Mechanical Engineering, Mechanical Technology, Technician Degree from Colorado Mesa University Return on Investment

See what the return on investment is for jobs that someone with a Mechanical Engineering, Mechanical Technology, Technician degree from Colorado Mesa University is likely to work in.

F D C B A
Approximate Total Payment $91,627
Approximate Total Interest $25,934
Monthly Payment $636.30
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 mechanical engineering, mechanical technology, technician from colorado mesa university

Mechanical engineering technologists and technicians

Projection Rating: B+

Median Annual Wage: $64,020

Percentage of Paycheck to Repay: 11.93%-8.87%

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: 7.67%-5.71%

Employment Change: 32.1%

Entry-Level Education: Bachelor's degree

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

Investing in your education is a crucial decision, especially when considering a degree in Mechanical Engineering, Mechanical Technology, or a Technician Degree from Colorado Mesa University (CMU). Understanding the potential return on investment (ROI) can help you make an informed choice about your future. Here’s why pursuing one of these degrees at CMU can be a smart financial move.

High Earning Potential: Graduates from CMU's Mechanical Engineering and Technology programs are well-prepared to enter a thriving job market. With a robust foundation in engineering principles, hands-on experience, and industry-relevant skills, many graduates secure positions with competitive salaries. According to recent statistics, professionals in mechanical engineering can earn an average salary significantly above the national average, often exceeding $80,000 annually, making the financial investment in your degree worthwhile.

Diverse Career Opportunities: A degree from CMU opens doors to a variety of career paths. Graduates can pursue roles in aerospace, automotive, manufacturing, and energy sectors, among others. The demand for skilled technicians and engineers continues to grow, particularly in Colorado, where innovation and technology are booming. This versatility allows you to align your career with your interests while maximizing your earning potential.

Hands-On Experience: CMU emphasizes practical, hands-on experience in its curriculum. With state-of-the-art facilities and industry partnerships, students engage in real-world projects that enhance their skills and employability. This practical approach not only enriches your learning experience but also makes you a more attractive candidate to potential employers, ultimately boosting your ROI.

Networking Opportunities: Attending Colorado Mesa University provides you with access to a vast network of alumni and industry contacts. Building relationships during your studies can lead to internships, job placements, and insider knowledge about job openings in your field. These connections can significantly enhance your career prospects and return on your educational investment.

Supportive Learning Environment: CMU prides itself on offering a supportive and personalized education experience. With smaller class sizes and dedicated faculty, students receive the attention they need to excel academically and professionally. This nurturing environment fosters success and prepares you for the challenges of a career in mechanical engineering or technology.

Conclusion: Choosing to pursue a degree in Mechanical Engineering, Mechanical Technology, or a Technician Degree from Colorado Mesa University is not just an educational choice; it's an investment in your future. With high earning potential, diverse career opportunities, hands-on experience, and a supportive learning environment, your degree can yield significant returns. Take the next step towards a rewarding career by exploring the programs offered at CMU today!

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!