Electrical and Electronics Engineering Degree from Milwaukee School of Engineering Return on Investment

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

F D C B A
Approximate Total Payment $228,248
Approximate Total Interest $64,602
Monthly Payment $1585.06
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 milwaukee school of engineering

Electrical engineers

Projection Rating: B-

Median Annual Wage: $106,950

Percentage of Paycheck to Repay: 17.78%-13.23%

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: 15.96%-11.87%

Employment Change: 8.9%

Entry-Level Education: Bachelor's degree

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The decision to pursue an Electrical and Electronics Engineering degree from the Milwaukee School of Engineering (MSOE) is not just a step towards academic achievement; it's also an investment in your future. Understanding the return on investment (ROI) of this degree can help prospective students make informed choices about their education and career paths.

MSOE's Electrical and Electronics Engineering program is designed to equip students with the skills and knowledge necessary to excel in a rapidly evolving technological landscape. Graduates from this program often find themselves in high-demand roles within various industries, including telecommunications, aerospace, and renewable energy. This demand translates into strong job placement rates and competitive salaries for graduates.

According to recent data, the average starting salary for MSOE Electrical and Electronics Engineering graduates is significantly higher than the national average for engineering degrees. With an emphasis on practical experience and hands-on learning, students are well-prepared for the challenges of the workforce. The university's strong industry connections also facilitate internships and co-op opportunities, further enhancing employability.

Moreover, the cost of tuition at MSOE is an important consideration. While private institutions may seem more expensive initially, the long-term benefits of a degree from a respected institution like MSOE can lead to a quicker return on investment. Graduates often recoup their educational costs within a few years of entering the workforce, thanks to their competitive salaries and the high demand for engineers.

In addition to financial considerations, an Electrical and Electronics Engineering degree from MSOE provides graduates with a robust network of alumni and industry professionals, opening doors to mentorship and career advancement opportunities. This network can be invaluable as you navigate your career and seek out new job opportunities.

In conclusion, investing in an Electrical and Electronics Engineering degree from the Milwaukee School of Engineering not only prepares you for a fulfilling career but also offers substantial returns in terms of salary, job security, and professional growth. With a focus on practical experience and strong industry ties, MSOE graduates are well-equipped to thrive in the ever-evolving world of technology.

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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