Rankings / Outcomes

Highest-Paying Colleges for Mechanical Engineering

By David Krug, Co-Founder, CollegeRanker · Updated 2026-05-31 · 50 schools · Agent Insights

Schools Analyzed

$99,580

Avg. Earnings (10yr)

87%

Avg. Graduation Rate

$26,215

Avg. Net Price

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Mechanical engineering is a field that combines creativity with technical expertise, making it a popular choice for students. Those considering a degree in this discipline often want to know which colleges can set them up for financial success upon graduation. For instance, graduates from the top schools in this ranking earn an average of $99,776 right out of college.

What separates the standout programs from the rest goes beyond just high salaries. Key metrics like graduation rates, student debt, and long-term mobility are critical. Schools that excel in these areas often see their graduates thriving in the workforce, leading to higher earnings and less financial strain.

Take, for example, the Massachusetts Institute of Technology and Carnegie Mellon University. MIT graduates earn an impressive $143,372 compared to Carnegie Mellon’s $114,862. However, prospective students should also consider the differences in net price and debt. While MIT has a net price of $20,111, Carnegie Mellon’s net price is significantly higher at $31,944, which could impact a student’s decision based on their financial situation.

Key Findings

Graduates from MIT earn $143,372, the highest on this list.

Carnegie Mellon’s graduates earn $114,862 but face a higher net price of $31,944.

The average graduation rate for these top schools is 88%.

Franklin W Olin College has a net price of $25,171, balancing debt and earnings well.

Quick Numbers

Schools ranked 50

Avg. earnings at 10yr $99,580

Avg. graduation rate 87%

Avg. net price $26,215

Avg. median debt $19,462

How We Ranked

Ranked by graduate earnings with program concentration in Engineering

Read our full methodology →

Earnings vs. Cost

Each dot is a ranked school. Up = higher earnings. Right = higher cost. Top-left is the best value.

Graduation Rates

Longer bars = higher graduation rate.

Top 3

Massachusetts Institute of Technology

Cambridge, MA

Graduation96%

Earnings$143,372

Net Price$20,111

View full profile →

Stanford University

Stanford, CA

Graduation92%

Earnings$124,080

Net Price$13,807

View full profile →

Harvey Mudd College

Claremont, CA

Graduation93%

Earnings$138,687

Net Price$35,924

View full profile →

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Full Rankings

Massachusetts Institute of Technology

Cambridge, MA · 4,535 students · Private nonprofit

With a staggering graduation rate of 96%, Massachusetts Institute of Technology is a powerhouse for those passionate about science and technology. The median earnings of its graduates, reaching $143,372 a decade after leaving, reflect the high demand for MIT alumni in the workforce and their remarkable career trajectories.

5% accepted 96% graduate $143,372 earnings

Massachusetts's full profile

Stanford University

Stanford, CA · 7,554 students · Private nonprofit

Stanford University, nestled in the heart of Silicon Valley, cultivates innovation and leadership, with a graduation rate of 92%. Graduates earn a median income of $124,080 within ten years, underscoring the strong career prospects and entrepreneurial spirit fostered on campus.

4% accepted 92% graduate $124,080 earnings

Stanford's full profile

Harvey Mudd College

Claremont, CA · 921 students · Private nonprofit

Harvey Mudd College, known for its rigorous focus on engineering and science, reports a graduation rate of 93%. With median earnings of $138,687 ten years post-graduation, students can tap into lucrative careers and a strong alumni network that helps pave the way for future opportunities.

13% accepted 93% graduate $138,687 earnings

Harvey's full profile

Carnegie Mellon University

Pittsburgh, PA · 7,304 students · Private nonprofit

With a graduation rate of 93%, Carnegie Mellon University in Pittsburgh prepares students for success in various fields, particularly in technology and the arts. The university's median earnings at ten years after graduation sit at an impressive $114,862, indicating that graduates are well-equipped to enter the workforce with valuable skills and connections.

