Physical Sciences Degree from New Mexico Institute of Mining and Technology Return on Investment

See what the return on investment is for jobs that someone with a Physical Sciences degree from New Mexico Institute of Mining and Technology is likely to work in.

F D C B A
Approximate Total Payment $94,618
Approximate Total Interest $26,780
Monthly Payment $657.07
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 physical sciences from new mexico institute of mining and technology

Physical scientists, all other

Projection Rating: A-

Median Annual Wage: $112,280

Percentage of Paycheck to Repay: 7.02%-5.23%

Employment Change: 0.8%

Entry-Level Education: Bachelor's degree

Chemists

Projection Rating: A-

Median Annual Wage: $84,680

Percentage of Paycheck to Repay: 9.31%-6.93%

Employment Change: 6.6%

Entry-Level Education: Bachelor's degree

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The decision to pursue a degree in Physical Sciences from the New Mexico Institute of Mining and Technology (New Mexico Tech) is not only an investment in education but also in your future career. As one of the leading institutions in the field, New Mexico Tech equips students with the knowledge and skills necessary to excel in various scientific sectors.

When evaluating the return on investment (ROI) of a Physical Sciences degree, several factors come into play. Graduates from New Mexico Tech benefit from a robust curriculum that emphasizes hands-on experience and research opportunities. This practical training enhances employability, making graduates highly sought after in the job market.

Moreover, the demand for professionals with expertise in physical sciences continues to grow, driven by advancements in technology and an increasing focus on sustainability and resource management. Graduates can find lucrative positions in industries such as energy, materials science, environmental consulting, and aerospace. The average starting salary for graduates in this field often exceeds national averages, providing a solid financial foundation.

Additionally, the extensive alumni network and strong industry connections fostered by New Mexico Tech can lead to valuable job placements and internship opportunities, further boosting ROI. Many graduates report not only securing employment shortly after graduation but also enjoying career advancement within a few years.

Investing in a Physical Sciences degree from New Mexico Tech means investing in a future filled with possibilities. With a combination of quality education, practical experience, and strong industry ties, students can expect a favorable return on their educational investment that will pay dividends throughout their careers.

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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