Engineering Degree from Philadelphia University Return on Investment
See what the return on investment is for jobs that someone with a Engineering degree from Philadelphia University is likely to work in.
Top job projections for graduates in engineering from philadelphia university
Engineers, all other
Projection Rating: B-
Median Annual Wage: $111,970
Percentage of Paycheck to Repay: 18.23%-13.57%
Employment Change: 8%
Entry-Level Education: Bachelor's degree
Engineering technologists and technicians, except drafters, all other
Projection Rating: C-
Median Annual Wage: $73,500
Percentage of Paycheck to Repay: 27.77%-20.67%
Employment Change: 3.1%
Entry-Level Education: Associate's degree
When considering an Engineering Degree from Philadelphia University, prospective students often weigh the return on investment (ROI) that such an educational commitment can deliver. This degree not only equips graduates with essential technical skills but also opens doors to lucrative career opportunities in a variety of engineering fields.
The ROI of an engineering degree is significant. On average, engineering graduates from Philadelphia University can expect to earn a competitive salary that often surpasses that of their peers in other disciplines. According to recent labor statistics, engineering roles typically command higher starting salaries, providing a strong financial incentive for students.
Additionally, Philadelphia University’s robust industry connections and comprehensive career support services facilitate internships and job placements, further enhancing the ROI. The university's curriculum is designed to align with current industry demands, ensuring that graduates are well-prepared to enter the workforce and meet employer expectations.
Investing in an engineering degree is not just about immediate financial returns; it also offers long-term career growth potential. Many engineering graduates enjoy steady career advancement, with opportunities to move into management roles or specialized positions that offer even greater earning potential.
Moreover, the skills developed during the program—such as problem-solving, critical thinking, and project management—are highly transferable, making graduates valuable assets in numerous sectors beyond traditional engineering roles. This versatility can further enhance the ROI by providing a broader range of career options.
In conclusion, an Engineering Degree from Philadelphia University not only provides a strong foundation in technical knowledge but also serves as a strategic investment in your future. With high earning potential, robust career support, and versatile skill development, graduates can achieve a solid return on their educational investment, making it a wise choice for aspiring engineers.
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.