12% accepted 93% graduate $114,862 earnings

Carnegie's full profile

California Institute of Technology

Pasadena, CA · 987 students · Private nonprofit

California Institute of Technology, located in Pasadena, has a reputation for its rigorous science and engineering programs, evident in its 94% graduation rate. The small student body of 987 fosters close-knit relationships and exceptional faculty engagement, which helps students excel academically and professionally, with median earnings of $128,566 ten years after graduation.

3% accepted 94% graduate $128,566 earnings

California's full profile

Princeton University

Princeton, NJ · 5,709 students · Private nonprofit

Princeton University is known for its exceptional academic rigor and a 97% graduation rate, making it an appealing option for students seeking a comprehensive education. Located in Princeton, NJ, this school not only supports strong academic performance but also fosters a vibrant campus life, with median earnings of $110,066 at ten years post-graduation reflecting the value of a Princeton degree.

5% accepted 97% graduate $110,066 earnings

Princeton's full profile

University of Pennsylvania

Philadelphia, PA · 10,650 students · Private nonprofit

The University of Pennsylvania, located in Philadelphia, boasts a graduation rate of 97%, underscoring its commitment to student success across various disciplines, especially in business and the liberal arts. Graduates report median earnings of $111,371 ten years after earning their degree, highlighting the strong return on investment that a Penn education provides.

5% accepted 97% graduate $111,371 earnings

University's full profile

Stevens Institute of Technology

Hoboken, NJ · 4,222 students · Private nonprofit

With a graduation rate of 88%, Stevens Institute of Technology in Hoboken, NJ, prepares students for stable careers in tech and engineering fields. That translates into median earnings of $108,772 after ten years, showing a strong return on investment for graduates. Students here often thrive in hands-on learning environments, benefiting from strong industry connections in the vibrant New York metropolitan area.

48% accepted 88% graduate $108,772 earnings

Stevens's full profile

Georgia Institute of Technology-Main Campus

Atlanta, GA · 18,785 students · Public

Georgia Institute of Technology in Atlanta has an impressive 93% graduation rate, showcasing its commitment to student success. Graduates can expect median earnings of $102,772 within a decade, reflecting the school’s strong emphasis on technology and engineering. The vibrant campus life and access to a dynamic city help students cultivate both personal and professional networks that last long after graduation.

14% accepted 93% graduate $102,772 earnings

Georgia's full profile

#10

Santa Clara University

Santa Clara, CA · 6,552 students · Private nonprofit

Santa Clara University, located in the heart of Silicon Valley, cultivates a unique blend of innovation and tradition. With an 88% graduation rate, students are well-equipped for successful careers, earning a median of $109,183 after ten years. The university's close ties to major tech companies provide students with unparalleled opportunities for internships and job placements within a thriving industry.

48% accepted 88% graduate $109,183 earnings

Cornell University

Ithaca, NY · 15,995 students · Private nonprofit

Cornell University in Ithaca represents a unique blend of top-tier academics and breathtaking natural surroundings. With a graduation rate of 95%, the school is dedicated to nurturing student success, leading to median earnings of $104,043 ten years out. The diverse programs and collaborative culture attract students passionate about making an impact in various fields, from sciences to humanities.

9% accepted 95% graduate $104,043 earnings

Cornell's full profile

#12

Lehigh University

Bethlehem, PA · 5,898 students · Private nonprofit

With a graduation rate of 89%, Lehigh University in Bethlehem, PA, presents a compelling option for students aiming for strong academic outcomes. The school has a robust engineering program alongside a diverse range of liberal arts and business courses, attracting motivated learners who value both technical skills and critical thinking.

26% accepted 89% graduate $105,584 earnings

Lehigh's full profile

#13

Franklin W Olin College of Engineering

Needham, MA · 377 students · Private nonprofit

Franklin W. Olin College of Engineering has a modest student body of 377, yet it maintains an impressive graduation rate of 94%. Graduates earn a median of $129,455 within a decade, indicating that students are well-prepared for successful careers in engineering and related fields.

