Chemical Engineering Degree from University of Illinois at Chicago Return on Investment

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

F D C B A
Approximate Total Payment $126,812
Approximate Total Interest $35,892
Monthly Payment $880.64
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 university of illinois at chicago

Chemical engineers

Projection Rating: A-

Median Annual Wage: $112,100

Percentage of Paycheck to Repay: 9.43%-7.01%

Employment Change: 2.1%

Entry-Level Education: Bachelor's degree

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The Chemical Engineering Degree from the University of Illinois at Chicago offers a remarkable return on investment (ROI) for students seeking a lucrative and fulfilling career. UIC's program is designed to equip graduates with a robust foundation in chemical engineering principles, advanced problem-solving skills, and practical experience that is highly valued in the job market.

According to recent data, graduates from UIC's Chemical Engineering program experience a significant salary boost upon entering the workforce. The average starting salary for UIC chemical engineering graduates is competitive, reflecting the high demand for skilled engineers in various industries, including pharmaceuticals, energy, and environmental engineering.

Moreover, UIC's strategic location in Chicago provides students with unparalleled access to leading companies and internship opportunities. This proximity not only enhances hands-on learning experiences but also facilitates networking with industry professionals, further increasing job placement rates and career advancement potential.

In addition to strong salary prospects, the University of Illinois at Chicago invests in its students' futures through comprehensive career services and support. These resources help students navigate their career paths, from resume building to interview preparation, ensuring they are well-prepared to enter the competitive job market.

Furthermore, the value of a Chemical Engineering degree extends beyond immediate financial returns. Graduates are equipped with critical thinking skills, technical expertise, and leadership capabilities that open doors to a variety of roles in research, development, and management.

In conclusion, pursuing a Chemical Engineering Degree from the University of Illinois at Chicago not only leads to a strong financial return on investment but also paves the way for a rewarding career in a dynamic and essential field. With a combination of rigorous academics, real-world experience, and robust career support, UIC prepares its graduates to excel in an ever-evolving global landscape.

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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