U.S. median for this major: $88,063.
College Scorecard field of study; 30 graduates with earnings reported. A small group, so treat this figure with caution
Median for graduates who received federal aid.
College Scorecard field of study
About 11% of median earnings 4 years out. U.S. median $27,000.
College Scorecard field of study (federal loans)
Average after grants for all families receiving federal aid. Pick your income above.
Sticker price $86,474. College Scorecard.
Franklin W Olin College of Engineering Engineering: pay against the field, and payback
Same major, other colleges
Median earnings 4 years after graduating; state and U.S. figures are the median of each covered college's graduates in this major. College Scorecard; calculated by EducationGuide.
Engineering nationally: jobs, pay at ages 25-34, every state →
Cost to finish and years to pay back, by income
Uses Franklin W Olin College of Engineering's school-wide net price (no college reports it by major) and this major's graduate earnings.
| Family income | Net price / yr | Cost to finish | Years to pay back |
|---|---|---|---|
| $0–30k | n/a | — | not available |
| $30–48k | $3,100 | $13,082 | under 1 year |
| $48–75k | $9,528 | $40,208 | under 1 year |
| $75–110k | $12,271 | $51,784 | under 1 year |
| $110k+ | $27,096 | $114,345 | 1.2 years |
Cost to finish = yearly price × 4.2 years, the average time graduates took (73% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of Engineering graduates 4 years after graduating ($135,136) minus $39,880 for high school graduates ages 25-34 in MA (Census ACS 2020-2024), a gain of $95,256 a year. Before taxes, loan interest and earnings given up while in school. Method
College Scorecard; IPEDS Graduation Rates; U.S. Census Bureau ACS. Calculated by EducationGuide.
Engineering at Massachusetts colleges
Every Massachusetts college we cover that reports Engineering graduate earnings, highest first. Net price is the school-wide average after grants.
| Rank | College | Earnings, 4 yrs | Median debt | Avg. net price | Graduation |
|---|---|---|---|---|---|
| 1 | Franklin W Olin College of Engineering | $135,136 | $14,512 | $25,171 | 96% |
| 2 | Wentworth Institute of Technology | $96,695 | $27,000 | $34,170 | 68% |
| 3 | Smith College | $86,262 | $19,000 | $27,579 | 89% |
5 more Massachusetts colleges offer Engineering but have too few graduates to report earnings.
Careers for Engineering graduates
Architectural and Engineering Managers
Median annual wage, all workers. U.S. jobs +5.5% by 2035. Typical entry: bachelor's degree.
BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35. Careers from the federal major-to-occupation crosswalk.
What families pay at Franklin W Olin College of Engineering, by income
School-wide average after grants for students receiving federal aid. Tap your band.
College Scorecard
About Franklin W Olin College of Engineering
- Acceptance rate: 25% · admissions
- Graduation rate: 96% within 6 years
- Median earnings, all majors, 10 years after starting: $129,455
- Full cost breakdown · all 3 majors · overview
Related majors at Franklin W Olin College of Engineering
- Electrical Engineering—
- Mechanical Engineering—
Franklin W Olin College of Engineering Engineering questions
How much do Franklin W Olin College of Engineering Engineering graduates earn?
Engineering graduates of Franklin W Olin College of Engineering earn a median $135,136 four years after graduating and $109,455 one year after. The U.S. median for Engineering graduates across 57 colleges is $88,063.
How much debt do Franklin W Olin College of Engineering Engineering graduates have?
The median federal loan debt for Engineering graduates of Franklin W Olin College of Engineering is $14,512, about 11% of their median earnings four years out. Nationally the median is $27,000.
Is Franklin W Olin College of Engineering a good school for Engineering in Massachusetts?
On pay, Engineering graduates of Franklin W Olin College of Engineering earn $135,136 four years out, $38,441 above the median for the same major across 3 Massachusetts colleges ($96,695) and $47,073 above the U.S. median ($88,063). Medians of each college's graduates; EducationGuide calculation from College Scorecard.
Where does Franklin W Olin College of Engineering rank for Engineering in Massachusetts?
Of 3 Massachusetts colleges reporting Engineering graduate earnings, Franklin W Olin College of Engineering ranks 1st, the highest.
What jobs do Engineering graduates get?
A common career is architectural and engineering managers, with a median wage of $205,130 in the Boston-Cambridge-Newton, MA-NH area and $171,270 nationally.
Is Franklin W Olin College of Engineering the right fit for your family?
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Sources: U.S. Department of Education College Scorecard (field of study: median earnings and federal loan debt of graduates who received federal aid); BLS. How we score
Data: JSON · Markdown · all datasets
Cite this: “Franklin W Olin College of Engineering Engineering: earnings, debt and careers,” EducationGuide.com, https://educationguide.com/colleges/franklin-w-olin-college-of-engineering/majors/engineering (College Scorecard and BLS data).