# Franklin W Olin College of Engineering: Engineering (bachelor's)

Needham, MA. IPEDS 441982, CIP 14.01. Page: https://educationguide.com/colleges/franklin-w-olin-college-of-engineering/majors/engineering

## Graduate outcomes
- Median earnings 1 year after graduating: $109,455
- Median earnings 4 years after graduating: $135,136 (U.S. median for this major: $88,063 across 57 colleges)
- Median federal loan debt: $14,512 (U.S. median $27,000)
- Rank in MA: 1 of 3 colleges by 4-year earnings
- Versus the MA median for this major (3 colleges, $96,695): +$38,441
- Versus the U.S. median: +$47,073

## Cost to finish and years to pay back (EducationGuide calculation)
School-wide net price x 4.22 years (average time graduates took). Earnings gain = $135,136 minus $39,880 for high school graduates ages 25-34 in MA (Census ACS 2020-2024).

| Family income | Net price / yr | Cost to finish | Years to pay back |
|---|---|---|---|
| 0-30k | not reported | not reported | 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 |

Method: https://educationguide.com/how-we-score#value

## Engineering at MA colleges
| College | Earnings 4 yrs | Median debt | Avg. net price | Graduation |
|---|---|---|---|---|
| Franklin W Olin College of Engineering | $135,136 | $14,512 | $25,171 | 96% |
| Wentworth Institute of Technology | $96,695 | $27,000 | $34,170 | 68% |
| Smith College | $86,262 | $19,000 | $27,579 | 89% |

## Careers
- Architectural and Engineering Managers (SOC 11-9041): median wage $205,130 Boston-Cambridge-Newton, MA-NH, $201,430 MA, $171,270 U.S.; U.S. jobs 5.5% by 2035

## Sources and years
- Earnings (4 yr): Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars; debt: NSLDS pooled AY2018-19, AY2019-20 cohort

Free to reuse with attribution: cite "EducationGuide.com" with a link to the page URL. Most figures are U.S. government data (public domain); loan default rates and athletics come from the Urban Institute Education Data Portal (ODC-By 1.0, attribution required) and founding years from Wikidata (CC0).
