Electrical and Electronics Engineering Degree from Auburn University Return on Investment

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

F D C B A
Approximate Total Payment $127,498
Approximate Total Interest $36,086
Monthly Payment $885.40
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 auburn university

Electrical engineers

Projection Rating: A-

Median Annual Wage: $106,950

Percentage of Paycheck to Repay: 9.93%-7.39%

Employment Change: 17.2%

Entry-Level Education: Bachelor's degree

Electronics engineers, except computer

Projection Rating: A-

Median Annual Wage: $119,200

Percentage of Paycheck to Repay: 8.91%-6.63%

Employment Change: 8.9%

Entry-Level Education: Bachelor's degree

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The Electrical and Electronics Engineering Degree from Auburn University offers a remarkable return on investment (ROI) for students looking to enter a dynamic and rewarding field. As industries increasingly rely on advanced technologies, the demand for skilled electrical engineers continues to soar. Graduates from Auburn University benefit from a comprehensive curriculum that combines theoretical knowledge with practical experience, ensuring they are well-prepared for the challenges of the modern workforce.

One of the key factors contributing to the strong ROI of an electrical and electronics engineering degree from Auburn is the university's esteemed reputation. Auburn's engineering program is consistently ranked among the top in the nation, attracting employers who seek out graduates for their expertise and problem-solving abilities. This strong industry connection often leads to higher starting salaries and promising career trajectories for alumni.

Furthermore, Auburn University provides numerous resources to support students' career development, including internship opportunities, co-op programs, and networking events. These experiences not only enhance students' resumes but also allow them to make valuable connections within the industry, further boosting their employment prospects upon graduation.

Financially, the ROI is evident when considering the average starting salary for electrical engineering graduates. According to recent data, alumni can expect to earn competitive salaries that quickly offset the cost of their education. Over time, the potential for salary growth in this field is substantial, with many professionals experiencing significant increases in earnings as they gain experience and take on more advanced roles.

In conclusion, pursuing an Electrical and Electronics Engineering Degree from Auburn University not only equips students with the necessary skills and knowledge to succeed but also provides a solid financial return on their investment. With a strong job market, competitive salaries, and ample career advancement opportunities, graduates can confidently embark on a fulfilling career path that promises both personal and professional growth.

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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