Chemical Engineering Degree from Rowan University Return on Investment

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

F D C B A
Approximate Total Payment $127,796
Approximate Total Interest $36,171
Monthly Payment $887.47
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 rowan university

Chemical engineers

Projection Rating: A-

Median Annual Wage: $112,100

Percentage of Paycheck to Repay: 9.50%-7.07%

Employment Change: 2.1%

Entry-Level Education: Bachelor's degree

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When considering a Chemical Engineering degree from Rowan University, one of the most important factors to evaluate is the return on investment (ROI). This degree not only equips students with essential engineering skills but also opens doors to lucrative career opportunities in various industries, including pharmaceuticals, energy, and manufacturing.

Rowan University is renowned for its robust chemical engineering program, which combines rigorous academic training with practical, hands-on experience. Graduates are well-prepared to tackle real-world challenges, making them highly sought after by employers. With a degree from Rowan, students benefit from a strong network of alumni, industry connections, and career services that enhance job placement rates.

The ROI of a Chemical Engineering degree from Rowan University is reflected in the potential salary outcomes. According to recent data, chemical engineering graduates can expect starting salaries significantly above the national average. As they gain experience, these salaries can increase even further, positioning graduates for financial stability and growth.

Additionally, the demand for chemical engineers continues to rise, driven by advancements in technology and the need for sustainable practices across various sectors. This demand translates to greater job security and opportunities for career advancement, further enhancing the long-term ROI of a degree from Rowan.

Investing in a Chemical Engineering degree from Rowan University not only provides a solid educational foundation but also promises extensive career opportunities and a strong return on investment. With the combination of quality education, practical experience, and high earning potential, students can feel confident in their decision to pursue this degree.

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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