Computer Engineering Degree from Southern Illinois University – Carbondale Return on Investment

See what the return on investment is for jobs that someone with a Computer Engineering degree from Southern Illinois University – Carbondale is likely to work in.

F D C B A
Approximate Total Payment $126,606
Approximate Total Interest $35,834
Monthly Payment $879.21
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 southern illinois university - carbondale

Computer hardware engineers

Projection Rating: A-

Median Annual Wage: $138,080

Percentage of Paycheck to Repay: 7.64%-5.69%

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: 7.98%-5.94%

Employment Change: 303.7%

Entry-Level Education: Bachelor's degree

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When considering a Computer Engineering degree, one of the most crucial factors to evaluate is the return on investment (ROI). Southern Illinois University Carbondale (SIUC) offers a robust Computer Engineering program that not only prepares students for a dynamic career in technology but also provides significant financial benefits.

The ROI of a Computer Engineering degree from SIUC is reflected in the impressive starting salaries of graduates. According to recent statistics, alumni of the program have reported starting salaries that are highly competitive within the industry. This financial advantage stems from the university's strong emphasis on practical learning, hands-on experience, and industry partnerships that enhance job placement opportunities.

Moreover, the job market for computer engineers is projected to grow significantly in the coming years. With the increasing demand for technology solutions, graduates from SIUC are well-positioned to secure lucrative positions in various sectors, including software development, cybersecurity, and systems engineering. This demand translates into not only higher salaries but also job stability and career advancement opportunities.

Additionally, SIUC offers various scholarships, financial aid options, and resources that can help reduce the overall cost of education, further improving the ROI. Investing in a Computer Engineering degree at Southern Illinois University Carbondale is not just a step toward academic achievement; it’s a strategic move toward a successful and financially rewarding career.

In conclusion, choosing to pursue a Computer Engineering degree at SIUC offers an exceptional return on investment. With a solid education, strong industry connections, and a high demand for skilled professionals, students can expect to see significant financial rewards both in the short and long term.

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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