Electrical and Electronics Engineering Degree from Florida Agricultural and Mechanical University Return on Investment

See what the return on investment is for jobs that someone with a Electrical and Electronics Engineering degree from Florida Agricultural and Mechanical University is likely to work in.

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Approximate Total Payment $97,810
Approximate Total Interest $27,683
Monthly Payment $679.23
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 electronics engineering from florida agricultural and mechanical university

Electrical engineers

Projection Rating: A-

Median Annual Wage: $106,950

Percentage of Paycheck to Repay: 7.62%-5.67%

Employment Change: 17.2%

Entry-Level Education: Bachelor's degree

Electronics engineers, except computer

Projection Rating: A-

Median Annual Wage: $119,200

Percentage of Paycheck to Repay: 6.84%-5.09%

Employment Change: 8.9%

Entry-Level Education: Bachelor's degree

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Investing in your education is one of the most important decisions you'll make, and pursuing an Electrical and Electronics Engineering Degree from Florida Agricultural and Mechanical University (FAMU) offers a promising return on investment (ROI). With the increasing demand for skilled engineers in various industries, graduates from FAMU are well-equipped to meet these challenges and excel in their careers.

FAMU's rigorous curriculum combines theoretical knowledge with practical experience, ensuring that students are not only prepared to enter the workforce but also to lead in innovative projects. The program covers essential topics such as circuit design, telecommunications, control systems, and microelectronics, providing a solid foundation for future success.

One of the key indicators of ROI is the earning potential of graduates. According to recent data, electrical and electronics engineers can expect competitive salaries, often exceeding $80,000 per year, depending on the region and level of experience. FAMU alumni have successfully secured positions in top-tier companies, contributing to their high employment rates.

Additionally, FAMU's strong industry connections and internship opportunities provide students with valuable networking experiences, further enhancing their job prospects post-graduation. Employers recognize the quality of education at FAMU, which leads to higher starting salaries for graduates and a quicker return on their educational investment.

Furthermore, FAMU is committed to fostering diversity and inclusion within the engineering field, ensuring that students from all backgrounds have access to quality education and career opportunities. This commitment not only enriches the learning environment but also prepares graduates to work effectively in diverse teams, a skill highly valued by employers.

In summary, an Electrical and Electronics Engineering Degree from Florida Agricultural and Mechanical University is more than just an educational credential; it is a strategic investment in your future. With strong earning potential, robust job placement rates, and a commitment to diversity, FAMU graduates are positioned to achieve significant returns on their educational investment, making their degree 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.

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