Mechanical Engineering Degree from North Dakota State University – Main Campus Return on Investment

See what the return on investment is for jobs that someone with a Mechanical Engineering degree from North Dakota State University – Main Campus is likely to work in.

F D C B A
Approximate Total Payment $94,638
Approximate Total Interest $26,786
Monthly Payment $657.21
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 north dakota state university - main campus

Mechanical engineers

Projection Rating: A-

Median Annual Wage: $99,510

Percentage of Paycheck to Repay: 7.93%-5.90%

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: 6.03%-4.49%

Employment Change: 4.1%

Entry-Level Education: Bachelor's degree

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Investing in your future with a Mechanical Engineering degree from North Dakota State University (NDSU) Main Campus offers significant returns. As one of the leading engineering programs in the Midwest, NDSU provides students with a robust education that combines theoretical knowledge with practical application. Graduates of the Mechanical Engineering program are well-equipped to enter a competitive job market, with a strong emphasis on problem-solving, design, and innovation.

The return on investment (ROI) for earning a Mechanical Engineering degree at NDSU is compelling. Graduates typically enjoy high starting salaries, with many securing positions in top companies across various industries such as aerospace, automotive, energy, and manufacturing. According to recent data, NDSU Mechanical Engineering graduates report an average starting salary significantly above the national average for engineering fields.

Furthermore, NDSU's strong connections with local businesses and industries enhance internship and job placement opportunities for students. Engaging in hands-on projects and research allows students to build valuable experience and networks, further increasing their employability upon graduation.

In addition to the financial benefits, obtaining a Mechanical Engineering degree from NDSU fosters essential skills such as teamwork, communication, and critical thinking. These transferable skills are highly sought after by employers and pave the way for career advancement and lifelong learning.

Overall, choosing to pursue a Mechanical Engineering degree at North Dakota State University is not just an educational decision; it’s a strategic investment in your future. With the potential for high returns, both financially and professionally, NDSU empowers students to succeed in a rapidly evolving engineering landscape.

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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