Electrical and Electronics Engineering Degree from Florida Institute of Technology Return on Investment

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

F D C B A
Approximate Total Payment $258,769
Approximate Total Interest $73,240
Monthly Payment $1797.00
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 florida institute of technology

Electrical engineers

Projection Rating: C+

Median Annual Wage: $106,950

Percentage of Paycheck to Repay: 20.16%-15.00%

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: 18.09%-13.46%

Employment Change: 8.9%

Entry-Level Education: Bachelor's degree

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

The decision to pursue a degree in Electrical and Electronics Engineering is significant, especially when considering the return on investment (ROI) of your educational choices. At the Florida Institute of Technology, students benefit from a robust curriculum that equips them with the skills necessary to excel in a rapidly evolving field. But what does that mean for your financial future?

Graduates from the Electrical and Electronics Engineering program at Florida Tech are well-positioned to enter a job market filled with opportunities. According to recent data, engineering graduates can expect competitive starting salaries, often exceeding six figures, depending on their specialization and geographic location. This immediate earning potential is a compelling factor when assessing the ROI of your degree.

Moreover, Florida Tech emphasizes hands-on experience through internships, co-ops, and research projects. These practical experiences not only enhance learning but also provide valuable networking opportunities in the industry. Employers often favor candidates who have practical experience, which can lead to quicker job placement and higher starting salaries.

The university's strong connections with leading companies in the tech and engineering sectors also play a pivotal role in enhancing job prospects for graduates. With a dedicated career services team, students receive support in job placement and resume building, further amplifying their earning potential after graduation.

In addition to immediate financial benefits, a degree from Florida Institute of Technology can lead to long-term career advancement. Many alumni report significant salary growth and promotions within a few years of graduation. The skills and knowledge gained during the program prepare students for leadership roles, which can dramatically increase lifetime earnings.

Furthermore, the demand for electrical and electronics engineers is projected to continue growing, driven by advancements in technology and the need for sustainable energy solutions. This ongoing demand ensures that graduates remain competitive in the job market, making their investment in education more valuable over time.

In conclusion, the return on investment for a degree in Electrical and Electronics Engineering from Florida Institute of Technology is promising. With competitive salaries, hands-on experience, strong industry connections, and a growing job market, students can expect a rewarding career that justifies their educational investment. Choosing Florida Tech means choosing a pathway to financial success and professional fulfillment in the dynamic world of 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.

Get your personalized projection here!