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Aerospace Engineering Degree in South Bend, IN — Salary & ROI 2026

Aerospace Engineering degree analysis for South Bend, IN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$71K

COL-adjusted

Mid-Career

$102K

COL-adjusted

ROI Payback

2.1 yrs

in South Bend

Cost of Living

89

index (100 = avg)

Aerospace Engineering in South Bend, IN Overview

South Bend, Indiana (pop. 103,453) has 9 colleges offering Aerospace Engineering programs. The local cost of living index of 89 keeps student expenses low, with average rent near campus at $1,010/month. Aerospace Engineering has seen growing enrollment nationally, reflecting rising employer demand for Aerodynamics and Propulsion skills. The adjusted starting salary in South Bend is approximately $71,200.

Category

Engineering

Local Colleges

9

Public Tuition

$9,463/yr

Private Tuition

$60,301/yr

Room & Board

$11,568/yr

Avg Fin. Aid

$8,347/yr

Unemployment

5.2%

Graduation Rate

62%

Aerospace Engineering Salary in South Bend (COL-Adjusted)

Salaries adjusted for South Bend's cost of living index of 89 (national average = 100).

Entry Level (0-2 yrs)
$71,200($-8,800 vs national)
Mid Career (5-9 yrs)
$102,350($-12,650 vs national)
Senior Level (15+ yrs)
$129,050($-15,950 vs national)

Note: National average Aerospace Engineering salary: $80,000 starting, $115,000 mid-career, $145,000 senior level.South Bend adjustment factor: 0.89x based on the local cost of living index.

Aerospace Engineering ROI Calculator for South Bend

Estimate your return on investment for a Aerospace Engineering degree using local South Bend tuition and cost of living data.

Public avg: $9,463 | Private avg: $60,301

South Bend avg aid: $8,347/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$84,124

tuition + room & board - aid

Annual Earnings Premium

$40,050

vs HS diploma in South Bend

ROI Payback Period

2.1 years

to break even

Lifetime Return in South Bend

$788,076

Lifetime earnings premium ($872,200) minus total education cost ($84,124)

Student Loan Payoff for Aerospace Engineering in South Bend

Standard Plan (10 years)

Loan Amount$84,124
Monthly Payment$955
Total Interest$30,501
% of Monthly Income16%

Aggressive Plan (5 years)

Loan Amount$84,124
Monthly Payment$1,646
Total Interest$14,635
Interest Savings$15,866

Colleges in South Bend for Aerospace Engineering

University of Notre Dame

private

$60,301/yr

$241,204 total

Community Colleges (2-Year Transfer)

Ivy Tech Community College South Bend

$4,540/yr

Top Employers for Aerospace Engineering in South Bend

South Bend offers opportunities in Engineering firms, Manufacturing, Defense contractors for Aerospace Engineering graduates. National top employers in this field include:

BoeingLockheed MartinSpaceXNorthrop GrummanNASA

Key South Bend Hiring Sectors for Engineering

Engineering firms

Manufacturing

Defense contractors

Energy companies

Construction firms

Common Aerospace Engineering Job Titles

Aerospace EngineerFlight Test EngineerSystems Engineer

Aerospace Engineering Degree in South Bend — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

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Compare Aerospace Engineering ROI in other cities, or explore other majors in South Bend.

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