Chemical Engineering Degree from Lehigh University Return on Investment

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

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Approximate Total Payment $287,670
Approximate Total Interest $81,420
Monthly Payment $1997.71
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 chemical engineering from lehigh university

Chemical engineers

Projection Rating: C+

Median Annual Wage: $112,100

Percentage of Paycheck to Repay: 21.38%-15.91%

Employment Change: 2.1%

Entry-Level Education: Bachelor's degree

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The pursuit of a Chemical Engineering degree from Lehigh University is not just an academic endeavor; it's a strategic investment in your future. With a strong emphasis on innovation and real-world applications, Lehigh's program equips students with the skills needed to excel in a competitive job market.

When considering the return on investment (ROI) of a Chemical Engineering degree, it's essential to evaluate various factors. Graduates from Lehigh University often secure positions in high-demand industries, ranging from pharmaceuticals to energy, where they can command impressive starting salaries. According to recent statistics, the average starting salary for chemical engineering graduates is significantly above the national average, providing a solid financial foundation for recent alumni.

Moreover, Lehigh's extensive alumni network and industry connections facilitate internships and job placements, further enhancing the ROI. The university's commitment to research and development also means that students gain hands-on experience with cutting-edge technologies, making them highly attractive to employers.

In addition to financial benefits, a Chemical Engineering degree from Lehigh fosters critical thinking, problem-solving, and leadership skills that are invaluable in any career path. This holistic education approach ensures that graduates are not only prepared for immediate job opportunities but also for long-term career advancement.

Ultimately, the ROI of a Chemical Engineering degree from Lehigh University extends beyond monetary gains. It encompasses personal growth, professional development, and the potential to make a significant impact in various sectors. Choosing Lehigh is choosing a future filled with opportunities and possibilities.

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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