Computer Engineering Degree from New Jersey Institute of Technology Return on Investment

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

F D C B A
Approximate Total Payment $142,340
Approximate Total Interest $40,287
Monthly Payment $988.47
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 new jersey institute of technology

Computer hardware engineers

Projection Rating: A-

Median Annual Wage: $138,080

Percentage of Paycheck to Repay: 8.59%-6.39%

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: 8.97%-6.67%

Employment Change: 303.7%

Entry-Level Education: Bachelor's degree

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Investing in a Computer Engineering degree from the New Jersey Institute of Technology (NJIT) is a strategic decision for aspiring engineers. With a robust curriculum that combines theoretical knowledge and practical skills, NJIT prepares graduates for the rapidly evolving tech landscape. But what about the return on investment (ROI)?

Graduates of NJIT's Computer Engineering program are equipped with in-demand skills that make them highly competitive in the job market. According to recent data, the average starting salary for NJIT Computer Engineering graduates exceeds the national average for engineering disciplines. This strong earning potential translates to a significant ROI within just a few years of graduation.

Furthermore, NJIT's extensive network of industry connections and partnerships with leading tech companies provide students with valuable internship opportunities. These experiences not only enhance learning but also often lead to job offers post-graduation, further boosting ROI.

The university also offers resources such as career counseling, resume workshops, and networking events, ensuring that students are well-prepared to enter the workforce. With a focus on innovation and entrepreneurship, NJIT encourages students to develop their projects and ideas, which can lead to lucrative career paths in software development, hardware design, and more.

In addition to financial benefits, a degree from NJIT opens doors to a fulfilling career in one of the most exciting fields today. The Computer Engineering program emphasizes problem-solving and critical thinking, skills that are essential in any engineering role. Graduates can expect not only to find jobs but to embark on rewarding careers that contribute to advancements in technology.

In summary, pursuing a Computer Engineering degree from the New Jersey Institute of Technology yields a promising return on investment. With strong earning potential, valuable industry connections, and a comprehensive education, NJIT graduates are well-positioned to thrive in the competitive tech 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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