Engineering Degree from Texas Tech University Return on Investment

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

F D C B A
Approximate Total Payment $107,109
Approximate Total Interest $30,316
Monthly Payment $743.81
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 texas tech university

Engineers, all other

Projection Rating: A-

Median Annual Wage: $111,970

Percentage of Paycheck to Repay: 7.97%-5.93%

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: 12.14%-9.04%

Employment Change: 3.1%

Entry-Level Education: Associate's degree

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

Investing in an engineering degree from Texas Tech University (TTU) is not just a step toward a rewarding career; it’s a significant financial decision that can yield impressive returns. With a robust curriculum, esteemed faculty, and strong industry connections, TTU equips its engineering graduates with the skills and knowledge needed to excel in a competitive job market.

According to recent studies, graduates with an engineering degree from Texas Tech enjoy higher starting salaries compared to their peers from other institutions. The university's strong emphasis on hands-on experience and cutting-edge technology ensures that students are well-prepared for real-world challenges, making them highly sought after by employers.

The return on investment (ROI) of a TTU engineering degree is further enhanced by the university's extensive alumni network and career services. Graduates gain access to a wealth of job opportunities and internships, significantly increasing their chances of securing high-paying positions shortly after graduation.

Additionally, Texas Tech’s engineering programs are accredited by the Accreditation Board for Engineering and Technology (ABET), which adds value to the degree and assures employers of the quality of education that students receive. This accreditation, coupled with TTU's reputation for innovation and research, positions graduates favorably in the job market, leading to increased earning potential over their careers.

In terms of financial metrics, graduates can expect to see their salaries rise significantly over time. Many engineering disciplines report a steady increase in earnings as professionals gain experience, with some reaching six-figure salaries within a few years of graduation. This upward trajectory not only reflects the high demand for engineers but also illustrates the long-term financial benefits of pursuing an engineering degree from Texas Tech University.

Ultimately, the decision to pursue an engineering degree at Texas Tech University is an investment in your future. With high starting salaries, exceptional career support, and a solid educational foundation, TTU engineering graduates are well-prepared to achieve their professional goals while enjoying a substantial return on their educational investment.

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!