.41
The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.
How long does it take to pay down debt in engineering in Michigan?
Years
Under 6 months
The average debt accrued from a master's degree in engineering is covered by average graduate earnings in under 6 months.
How much do graduates with master's degree in engineering earn in Michigan?
Salary
$106,762
The median master's degree in engineering graduate earns $106,762 3 years after graduating.
How much does a master's degree in engineering cost in Michigan?
Net cost
$15,004
The average annual cost of a master's degree in engineering is $15,004. This is the net cost and considers only students that have received Title IV funds.
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