Massachusetts Institute of Technology Aerospace, Aeronautical, and Astronautical / Space Engineering: earnings, debt & careers

Aerospace, Aeronautical, and Astronautical / Space Engineering graduates of Massachusetts Institute of Technology earn a median $114,620 four years after graduating, with median federal loan debt of $17,724. That is $18,110 above the U.S. median for Aerospace, Aeronautical, and Astronautical / Space Engineering graduates ($96,510 across 59 colleges), and ranks 1st of 2 Massachusetts colleges.

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Earnings, 4 years after graduating
$114,620

U.S. median for this major: $96,510.

College Scorecard field of study; 30 graduates with earnings reported. A small group, so treat this figure with caution

Earnings, 1 year after
—

Median for graduates who received federal aid.

College Scorecard field of study

Median debt at graduation
$17,724

About 15% of median earnings 4 years out. U.S. median $25,000.

College Scorecard field of study (federal loans)

What your family pays
$20,111 /yr

Average after grants for all families receiving federal aid. Pick your income above.

Sticker price $82,730. College Scorecard.

Massachusetts Institute of Technology Aerospace, Aeronautical, and Astronautical / Space Engineering: pay against the field, and payback

Same major, other colleges

Massachusetts Institute of Technology graduates$114,620

Fewer than 3 Massachusetts colleges report earnings for this major, so there is no state median.

U.S. median (59 colleges)$96,510 (+$18,110)

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.

Aerospace, Aeronautical, and Astronautical / Space Engineering nationally: jobs, pay at ages 25-34, every state →

Cost to finish and years to pay back, by income

Uses Massachusetts Institute of Technology's school-wide net price (no college reports it by major) and this major's graduate earnings.

Family incomeNet price / yrCost to finishYears to pay back
$0–30k$0$0under 1 year
$30–48k$93$387under 1 year
$48–75k$1,480$6,157under 1 year
$75–110k$11,555$48,069under 1 year
$110k+$48,479$201,6732.7 years

Cost to finish = yearly price × 4.2 years, the average time graduates took (82% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of Aerospace, Aeronautical, and Astronautical / Space Engineering graduates 4 years after graduating ($114,620) minus $39,880 for high school graduates ages 25-34 in MA (Census ACS 2020-2024), a gain of $74,740 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.

Aerospace, Aeronautical, and Astronautical / Space Engineering at Massachusetts colleges

Every Massachusetts college we cover that reports Aerospace, Aeronautical, and Astronautical / Space Engineering graduate earnings, highest first. Net price is the school-wide average after grants.

RankCollegeEarnings, 4 yrsMedian debtAvg. net priceGraduation
1Massachusetts Institute of Technology$114,620$17,724$20,11196%
2Worcester Polytechnic Institute$105,171$27,000$43,07190%

Careers for Aerospace, Aeronautical, and Astronautical / Space Engineering graduates

Aerospace engineer

Boston area$149,470
Massachusetts$149,470
U.S.$134,960

Median annual wage, all workers. U.S. jobs +8.3% by 2035. Typical entry: bachelor's degree.

Architectural and Engineering Managers

Boston area$205,130
Massachusetts$201,430
U.S.$171,270

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 Massachusetts Institute of Technology, by income

School-wide average after grants for students receiving federal aid. Tap your band.

College Scorecard

About Massachusetts Institute of Technology

Related majors at Massachusetts Institute of Technology

Massachusetts Institute of Technology Aerospace, Aeronautical, and Astronautical / Space Engineering questions

How much do Massachusetts Institute of Technology Aerospace, Aeronautical, and Astronautical / Space Engineering graduates earn?

Aerospace, Aeronautical, and Astronautical / Space Engineering graduates of Massachusetts Institute of Technology earn a median $114,620 four years after graduating. The U.S. median for Aerospace, Aeronautical, and Astronautical / Space Engineering graduates across 59 colleges is $96,510.

How much debt do Massachusetts Institute of Technology Aerospace, Aeronautical, and Astronautical / Space Engineering graduates have?

The median federal loan debt for Aerospace, Aeronautical, and Astronautical / Space Engineering graduates of Massachusetts Institute of Technology is $17,724, about 15% of their median earnings four years out. Nationally the median is $25,000.

Where does Massachusetts Institute of Technology rank for Aerospace, Aeronautical, and Astronautical / Space Engineering in Massachusetts?

Of 2 Massachusetts colleges reporting Aerospace, Aeronautical, and Astronautical / Space Engineering graduate earnings, Massachusetts Institute of Technology ranks 1st, the highest.

What jobs do Aerospace, Aeronautical, and Astronautical / Space Engineering graduates get?

A common career is aerospace engineer, with a median wage of $149,470 in the Boston-Cambridge-Newton, MA-NH area and $134,960 nationally. Others include architectural and engineering managers.

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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
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Cite this: “Massachusetts Institute of Technology Aerospace, Aeronautical, and Astronautical / Space Engineering: earnings, debt and careers,” EducationGuide.com, https://educationguide.com/colleges/massachusetts-institute-of-technology/majors/aerospace-aeronautical-and-astronautical-space-engineering (College Scorecard and BLS data).