Drafting, Design Engineering Technologies Degree from Central Michigan University Return on Investment

See what the return on investment is for jobs that someone with a Drafting, Design Engineering Technologies degree from Central Michigan University is likely to work in.

F D C B A
Approximate Total Payment $110,080
Approximate Total Interest $31,156
Monthly Payment $764.44
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 drafting, design engineering technologies from central michigan university

Drafters, all other

Projection Rating: B-

Median Annual Wage: $59,260

Percentage of Paycheck to Repay: 15.48%-11.52%

Employment Change: -1.1%

Entry-Level Education: Associate's degree

Mechanical drafters

Projection Rating: B

Median Annual Wage: $64,060

Percentage of Paycheck to Repay: 14.32%-10.66%

Employment Change: -2.5%

Entry-Level Education: Associate's degree

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Investing in your education is a crucial step towards a successful career, and a Drafting and Design Engineering Technologies degree from Central Michigan University (CMU) offers a compelling return on investment (ROI). With a curriculum that combines theoretical knowledge and practical skills, graduates are well-prepared to enter a competitive job market.

One of the standout features of CMU's program is its emphasis on hands-on experience. Students engage in real-world projects that enhance their technical abilities and problem-solving skills, making them highly attractive to employers. According to recent surveys, graduates from the Drafting and Design Engineering Technologies program report a high employment rate within six months of graduation, often securing positions with competitive salaries.

Additionally, CMU's strong connections with industry leaders and local businesses provide students with valuable networking opportunities. Internships and cooperative education programs are integral to the curriculum, allowing students to gain relevant experience and build professional relationships that can lead to job offers after graduation.

Financially, the ROI of a degree from CMU is evident not only in the potential starting salaries but also in the long-term career growth. Many graduates progress to higher-level positions, significantly increasing their earning potential over time. The university’s dedicated career services team further assists students in job placement, salary negotiation, and career advancement strategies.

In conclusion, pursuing a Drafting and Design Engineering Technologies degree from Central Michigan University is a wise investment. With a robust educational framework, extensive practical experience, and strong industry ties, students can expect a favorable return on their educational investment, positioning them for a successful and fulfilling career in engineering design.

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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