Electrical and Electronics Engineering Degree from University of Michigan – Dearborn Return on Investment

See what the return on investment is for jobs that someone with a Electrical and Electronics Engineering degree from University of Michigan – Dearborn is likely to work in.

F D C B A
Approximate Total Payment $89,595
Approximate Total Interest $25,358
Monthly Payment $622.19
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 university of michigan - dearborn

Electrical engineers

Projection Rating: A-

Median Annual Wage: $106,950

Percentage of Paycheck to Repay: 6.98%-5.19%

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: 6.26%-4.66%

Employment Change: 8.9%

Entry-Level Education: Bachelor's degree

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Investing in your future starts with a solid education, and an Electrical and Electronics Engineering degree from the University of Michigan – Dearborn offers exceptional return on investment (ROI). As one of the leading institutions in engineering education, UM-Dearborn equips students with the skills and knowledge necessary to excel in a rapidly evolving technological landscape.

One of the key benefits of pursuing an Electrical and Electronics Engineering degree at UM-Dearborn is the strong job placement rates. Graduates are highly sought after by top employers in various industries, ranging from automotive to telecommunications. With a robust alumni network and strong industry connections, students have access to valuable internships and job opportunities that significantly enhance their career prospects.

The curriculum is designed to provide both theoretical knowledge and practical experience, ensuring that graduates are well-prepared for real-world challenges. Hands-on projects, state-of-the-art laboratories, and collaborative learning environments foster critical thinking and innovation, making UM-Dearborn graduates stand out in the job market.

Additionally, the earning potential for Electrical and Electronics Engineering graduates is impressive. According to industry reports, professionals in this field can expect competitive salaries that often increase with experience and specialization. This financial advantage, combined with the relatively low cost of tuition at UM-Dearborn, makes the ROI for this degree particularly attractive.

Furthermore, the University of Michigan – Dearborn is committed to student success, offering comprehensive support services including career counseling, academic advising, and networking events. These resources are invaluable in helping students navigate their educational journey and prepare for successful careers.

In summary, an Electrical and Electronics Engineering degree from the University of Michigan – Dearborn not only provides a strong educational foundation but also promises a high return on investment through excellent job placement rates, competitive salaries, and a supportive learning environment. Investing in this degree is an investment in your future success.

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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