Engineering Degree from Mercer University Return on Investment

See what the return on investment is for jobs that someone with a Engineering degree from Mercer University is likely to work in.

F D C B A
Approximate Total Payment $238,934
Approximate Total Interest $67,626
Monthly Payment $1659.27
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 engineering from mercer university

Engineers, all other

Projection Rating: B-

Median Annual Wage: $111,970

Percentage of Paycheck to Repay: 17.78%-13.23%

Employment Change: 8%

Entry-Level Education: Bachelor's degree

Engineering technologists and technicians, except drafters, all other

Projection Rating: C-

Median Annual Wage: $73,500

Percentage of Paycheck to Repay: 27.09%-20.16%

Employment Change: 3.1%

Entry-Level Education: Associate's degree

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

Investing in an engineering degree from Mercer University offers a substantial return on investment (ROI) for students and families alike. With a strong emphasis on practical experience and cutting-edge technology, Mercer’s engineering programs equip graduates with the skills needed to excel in a competitive job market. Not only do students benefit from a rigorous academic curriculum, but they also gain access to valuable networking opportunities, internships, and industry partnerships that enhance their employability.

According to recent studies, engineering graduates from Mercer University enjoy higher starting salaries compared to their peers from other institutions. The comprehensive education provided by Mercer not only prepares students for immediate job placement but also sets the stage for long-term career advancement. In fact, many alumni report rapid career growth, with numerous opportunities for promotions and specialized roles in various sectors, including civil, mechanical, electrical, and biomedical engineering.

Moreover, Mercer’s commitment to student success is evident through its robust career services, which offer personalized guidance, resume workshops, and interview preparation to ensure graduates are job-ready. With an impressive job placement rate and strong relationships with leading companies, Mercer University’s engineering graduates are highly sought after by employers.

In addition to financial benefits, an engineering degree from Mercer fosters critical thinking, problem-solving, and innovative skills that are essential in today’s ever-evolving technological landscape. Graduates leave not just with a degree but with a comprehensive skill set that empowers them to make lasting impacts in their fields.

In conclusion, choosing to pursue an engineering degree at Mercer University is a wise investment that promises a strong return, both financially and professionally. With a blend of academic excellence, hands-on experience, and extensive support, Mercer prepares its engineering graduates to thrive in their careers and contribute meaningfully to society.

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!