Aerospace, Aeronautical, and Astronautical/Space Engineering

68
Schools
Master's
Credential Level
$117,679
National Avg Earnings

What the IPEDS & College Scorecard Data Shows for Aerospace, Aeronautical, and Astronautical/Space Engineering

Aerospace, Aeronautical, and Astronautical/Space Engineering is tracked across 68 U.S. postsecondary institutions in the College Scorecard field-of-study file, which links CIP code classifications from IPEDS to Treasury earnings records. This profile covers the master's credential level specifically, because the Department of Education reports program-level outcomes separately for associate, bachelor’s, master’s, and doctoral awards. The CIP (Classification of Instructional Programs) taxonomy lets analysts roll up specialties into broader families, which is why earnings medians across schools can be compared on a common basis.

Across all reporting institutions, the mean of school-level medians is $117,679, calculated from 32 schools with published earnings data. The earnings distribution stretches from $67,164 at the low end to $165,562 at the top, with a 25th-75th percentile band between $105,027 and $132,449 around a median of $120,144. The top-reporting institution in this program is Johns Hopkins University at $165,562. These numbers reflect earnings measured roughly a year after completion, using Social Security Administration tax records linked to federal financial aid applicants.

Variation across schools matters more than a single national figure. Completers counts reported per school indicate how many graduates’ earnings feed the median, which means small programs produce more volatile numbers. Median debt at the program level, when paired with earnings, yields a debt-to-earnings ratio that is the College Scorecard’s standard affordability signal — ratios under 1.0 indicate earnings exceed cumulative debt. Use the school-by-school table to spot institutions where Aerospace, Aeronautical, and Astronautical/Space Engineering graduates out-earn peers at comparable cost, and to surface gainful-employment patterns that only become visible at the CIP-code level.

Purdue University-Main Campus accounts for 12.4% of all Aerospace, Aeronautical, and Astronautical/Space Engineering master's credential graduates

That concentration — well above the 5% national median for largest-entity share — means Aerospace, Aeronautical, and Astronautical/Space Engineering-wide averages can mask substantial variation outside the dominant entity. That school produced 201 graduates in the most recent cohort, anchoring a meaningful slice of national supply for this field. When one entity dominates a region's footprint, its programmatic and budget decisions effectively set policy for a majority of the affected population.

Source: U.S. Department of Education College Scorecard U.S. Department of Education College Scorecard

Aerospace, Aeronautical, and Astronautical/Space Engineering master's credential median earnings varies 2.5× across entities

Aerospace, Aeronautical, and Astronautical/Space Engineering master's credential median earnings ranges from $67,164 (lowest) to $165,562 (highest), a spread of $98,398. That spread reflects typical sectoral variation between selective research institutions and broader access institutions. Earnings are measured roughly one year after completion using IRS records linked to federal aid recipients (see https://www.irs.gov/) — not all completers are captured, but the school-level medians correlate strongly with longer-term earnings trajectories.

Source: College Scorecard Field of Study file; U.S. Treasury earnings linkage College Scorecard Field of Study file; U.S. Treasury earnings linkage

Aerospace, Aeronautical, and Astronautical/Space Engineering master's credential median debt varies 2.1× across entities

Aerospace, Aeronautical, and Astronautical/Space Engineering master's credential median debt ranges from $26,875 (lowest) to $55,288 (highest), a spread of $28,413. That spread reflects typical institutional cost differences — public in-state, public out-of-state, and private school financing models produce predictable spreads. Median debt counts only those students who borrowed federal loans — students who paid out-of-pocket or received institutional grants are excluded from the borrower median, which can flatter low-debt schools.

Source: College Scorecard Field of Study file; IPEDS financial aid data College Scorecard Field of Study file; IPEDS financial aid data

Aerospace, Aeronautical, and Astronautical/Space Engineering debt-to-earnings ratio is 0.29 — low (typically associated with graduates earn substantially more than they borrowed, which is the College Scorecard standard signal for affordability — a ratio under 0.5 means a year of post-completion earnings would clear half the federal-loan principal)

debt-to-earnings ratio is the simplest comparative metric but it does not capture the full picture: this ratio uses federal loan principal, not all education debt — private loans, parent PLUS loans not in the borrower’s name, and institutional debt are excluded Lower values often correlate with smaller scale and population characteristics rather than higher resource budgets per se.

Source: College Scorecard Field of Study file College Scorecard Field of Study file

Earnings Distribution

Min
$67,164
25th %ile
$105,027
Median
$120,144
75th %ile
$132,449
Max
$165,562
$67,164 $165,562

Top Schools for This Program

School Name State Completers Median Earnings Median Debt
Johns Hopkins University MD 91 $165,562
Massachusetts Institute of Technology MA 48 $151,237
University of California-Los Angeles CA 45 $151,186
Stanford University CA 54 $147,375
University of Washington-Seattle Campus WA 46 $142,946 $34,526
University of Southern California CA 114 $139,463 $55,288
California Polytechnic State University-San Luis Obispo CA 15 $132,720
Cornell University NY 29 $132,449
Purdue University-Main Campus IN 201 $131,275 $32,946
Florida Institute of Technology FL 31 $130,016
Georgia Institute of Technology-Main Campus GA 142 $126,979
University of Michigan-Ann Arbor MI 114 $125,870 $29,625
University of Illinois Urbana-Champaign IL 32 $125,843
Embry-Riddle Aeronautical University-Daytona Beach FL 49 $121,654
Embry-Riddle Aeronautical University-Worldwide FL 22 $121,654
University of Colorado Boulder CO 131 $120,144 $41,000
Texas A&M University-College Station TX 47 $119,512
Washington University in St Louis MO 26 $118,193
Virginia Polytechnic Institute and State University VA 47 $115,736
California State University-Long Beach CA 14 $114,594
Arizona State University Campus Immersion AZ 24 $110,778
University of Florida FL 42 $108,542
Worcester Polytechnic Institute MA 32 $107,344
University of Cincinnati-Main Campus OH 27 $105,027
University of Maryland-College Park MD 11 $101,746
University of Central Florida FL 48 $97,843 $26,875
Southeastern Oklahoma State University OK 43 $95,171
Wichita State University KS 11 $89,838
Rensselaer Polytechnic Institute NY 27 $88,506
Ohio State University-Main Campus OH 8 $81,702
Iowa State University IA 16 $77,649
The University of Alabama AL 37 $67,164

Frequently Asked Questions

How much do Aerospace, Aeronautical, and Astronautical/Space Engineering graduates earn?
Aerospace, Aeronautical, and Astronautical/Space Engineering graduates earn $117,679 on average across 68 schools. Earnings range from $67,164 to $165,562 depending on the institution.
Which school pays the most for Aerospace, Aeronautical, and Astronautical/Space Engineering?
Johns Hopkins University has the highest reported median earnings for Aerospace, Aeronautical, and Astronautical/Space Engineering graduates at $165,562, based on College Scorecard data.
What credential do you get in Aerospace, Aeronautical, and Astronautical/Space Engineering?
Aerospace, Aeronautical, and Astronautical/Space Engineering programs typically award a Master's credential. Earnings vary by school and credential level.

About This Data

Earnings data comes from the U.S. Department of Education College Scorecard Field of Study file. Median earnings represent graduates who received federal financial aid, drawn from U.S. Treasury tax records linked to federal student aid applicants. Completers count and debt figures reflect program-level data reported through IPEDS. Data is updated annually.

Earnings data sourced from IRS records via the U.S. Treasury–Department of Education matching protocol used by the College Scorecard.