25% accepted 94% graduate $129,455 earnings

Franklin's full profile

#14

Rensselaer Polytechnic Institute

Troy, NY · 5,714 students · Private nonprofit

Rensselaer Polytechnic Institute in Troy, NY, showcases an 83% graduation rate, attracting students with a keen interest in technology and engineering. This school emphasizes hands-on learning and innovation, preparing students for careers in rapidly advancing fields.

63% accepted 83% graduate $102,051 earnings

Rensselaer's full profile

#15

Columbia University in the City of New York

New York, NY · 8,973 students · Private nonprofit

Columbia University in New York City has an impressive 96% graduation rate, drawing students who are ambitious and eager to engage with a diverse, vibrant community. As one of the most recognizable institutions globally, its location in one of the world's cultural hubs offers unparalleled opportunities for networking, internships, and experiences that extend beyond the classroom.

4% accepted 96% graduate $102,491 earnings

Columbia's full profile

#16

Harvard University

Cambridge, MA · 7,601 students · Private nonprofit

Harvard University, located in Cambridge, MA, boasts a staggering 97% graduation rate, highlighting its commitment to student success. Known for its rigorous academics and extensive resources, Harvard attracts ambitious students from around the world who seek to make meaningful contributions in their fields.

4% accepted 97% graduate $101,817 earnings

Harvard's full profile

#17

Yale University

New Haven, CT · 6,758 students · Private nonprofit

Yale University, with its storied history and commitment to excellence, is a place where students can thrive academically and personally. The school boasts a graduation rate of 96% and median earnings of $100,533 at ten years after graduation, highlighting the strong return on investment for its graduates. Yale's small class sizes and supportive faculty create an engaging environment for students to explore their passions.

4% accepted 96% graduate $100,533 earnings

Worcester Polytechnic Institute

Worcester, MA · 5,447 students · Private nonprofit

Worcester Polytechnic Institute, located in Worcester, MA, has a unique focus on project-based learning that prepares students for real-world challenges. With an acceptance rate of 60% and a graduation rate of 89%, WPI cultivates an engaging environment for students eager to dive into technology and engineering fields.

60% accepted 89% graduate $103,470 earnings

Worcester's full profile

#19

Colorado School of Mines

Golden, CO · 6,155 students · Public

Set in Golden, CO, the Colorado School of Mines is known for its emphasis on engineering and applied sciences, making it a great fit for students who are passionate about these fields. With an acceptance rate of 61% and a graduation rate of 81%, Mines creates an environment where dedicated students can thrive in technical disciplines.

61% accepted 81% graduate $97,335 earnings

Colorado's full profile

#20

University of Notre Dame

Notre Dame, IN · 8,818 students · Private nonprofit

With a graduation rate of 96%, the University of Notre Dame shows a strong commitment to student success. Its median earnings of $99,980 at ten years post-graduation reflect the university's emphasis on preparing students for high-paying careers. The campus culture fosters a sense of community and pride, making it a vibrant place for students to grow academically and socially.

11% accepted 96% graduate $99,980 earnings

University's full profile

#21

Duke University

Durham, NC · 6,442 students · Private nonprofit

Duke University is known for its rigorous academic programs and vibrant campus life, attracting driven students eager to excel. The university's impressive graduation rate of 96% and median earnings of $97,800 ten years after graduation speak volumes about the value of a Duke degree. The lively community and strong alumni network provide ample opportunities for students to connect and collaborate.

6% accepted 96% graduate $97,800 earnings

Dartmouth College

Hanover, NH · 4,541 students · Private nonprofit

Dartmouth College, nestled in Hanover, NH, is a highly selective institution with a 5% acceptance rate. With a graduation rate of 96%, students here benefit from a strong academic community and a commitment to excellence that leads to impressive outcomes after graduation.

5% accepted 96% graduate $97,434 earnings

Dartmouth's full profile

#23

Villanova University

Villanova, PA · 6,938 students · Private nonprofit

With a graduation rate of 92%, Villanova University supports its students in reaching their academic goals. The strong sense of community and commitment to student success here is evident, with many graduates earning a median of $100,423 within a decade of leaving the university.

