Civil Engineering Degree from University of Michigan – Ann Arbor Return on Investment

See what the return on investment is for jobs that someone with a Civil 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 civil engineering from university of michigan - ann arbor

Civil engineers

Projection Rating: B+

Median Annual Wage: $95,890

Percentage of Paycheck to Repay: 11.46%-8.53%

Employment Change: 22.1%

Entry-Level Education: Bachelor's degree

Construction managers

Projection Rating: B+

Median Annual Wage: $104,900

Percentage of Paycheck to Repay: 10.47%-7.79%

Employment Change: 47.6%

Entry-Level Education: Bachelor's degree

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Investing in a Civil Engineering degree from the University of Michigan - Ann Arbor is a decision that can yield significant returns, both financially and professionally. With its prestigious reputation, cutting-edge curriculum, and strong industry connections, UMich provides students with the tools they need to excel in the civil engineering field.

Graduates of the Civil Engineering program at the University of Michigan often experience a high return on investment (ROI). The university's strong alumni network and career services facilitate employment opportunities, ensuring that students are well-prepared to enter the workforce upon graduation. According to recent data, civil engineering graduates from UMich report starting salaries that are among the highest in the nation, making this degree a lucrative choice.

The program emphasizes practical experience through internships and co-op opportunities, allowing students to gain hands-on skills that are highly valued by employers. Furthermore, the university's commitment to research and innovation means that students are exposed to the latest developments in the field, enhancing their knowledge and marketability.

In addition to financial benefits, a Civil Engineering degree from UMich opens doors to various career paths, including infrastructure development, environmental consulting, and urban planning. Graduates are equipped to tackle complex challenges, making a positive impact on society through sustainable engineering solutions.

In conclusion, the Civil Engineering degree from the University of Michigan - Ann Arbor offers a compelling return on investment. With excellent job prospects, a robust salary potential, and the opportunity to make a difference in the world, investing in this degree is a wise choice for aspiring engineers.

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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