Engineering Degree from Minnesota State University – Mankato Return on Investment

See what the return on investment is for jobs that someone with a Engineering degree from Minnesota State University – Mankato is likely to work in.

F D C B A
Approximate Total Payment $87,522
Approximate Total Interest $24,772
Monthly Payment $607.79
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 engineering from minnesota state university - mankato

Engineers, all other

Projection Rating: A-

Median Annual Wage: $111,970

Percentage of Paycheck to Repay: 6.51%-4.85%

Employment Change: 8%

Entry-Level Education: Bachelor's degree

Engineering technologists and technicians, except drafters, all other

Projection Rating: A-

Median Annual Wage: $73,500

Percentage of Paycheck to Repay: 9.92%-7.38%

Employment Change: 3.1%

Entry-Level Education: Associate's degree

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Investing in an engineering degree from Minnesota State University, Mankato (MSU Mankato) is a decision with significant long-term benefits. Graduates from our esteemed engineering programs not only acquire essential technical skills but also gain a competitive edge in the job market, leading to lucrative career opportunities.

The return on investment (ROI) for an engineering degree at MSU Mankato is compelling. According to recent data, engineering graduates experience a higher starting salary compared to many other fields. With a strong emphasis on hands-on learning, collaborative projects, and industry partnerships, our students are well-prepared to meet the demands of employers.

Additionally, MSU Mankato's engineering programs are designed to equip students with critical thinking and problem-solving abilities, making them valuable assets in various industries, including aerospace, manufacturing, and renewable energy. Graduates not only benefit from high employment rates but also enjoy career advancement opportunities, further enhancing their earning potential over time.

Choosing to pursue an engineering degree at MSU Mankato means investing in your future. The skills and knowledge gained here can lead to fulfilling careers that contribute to innovation and societal development. When you consider the potential for salary growth, job stability, and personal fulfillment, the ROI of an engineering degree from MSU Mankato is clear.

Explore the engineering programs offered at Minnesota State University, Mankato, and discover how you can maximize your educational investment for a successful future 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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