27% accepted 92% graduate $100,423 earnings

Villanova's full profile

#24

SUNY Maritime College

Throggs Neck, NY · 1,285 students · Public

SUNY Maritime College, located in Throggs Neck, NY, offers a distinct experience combining maritime education with leadership training. With a 70% graduation rate and an acceptance rate of 72%, the college fosters a sense of community among students who are interested in maritime and environmental studies.

72% accepted 70% graduate $95,951 earnings

Rose-Hulman Institute of Technology

Terre Haute, IN · 2,309 students · Private nonprofit

Rose-Hulman Institute of Technology is a hidden gem for students passionate about engineering and technology. With a slightly lower graduation rate of 80%, the school focuses intensely on helping students develop strong technical skills, leading to median earnings of $101,253 at ten years post-graduation. The tight-knit community fosters collaboration and support, ideal for those ready to dive deep into their studies.

77% accepted 80% graduate $101,253 earnings

Rose-Hulman's full profile

#26

Kettering University

Flint, MI · 1,205 students · Private nonprofit

Kettering University, located in Flint, MI, is tailored for students who thrive in a hands-on learning environment focused on engineering and technology. With a graduation rate of 71%, Kettering prepares its graduates for promising careers, with a median earning of $94,823 ten years after they finish their studies.

79% accepted 71% graduate $94,823 earnings

Kettering's full profile

#27

Brown University

Providence, RI · 7,226 students · Private nonprofit

Brown University is known for its commitment to academic freedom and innovative learning. With a 96% graduation rate, students thrive in a collaborative environment that promotes exploration and creativity, leading to a median earning of $93,487 a decade post-graduation.

5% accepted 96% graduate $93,487 earnings

Vanderbilt University

Nashville, TN · 7,208 students · Private nonprofit

With a graduation rate of 93%, Vanderbilt University in Nashville demonstrates its commitment to student success. The blend of rigorous academics and a vibrant campus culture creates an environment where students can thrive both personally and professionally.

6% accepted 93% graduate $91,565 earnings

Vanderbilt's full profile

#29

Rice University

Houston, TX · 4,776 students · Private nonprofit

Rice University in Houston is known for its intimate campus, home to around 4,776 students who benefit from small class sizes and personalized attention. Achieving a graduation rate of 95%, Rice cultivates a culture of academic excellence and innovation that empowers students to pursue their passions.

8% accepted 95% graduate $89,718 earnings

Lafayette College

Easton, PA · 2,757 students · Private nonprofit

With a graduation rate of 88%, Lafayette College is a strong contender for students seeking a supportive environment that prioritizes academic success. Nestled in Easton, Pennsylvania, this private college fosters close-knit connections among its 2,757 students, allowing for personalized attention from faculty and a vibrant campus life.

31% accepted 88% graduate $91,410 earnings

Lafayette's full profile

#31

Northeastern University

Boston, MA · 17,326 students · Private nonprofit

Northeastern University in Boston is recognized for its robust co-op program, integrating real-world work experience into academic learning. With a graduation rate of 90%, students are equipped with practical skills that enhance their employability in diverse fields.

5% accepted 90% graduate $92,538 earnings

Northeastern's full profile

#32

Bucknell University

Lewisburg, PA · 3,876 students · Private nonprofit

With a graduation rate of 86% and median earnings of $93,807 a decade after graduation, Bucknell University in Lewisburg, PA, presents a compelling case for students seeking a strong return on their investment. The intimate size of just under 4,000 students allows for a close-knit community and personalized learning experiences, preparing graduates for success in their careers and beyond.

29% accepted 86% graduate $93,807 earnings

Bucknell's full profile

#33

Johns Hopkins University

Baltimore, MD · 5,693 students · Private nonprofit

Johns Hopkins University, located in Baltimore, Maryland, is renowned for its rigorous academic programs and research opportunities. With a remarkable graduation rate of 94%, students here benefit from a rich history of innovation and a focus on real-world problem solving, particularly in fields like medicine and science.

