Mechanical Engineering Degree from Milwaukee School of Engineering Return on Investment

See what the return on investment is for jobs that someone with a Mechanical 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 mechanical engineering from milwaukee school of engineering

Mechanical engineers

Projection Rating: B-

Median Annual Wage: $99,510

Percentage of Paycheck to Repay: 19.11%-14.22%

Employment Change: 32.1%

Entry-Level Education: Bachelor's degree

Aerospace engineers

Projection Rating: B

Median Annual Wage: $130,720

Percentage of Paycheck to Repay: 14.55%-10.83%

Employment Change: 4.1%

Entry-Level Education: Bachelor's degree

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Investing in a Mechanical Engineering Degree from the Milwaukee School of Engineering (MSOE) offers significant returns that extend far beyond the classroom. As one of the premier institutions in the Midwest, MSOE combines rigorous academics with hands-on experience, equipping graduates with the skills necessary to excel in a competitive job market.

One of the primary factors contributing to the return on investment (ROI) of an MSOE mechanical engineering degree is the high employability rate of its graduates. According to recent statistics, over 90% of MSOE graduates secure employment within six months of graduation, often landing positions with leading engineering firms and innovative companies across various industries.

Furthermore, the average starting salary for MSOE mechanical engineering graduates is notably higher than the national average, providing a solid financial foundation for recent alumni. This competitive earning potential, combined with the school's emphasis on experiential learning and internships, ensures that students not only gain theoretical knowledge but also practical skills that are highly sought after by employers.

MSOE’s state-of-the-art facilities and strong industry connections further enhance the value of its mechanical engineering program. Students benefit from access to advanced laboratories and equipment, as well as opportunities for networking with industry professionals. These connections often lead to internships and job placements that can significantly boost a graduate's career trajectory.

Moreover, the long-term financial benefits of obtaining a mechanical engineering degree cannot be overlooked. As professionals advance in their careers, they often experience rapid salary growth, particularly as they gain experience and take on leadership roles. The demand for skilled engineers continues to rise, ensuring that those with an MSOE degree are well-positioned to capitalize on emerging opportunities in fields such as renewable energy, robotics, and manufacturing.

In conclusion, pursuing a mechanical engineering degree from the Milwaukee School of Engineering is not just a commitment to education; it is a strategic investment in a successful future. With high employability rates, competitive starting salaries, and robust industry connections, MSOE graduates can confidently expect a strong return on their educational investment, paving the way for a rewarding career in 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.

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