Mechanical Engineering, Mechanical Technology, Technician Degree from Montana State University Return on Investment
See what the return on investment is for jobs that someone with a Mechanical Engineering, Mechanical Technology, Technician degree from Montana State University is likely to work in.
Top job projections for graduates in mechanical engineering, mechanical technology, technician from montana state university
Mechanical engineering technologists and technicians
Projection Rating: B
Median Annual Wage: $64,020
Percentage of Paycheck to Repay: 12.40%-9.22%
Employment Change: 0.8%
Entry-Level Education: Associate's degree
Mechanical engineers
Projection Rating: A-
Median Annual Wage: $99,510
Percentage of Paycheck to Repay: 7.98%-5.93%
Employment Change: 32.1%
Entry-Level Education: Bachelor's degree
If you’re considering a career in mechanical engineering or mechanical technology, obtaining a technician degree from Montana State University (MSU) can provide a significant return on investment (ROI). The demand for skilled professionals in these fields continues to grow, making your educational investment more valuable than ever.
Montana State University offers a comprehensive curriculum that equips students with both theoretical knowledge and practical skills essential for success in mechanical engineering and technology. Graduates of the program are well-prepared to enter the workforce, with many finding lucrative positions in industries such as aerospace, automotive, manufacturing, and energy.
One of the key factors contributing to a strong ROI is the earning potential for graduates. According to recent data, mechanical engineers in Montana can expect to earn an average salary significantly above the state’s median income. By completing a technician degree at MSU, you position yourself to enter a high-paying job market, which can lead to a rapid return on your tuition investment.
Additionally, MSU’s robust career services and industry connections enhance the job placement rate for graduates. The university collaborates with local and national companies, providing students with internship opportunities that can lead to full-time employment after graduation. This hands-on experience not only enriches your resume but also accelerates your career trajectory, further enhancing the ROI of your degree.
Another aspect to consider is the long-term benefits of a degree from a reputable institution like Montana State University. Employers often prioritize candidates with degrees from established programs, which can give you a competitive edge in the job market. This reputation, combined with the practical skills gained through the program, ensures that graduates are well-equipped to meet the evolving demands of the mechanical engineering field.
In conclusion, pursuing a mechanical engineering or mechanical technology technician degree from Montana State University is a strategic investment in your future. With strong earning potential, excellent job placement opportunities, and the backing of a respected institution, you can expect a favorable return on your investment, making this degree a wise choice for aspiring engineers and technicians.
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.