6% accepted 94% graduate $87,555 earnings

Washington and Lee University

Lexington, VA · 1,881 students · Private nonprofit

Washington and Lee University in Lexington is a close-knit academic community with just 1,881 students, fostering deep connections between faculty and peers. With a graduation rate of 94%, students are well-supported in their academic journeys, often leading to impressive career paths after graduation.

14% accepted 94% graduate $94,810 earnings

Washington's full profile

#35

California State University Maritime Academy

Vallejo, CA · 804 students · Public

California State University Maritime Academy in Vallejo, CA, is unique for its focus on maritime studies and hands-on learning. With a 63% graduation rate and median earnings reaching $94,784 10 years after graduation, students here are prepared for specialized careers in an industry that’s vital to our economy.

95% accepted 63% graduate $94,784 earnings

California's full profile

#36

University of Southern California

Los Angeles, CA · 20,443 students · Private nonprofit

The University of Southern California in Los Angeles is known for its robust alumni network and high graduation rate of 92%. Graduates earn a median income of $92,498 a decade after finishing their studies, highlighting the school's commitment to preparing students for lucrative careers in diverse fields, from entertainment to business.

10% accepted 92% graduate $92,498 earnings

University's full profile

#37

Northwestern University

Evanston, IL · 9,201 students · Private nonprofit

Northwestern University in Evanston, Illinois, is an institution where academic rigor meets a strong sense of community. With a graduation rate of 96%, students benefit from a collaborative atmosphere that encourages exploration across various disciplines, making it ideal for those seeking a well-rounded education in a vibrant urban setting.

8% accepted 96% graduate $89,363 earnings

Northwestern's full profile

#38

Milwaukee School of Engineering

Milwaukee, WI · 2,654 students · Private nonprofit

At Milwaukee School of Engineering, students immerse themselves in a hands-on learning environment that prioritizes engineering and technology. With a graduation rate of 69%, the school emphasizes practical experience, equipping graduates for a competitive workforce.

59% accepted 69% graduate $89,070 earnings

Milwaukee's full profile

#39

Clarkson University

Potsdam, NY · 2,196 students · Private nonprofit

Clarkson University is a solid option for students pursuing engineering and technology, with a graduation rate of 74%. Located in the heart of Potsdam, NY, the university emphasizes innovation and real-world applications in its curriculum.

77% accepted 74% graduate $89,696 earnings

Clarkson's full profile

#40

Maine Maritime Academy

Castine, ME · 942 students · Public

Maine Maritime Academy offers a unique blend of academics and hands-on training, making it a strong choice for students interested in maritime studies and engineering. With a graduation rate of 60%, it prepares students for specialized careers in maritime industries.

54% accepted 60% graduate $89,964 earnings

Case Western Reserve University

Cleveland, OH · 6,437 students · Private nonprofit

With a graduation rate of 87%, Case Western Reserve University in Cleveland, Ohio, consistently supports its students in reaching their academic goals. That strong completion rate is coupled with a median earning of $87,989 within ten years of graduation, suggesting that graduates are well-prepared for the workforce and can find lucrative positions in their fields.

37% accepted 87% graduate $87,989 earnings

New Jersey Institute of Technology

Newark, NJ · 9,019 students · Public

The New Jersey Institute of Technology is a public university that caters to over 9,000 students, with a focus on practical education in technology and engineering. Despite a 73% graduation rate, the earning potential is strong, with graduates making an average of $84,276 within ten years. This reflects the university's commitment to preparing students for success in high-demand fields.

65% accepted 73% graduate $84,276 earnings

Washington University in St Louis

St. Louis, MO · 7,857 students · Private nonprofit

Located in St. Louis, Washington University is known for its rigorous academic environment and supportive community, reflected in a remarkable graduation rate of 94%. The university nurtures students who thrive in a collaborative atmosphere, preparing them for diverse careers.

