Geological, Geophysical Engineering Degree from Colorado School of Mines Return on Investment

See what the return on investment is for jobs that someone with a Geological, Geophysical Engineering degree from Colorado School of Mines is likely to work in.

F D C B A
Approximate Total Payment $152,068
Approximate Total Interest $43,040
Monthly Payment $1056.03
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 geological, geophysical engineering from colorado school of mines

Environmental engineers

Projection Rating: B

Median Annual Wage: $100,090

Percentage of Paycheck to Repay: 12.66%-9.42%

Employment Change: 2.9%

Entry-Level Education: Bachelor's degree

Don't see the job you're looking for? Click here.

Investing in your education is one of the most important decisions you can make, and choosing a degree in Geological or Geophysical Engineering from the Colorado School of Mines is a strategic choice with significant potential returns. This specialized degree not only equips you with essential skills in geological and geophysical analysis but also places you in a prime position within a lucrative job market.

The return on investment (ROI) for graduates from the Colorado School of Mines is compelling. With a focus on practical application and hands-on experience, students are well-prepared to enter high-demand fields such as energy, environmental consulting, and natural resource management. According to recent statistics, the median starting salary for graduates in these disciplines exceeds $70,000 annually, significantly outpacing the national average for recent college graduates.

Furthermore, the Colorado School of Mines boasts strong industry connections and a robust alumni network, which can enhance job placement opportunities and career advancement. Graduates often find themselves in roles that not only offer competitive salaries but also the chance to work on groundbreaking projects that address critical global challenges, such as sustainable resource management and environmental protection.

In addition to high earning potential, a degree in Geological or Geophysical Engineering provides you with the skills necessary to make a meaningful impact on society and the environment. As industries increasingly prioritize sustainability, professionals in this field are uniquely positioned to lead initiatives that promote responsible resource extraction and environmental stewardship.

In conclusion, pursuing a degree in Geological or Geophysical Engineering from the Colorado School of Mines is a smart investment in your future. With strong earning potential, excellent career prospects, and the opportunity to contribute to vital global issues, this degree promises not only a lucrative return on investment but also a chance to make a difference in the world.

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.

Get your personalized projection here!