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What should be the maximum acceptable debt for a undergraduate engineering degree?

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I am a prospective transfer student who finished all the Gen. Ed. and 2 year science courses (math, chemistry, physics, etc.) so I would only have 2, realistically 3 years to go until I get my undergraduate degree. I have applied to USCs petroleum engineering program and have to evaluate the total cost of school versus the potential earnings I will make after graduation. Is it true that the engineering students receive more aid and merit scholarships than those in the non-science degrees? Has there ever been cases where students who attended USC left with less debt than say someone who graduated from a UC? Any advice or comments would be appreciated.

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