12% accepted 94% graduate $86,182 earnings

Washington's full profile

#44

United States Merchant Marine Academy

Kings Point, NY · 962 students · Public

The United States Merchant Marine Academy offers a unique blend of education and training, preparing students for careers in both the maritime industry and other sectors. With a graduation rate of 81%, students here can expect practical experiences that lead to a median earning of $90,610 ten years after graduation.

34% accepted 81% graduate $90,610 earnings

United's full profile

#45

George Washington University

Washington, DC · 11,182 students · Private nonprofit

47% accepted 85% graduate $90,873 earnings

George's full profile

#46

The Cooper Union for the Advancement of Science and Art

New York, NY · 842 students · Private nonprofit

At The Cooper Union, students are immersed in a unique educational experience focused on science and art. With a graduation rate of 81% and a tight-knit community of just 842 students, this private nonprofit institution fosters collaboration and innovation, encouraging students to push boundaries in their fields.

21% accepted 81% graduate $83,847 earnings

University of California-Berkeley

Berkeley, CA · 33,068 students · Public

At the University of California-Berkeley, students join a vibrant community where academic excellence meets social activism. With a graduation rate of 93%, Berkeley is a hub for those eager to engage in meaningful research and community service, attracting a diverse mix of over 33,000 students who are passionate about making a difference.

11% accepted 93% graduate $92,446 earnings

University's full profile

#48

Missouri University of Science and Technology

Rolla, MO · 5,521 students · Public

73% accepted 64% graduate $82,957 earnings

Missouri's full profile

#49

Illinois Institute of Technology

Chicago, IL · 2,833 students · Private nonprofit

55% accepted 74% graduate $82,592 earnings

Illinois's full profile

#50

California Polytechnic State University-San Luis Obispo

San Luis Obispo, CA · 21,996 students · Public

California Polytechnic State University in San Luis Obispo offers a solid education with a strong focus on hands-on learning, contributing to an 86% graduation rate. With median earnings of $90,768 a decade post-graduation, students are well-equipped for the workforce, particularly in engineering and agriculture, areas where the school excels.

31% accepted 86% graduate $90,768 earnings

California's full profile

When looking closely at the data, a clear pattern emerges. MIT outperforms not only in earnings but also in lower debt levels, with graduates facing only $14,768 in debt. In contrast, Harvey Mudd's graduates earn $138,687 but carry a heavier debt burden of $25,000. This highlights the importance of considering both earnings and financial obligations when evaluating these programs.

With 50 schools to choose from, weighing this information against personal priorities is crucial. Think about location, program fit, and campus culture alongside these numbers. If financial aid and net price matter, schools like MIT and Franklin W Olin might deserve more attention due to their favorable financial profiles.

Ultimately, the data speaks to the broader implications of selecting a college. A degree in mechanical engineering can pave the way toward a stable and lucrative career, particularly from schools that prioritize student outcomes. For families making this decision, understanding these metrics can help identify a path to a secure future, where financial burdens are manageable.

Data Sources

U.S. Dept of Education College Scorecard

Opportunity Insights Mobility Report Card

Social Capital Atlas

Times Higher Education World Rankings

NCES IPEDS

Sources & Citations

[1]

Chetty, R., Friedman, J., Saez, E., Turner, N., & Yagan, D. (2017). Mobility Report Cards: The Role of Colleges in Intergenerational Mobility. NBER Working Paper No. 23618. →

[2]

U.S. Department of Education. College Scorecard Data. Federal Student Aid, National Center for Education Statistics. →

[3]

National Center for Education Statistics. Integrated Postsecondary Education Data System (IPEDS). →

David Krug

Co-Founder, CollegeRanker

David Krug is the co-founder of CollegeRanker and a data systems architect focused on making institutional research accessible to families. He builds the data pipelines and ranking algorithms that power CollegeRanker, drawing from federal datasets and Raj Chetty's Opportunity Insights research to measure what traditional rankings ignore: whether a college actually changes a family's economic trajectory.

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