Aerospace, Aeronautical, and Astronautical Space Engineering Degree from University of Michigan – Ann Arbor Return on Investment

See what the return on investment is for jobs that someone with a Aerospace, Aeronautical, and Astronautical Space Engineering degree from University of Michigan – Ann Arbor is likely to work in.

F D C B A
Approximate Total Payment $131,840
Approximate Total Interest $37,315
Monthly Payment $915.56
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 aerospace, aeronautical, and astronautical space engineering from university of michigan - ann arbor

Aerospace engineers

Projection Rating: A-

Median Annual Wage: $130,720

Percentage of Paycheck to Repay: 8.40%-6.25%

Employment Change: 4.1%

Entry-Level Education: Bachelor's degree

Mechanical engineers

Projection Rating: B+

Median Annual Wage: $99,510

Percentage of Paycheck to Repay: 11.04%-8.22%

Employment Change: 32.1%

Entry-Level Education: Bachelor's degree

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The Aerospace, Aeronautical, and Astronautical Space Engineering Degree from the University of Michigan – Ann Arbor is an investment in your future that promises remarkable returns. As one of the leading engineering programs in the country, this degree equips students with the skills and knowledge required to excel in the rapidly evolving aerospace industry.

Graduates of this prestigious program are highly sought after by top employers in the aerospace sector, including NASA, Boeing, Lockheed Martin, and SpaceX. With a curriculum that combines theoretical knowledge with hands-on experience, students gain practical skills in areas such as fluid dynamics, propulsion systems, and spacecraft design. This robust educational foundation prepares them for lucrative job opportunities upon graduation.

The return on investment (ROI) for an Aerospace Engineering degree from the University of Michigan is significant. According to recent statistics, graduates can expect starting salaries that are considerably higher than the national average for engineers. Moreover, the program's strong alumni network and career services provide invaluable support in securing internships and job placements, further enhancing the earning potential of graduates.

In addition to financial benefits, this degree opens doors to exciting career paths. Whether your interest lies in commercial aviation, defense, or space exploration, a degree from the University of Michigan positions you at the forefront of innovation in the aerospace field. The program's emphasis on research and development encourages students to contribute to groundbreaking projects that shape the future of air and space travel.

Investing in an Aerospace, Aeronautical, and Astronautical Space Engineering Degree from the University of Michigan – Ann Arbor is not just about securing a job; it's about building a career that makes a difference. With cutting-edge research opportunities, a collaborative learning environment, and a strong emphasis on entrepreneurship, students are empowered to become leaders in the aerospace industry.

In conclusion, the University of Michigan’s Aerospace Engineering program offers a compelling return on investment, providing students with the skills, experience, and connections needed to thrive in a dynamic field. Take the first step towards a rewarding future in aerospace – explore your educational opportunities 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.

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