Computational and Applied Mathematics Degree from Colorado School of Mines Return on Investment

See what the return on investment is for jobs that someone with a Computational and Applied Mathematics degree from Colorado School of Mines is likely to work in.

F D C B A
Approximate Total Payment $152,068
Approximate Total Interest $43,040
Monthly Payment $1056.03
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 computational and applied mathematics from colorado school of mines

Mathematicians

Projection Rating: B-

Median Annual Wage: $116,440

Percentage of Paycheck to Repay: 16.32%-12.15%

Employment Change: 0.1%

Entry-Level Education: Master's degree

Data scientists

Projection Rating: B+

Median Annual Wage: $108,020

Percentage of Paycheck to Repay: 11.73%-8.73%

Employment Change: 73.1%

Entry-Level Education: Bachelor's degree

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The value of a degree in Computational and Applied Mathematics from the Colorado School of Mines extends far beyond the classroom. This program equips students with the analytical skills and technical expertise necessary to excel in various high-demand industries, including engineering, data science, finance, and technology.

Investing in a Computational and Applied Mathematics degree offers one of the most promising returns on investment (ROI) in today’s job market. Graduates from Mines benefit from a robust curriculum that integrates rigorous mathematical theory with practical applications. This combination prepares them for lucrative careers, often leading to starting salaries that significantly exceed the national average.

Moreover, the Colorado School of Mines has established strong connections with industry leaders, providing students with invaluable networking opportunities and access to internships that can further enhance their career prospects. Employers recognize the quality of education at Mines, which is reflected in the high employment rates for graduates and their ability to command competitive salaries.

In addition to financial benefits, a degree in Computational and Applied Mathematics fosters critical thinking, problem-solving skills, and the ability to work with complex data sets. These skills are increasingly sought after in a world driven by technology and data analytics, making graduates highly desirable in the job market.

Considering the potential for career advancement and the diverse range of roles available, a degree from the Colorado School of Mines not only paves the way for immediate job opportunities but also sets the foundation for long-term career growth. When weighing the cost of education against future earning potential, the ROI of a Computational and Applied Mathematics degree is compelling.

In summary, pursuing a Computational and Applied Mathematics degree from the Colorado School of Mines is a smart investment in your future. With strong career prospects, competitive salaries, and a respected educational background, graduates are well-equipped to thrive in an ever-evolving professional 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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