Electrical and Electronic Engineering Technologies Degree from New England Institute of Technology Return on Investment

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

F D C B A
Approximate Total Payment $157,933
Approximate Total Interest $44,700
Monthly Payment $1096.76
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 electronic engineering technologies from new england institute of technology

Electrical and electronic engineering technologists and technicians

Projection Rating: B-

Median Annual Wage: $72,800

Percentage of Paycheck to Repay: 18.08%-13.45%

Employment Change: 3%

Entry-Level Education: Associate's degree

Electronics engineers, except computer

Projection Rating: B+

Median Annual Wage: $119,200

Percentage of Paycheck to Repay: 11.04%-8.22%

Employment Change: 8.9%

Entry-Level Education: Bachelor's degree

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The Electrical and Electronic Engineering Technologies degree from the New England Institute of Technology (NEIT) offers students a robust education that combines theoretical knowledge with hands-on experience. As technology continues to evolve, the demand for skilled engineers in this field is on the rise, making this degree a valuable investment in your future.

Graduates of the Electrical and Electronic Engineering Technologies program can expect a strong return on investment (ROI) due to the high employability rates and competitive salaries associated with engineering roles. According to industry reports, electrical engineers can earn a substantial starting salary, with opportunities for salary growth as they gain experience. NEIT's strong connections with local industries ensure that students are well-prepared for the workforce, with many securing employment shortly after graduation.

Additionally, NEIT's focus on practical learning means that students will graduate with a portfolio of projects that showcase their skills to potential employers. The program’s curriculum is designed to meet the needs of the rapidly changing technology landscape, ensuring that graduates are equipped with the latest knowledge and skills in electrical and electronic systems.

Furthermore, NEIT provides a supportive learning environment with access to industry-standard equipment and experienced faculty members who bring real-world insights into the classroom. This combination of quality education and practical experience not only enhances student learning but also increases their marketability in a competitive job market.

In conclusion, pursuing an Electrical and Electronic Engineering Technologies degree at the New England Institute of Technology is a strategic move for those looking to enter a lucrative and dynamic field. With a clear path to employment and the potential for significant financial returns, this degree represents a smart investment in your career and future.

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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