Computer Engineering Degree from Illinois Institute of Technology Return on Investment

See what the return on investment is for jobs that someone with a Computer Engineering degree from Illinois Institute of Technology is likely to work in.

F D C B A
Approximate Total Payment $260,080
Approximate Total Interest $73,611
Monthly Payment $1806.11
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 computer engineering from illinois institute of technology

Computer hardware engineers

Projection Rating: B-

Median Annual Wage: $138,080

Percentage of Paycheck to Repay: 15.70%-11.68%

Employment Change: 6.1%

Entry-Level Education: Bachelor's degree

Software developers

Projection Rating: B-

Median Annual Wage: $132,270

Percentage of Paycheck to Repay: 16.39%-12.19%

Employment Change: 303.7%

Entry-Level Education: Bachelor's degree

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Investing in a Computer Engineering degree from the Illinois Institute of Technology (IIT) can yield significant returns, both financially and professionally. As one of the leading institutions in the field, IIT equips students with the skills and knowledge necessary to excel in a rapidly evolving technology landscape.

Graduates of the Computer Engineering program benefit from a robust curriculum that combines theoretical foundations with practical applications. This comprehensive education prepares students for careers in various high-demand sectors, including software development, hardware engineering, and systems integration. With a degree from IIT, alumni find themselves well-positioned for lucrative job opportunities, often commanding competitive salaries right out of college.

According to recent data, IIT graduates in Computer Engineering see a substantial salary increase compared to their peers from other institutions. Many alumni report starting salaries well above the national average, with numerous opportunities for advancement that lead to even higher earnings over time. This impressive return on investment reflects the quality of education and the strong reputation of the Illinois Institute of Technology.

Moreover, IIT’s extensive network of industry connections provides students with invaluable internship and job placement opportunities. Engaging with leading companies during their studies not only enhances learning but also significantly increases employability upon graduation. The hands-on experience gained through internships can lead to full-time positions, further amplifying the return on investment for students.

In addition to financial benefits, a Computer Engineering degree from IIT fosters critical thinking, problem-solving abilities, and innovative design skills, all of which are highly sought after in today’s job market. Graduates are equipped to tackle complex challenges, making them valuable assets to any organization.

Overall, the return on investment for a Computer Engineering degree from the Illinois Institute of Technology is not just measured in salary but also in the quality of education, career opportunities, and personal growth. By choosing IIT, students are making a strategic decision that can lead to a successful and fulfilling career in technology.

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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