# University of Alaska Fairbanks: Mechanical Engineering (bachelor's)

Fairbanks, AK. IPEDS 102614, CIP 14.19. Page: https://educationguide.com/colleges/university-of-alaska-fairbanks/majors/mechanical-engineering

## Graduate outcomes
- Median earnings 1 year after graduating: $79,438
- Median earnings 4 years after graduating: $91,522 (U.S. median for this major: $91,190 across 316 colleges)
- Median federal loan debt: $18,250 (U.S. median $24,876)
- Rank in AK: 2 of 2 colleges by 4-year earnings
- Versus the U.S. median: +$332

## Cost to finish and years to pay back (EducationGuide calculation)
School-wide net price x 4.44 years (average time graduates took). Earnings gain = $91,522 minus $40,610 for high school graduates ages 25-34 in AK (Census ACS 2020-2024).

| Family income | Net price / yr | Cost to finish | Years to pay back |
|---|---|---|---|
| 0-30k | $7,992 | $35,484 | under 1 year |
| 30-48k | $6,065 | $26,929 | under 1 year |
| 48-75k | $11,323 | $50,274 | 1.0 years |
| 75-110k | $15,526 | $68,935 | 1.4 years |
| 110k+ | $17,512 | $77,753 | 1.5 years |

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

## Mechanical Engineering at AK colleges
| College | Earnings 4 yrs | Median debt | Avg. net price | Graduation |
|---|---|---|---|---|
| University of Alaska Anchorage | $98,156 | $13,876 | $15,301 | 30% |
| University of Alaska Fairbanks | $91,522 | $18,250 | $10,892 | 38% |

## Careers
- Mechanical engineer (SOC 17-2140): median wage $122,760 Fairbanks-College, AK, $124,340 AK, $104,110 U.S.; U.S. jobs 11.2% by 2035
- Cost Estimators (SOC 13-1051): median wage not reported Fairbanks-College, AK, $97,020 AK, $78,740 U.S.; U.S. jobs -3.1% by 2035
- Architectural and Engineering Managers (SOC 11-9041): median wage $159,570 Fairbanks-College, AK, $164,260 AK, $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).
