Engineering Degree from Rowan University Return on Investment

See what the return on investment is for jobs that someone with a Engineering degree from Rowan University is likely to work in.

F D C B A
Approximate Total Payment $127,796
Approximate Total Interest $36,171
Monthly Payment $887.47
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 engineering from rowan university

Engineers, all other

Projection Rating: A-

Median Annual Wage: $111,970

Percentage of Paycheck to Repay: 9.51%-7.08%

Employment Change: 8%

Entry-Level Education: Bachelor's degree

Engineering technologists and technicians, except drafters, all other

Projection Rating: B

Median Annual Wage: $73,500

Percentage of Paycheck to Repay: 14.49%-10.78%

Employment Change: 3.1%

Entry-Level Education: Associate's degree

Don't see the job you're looking for? Click here.

The decision to pursue an engineering degree is a significant investment in your future, and when it comes to choosing the right institution, Rowan University stands out as a top contender. With a robust engineering program that combines rigorous academics with hands-on experience, students can expect a substantial return on their investment.

Rowan University's engineering degree offers a comprehensive curriculum that is designed to equip students with the skills and knowledge necessary to excel in today’s competitive job market. The program emphasizes practical application through state-of-the-art laboratories and collaborative projects, ensuring that graduates are not only knowledgeable but also highly employable.

One of the most compelling aspects of pursuing an engineering degree at Rowan is the favorable salary outcomes for graduates. According to recent statistics, engineering graduates from Rowan University command competitive starting salaries that reflect the high demand for engineers in various industries. This strong earning potential significantly enhances the return on investment for students who choose to enroll.

Moreover, Rowan University is strategically located near major engineering hubs, providing students with access to internships and job opportunities that further increase their employability upon graduation. The university's strong connections with industry leaders facilitate networking opportunities and career placements, giving students a head start as they enter the workforce.

In addition to the financial benefits, earning an engineering degree from Rowan also opens doors to a diverse range of career paths. Graduates find themselves well-prepared for roles in fields such as civil, mechanical, electrical, and biomedical engineering, among others. This versatility not only enhances job security but also allows graduates to pursue careers that align with their passions and interests.

In conclusion, the engineering degree from Rowan University offers an impressive return on investment through its high starting salaries, extensive career opportunities, and a curriculum that prepares students for real-world challenges. With a commitment to student success and a focus on innovation, Rowan University is an excellent choice for aspiring engineers looking to make a lasting impact in their field.

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.

Get your personalized projection here!