Electrical and Electronics Engineering Degree from Drexel University Return on Investment

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

F D C B A
Approximate Total Payment $284,438
Approximate Total Interest $80,505
Monthly Payment $1975.26
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 electrical and electronics engineering from drexel university

Electrical engineers

Projection Rating: C

Median Annual Wage: $106,950

Percentage of Paycheck to Repay: 22.16%-16.49%

Employment Change: 17.2%

Entry-Level Education: Bachelor's degree

Electronics engineers, except computer

Projection Rating: B-

Median Annual Wage: $119,200

Percentage of Paycheck to Repay: 19.89%-14.80%

Employment Change: 8.9%

Entry-Level Education: Bachelor's degree

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When considering an Electrical and Electronics Engineering degree from Drexel University, understanding the return on investment (ROI) is crucial for prospective students. This degree not only equips students with essential technical skills but also opens doors to lucrative career opportunities in a rapidly evolving field.

Drexel University is renowned for its comprehensive engineering programs, combining rigorous academic training with practical experience through co-op opportunities. Graduates benefit from Drexel's strong industry connections, which facilitate job placements in top companies across various sectors, including telecommunications, energy, and robotics.

The ROI of an Electrical and Electronics Engineering degree can be measured in several key factors:

  • Competitive Salaries: Graduates often secure high-paying positions. According to recent data, electrical engineers can earn an average salary well above the national median, with many starting their careers in the six-figure range.
  • Job Stability: The demand for skilled engineers continues to grow, driven by advancements in technology and the need for sustainable solutions. This translates to strong job security for graduates.
  • Career Advancement: With a degree from Drexel, graduates are well-prepared to take on leadership roles, further enhancing their earning potential over time.

Investing in an Electrical and Electronics Engineering degree from Drexel University is not just about acquiring knowledge; it’s about laying the foundation for a rewarding and successful career. The combination of Drexel’s esteemed program, hands-on learning experiences, and strong alumni network ensures that students are poised for success in the competitive engineering landscape.

In conclusion, the Electrical and Electronics Engineering degree from Drexel University offers a compelling ROI, merging educational excellence with real-world applicability. By choosing Drexel, you are not only investing in your education but also securing your future in one of the most dynamic fields in engineering.

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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