Computer Engineering Degree from Michigan Technological University Return on Investment

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

F D C B A
Approximate Total Payment $127,892
Approximate Total Interest $36,198
Monthly Payment $888.14
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 michigan technological university

Computer hardware engineers

Projection Rating: A-

Median Annual Wage: $138,080

Percentage of Paycheck to Repay: 7.72%-5.74%

Employment Change: 6.1%

Entry-Level Education: Bachelor's degree

Software developers

Projection Rating: A-

Median Annual Wage: $132,270

Percentage of Paycheck to Repay: 8.06%-6.00%

Employment Change: 303.7%

Entry-Level Education: Bachelor's degree

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The decision to pursue a Computer Engineering degree is a significant investment in your future, and Michigan Technological University (MTU) stands out as an exceptional choice. With a robust curriculum, experienced faculty, and state-of-the-art facilities, MTU offers students the knowledge and skills necessary to thrive in the fast-evolving tech landscape.

When evaluating the return on investment (ROI) of a Computer Engineering degree from Michigan Technological University, several key factors come into play. Graduates emerge with a strong foundation in both theoretical concepts and practical applications, making them highly sought after by employers. The university’s strong industry connections and active career services ensure that students have access to internships and job placements, enhancing their employability upon graduation.

According to recent statistics, graduates from MTU’s Computer Engineering program enjoy competitive starting salaries, often above the national average for engineering graduates. This financial advantage, combined with the relatively low cost of tuition at MTU, translates into a favorable ROI for students. Furthermore, the demand for computer engineers continues to rise, with the Bureau of Labor Statistics projecting significant job growth in this field over the next decade.

Additionally, Michigan Technological University’s emphasis on hands-on learning and real-world experience equips students with the tools they need to excel in their careers. Through collaborative projects, research opportunities, and access to cutting-edge technology, students graduate ready to tackle the challenges of the industry, thereby enhancing their long-term earning potential.

In summary, the ROI of a Computer Engineering degree from Michigan Technological University is not only favorable but also promising. By choosing MTU, students invest in a future filled with opportunities, backed by a solid education, strong industry ties, and a commitment to innovation. Make your investment count by enrolling in a program that prepares you for success in the dynamic world of 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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