Mechanical Engineering Degree from University of Wisconsin – Madison Return on Investment

See what the return on investment is for jobs that someone with a Mechanical Engineering degree from University of Wisconsin – Madison is likely to work in.

F D C B A
Approximate Total Payment $120,221
Approximate Total Interest $34,027
Monthly Payment $834.87
Assumed Loan Type Direct Subsidized
Assumed Repayment Plan Standard Fixed
Assumed Payoff Years 12
Assumed Scholarship Amount $0
Assumed Down Payment $0

Top job projections for graduates in mechanical engineering from university of wisconsin - madison

Mechanical engineers

Projection Rating: B+

Median Annual Wage: $99,510

Percentage of Paycheck to Repay: 10.07%-7.49%

Employment Change: 32.1%

Entry-Level Education: Bachelor's degree

Aerospace engineers

Projection Rating: A-

Median Annual Wage: $130,720

Percentage of Paycheck to Repay: 7.66%-5.70%

Employment Change: 4.1%

Entry-Level Education: Bachelor's degree

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The Mechanical Engineering Degree from the University of Wisconsin – Madison not only equips students with essential technical skills but also offers a substantial return on investment (ROI) for graduates. With a robust curriculum that blends theoretical knowledge with practical application, students gain a competitive edge in the job market.

Graduates of this esteemed program often find themselves in high-demand industries such as aerospace, automotive, energy, and manufacturing. According to recent statistics, alumni report an impressive average starting salary, which reflects the program's reputation and the quality of education provided.

Furthermore, the University of Wisconsin – Madison boasts strong connections with leading employers and offers extensive internship opportunities, allowing students to gain valuable real-world experience before graduation. This not only enhances their resumes but also significantly boosts their earning potential post-graduation.

In addition to financial benefits, a degree in mechanical engineering fosters critical thinking, problem-solving skills, and innovation—qualities that are highly sought after in today's fast-paced job market. The comprehensive education offered at UW – Madison prepares students to excel in various engineering roles, making them versatile and adaptable professionals.

Investing in a Mechanical Engineering Degree from the University of Wisconsin – Madison is a strategic decision for students looking to secure a prosperous future. With its strong ROI, esteemed faculty, and commitment to student success, UW – Madison stands out as a premier choice for aspiring engineers.

Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.

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