Electrical and Electronics Engineering Degree from Carnegie Mellon University Return on Investment

See what the return on investment is for jobs that someone with a Electrical and Electronics Engineering degree from Carnegie Mellon University is likely to work in.

F D C B A
Approximate Total Payment $312,618
Approximate Total Interest $88,482
Monthly Payment $2170.96
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 electrical and electronics engineering from carnegie mellon university

Electrical engineers

Projection Rating: C

Median Annual Wage: $106,950

Percentage of Paycheck to Repay: 24.36%-18.13%

Employment Change: 17.2%

Entry-Level Education: Bachelor's degree

Electronics engineers, except computer

Projection Rating: C+

Median Annual Wage: $119,200

Percentage of Paycheck to Repay: 21.86%-16.26%

Employment Change: 8.9%

Entry-Level Education: Bachelor's degree

Don't see the job you're looking for? Click here.

When considering an Electrical and Electronics Engineering degree from Carnegie Mellon University, prospective students often weigh the return on investment (ROI) of their educational choices. CMU, renowned for its cutting-edge curriculum and exceptional faculty, offers a unique opportunity to gain a competitive edge in the ever-evolving tech landscape.

The ROI of an Electrical and Electronics Engineering degree from CMU is impressive, with graduates consistently landing high-paying jobs at top-tier companies. According to recent statistics, CMU engineering graduates enjoy starting salaries that are among the highest in the nation, often exceeding $80,000 annually. This financial benefit is complemented by the university's strong career services program, which helps connect students with internships and job placements.

Additionally, the skills acquired during the program—ranging from circuit design to systems engineering—are in high demand across various industries, including telecommunications, robotics, and renewable energy. This versatility not only enhances employability but also opens doors to exciting career advancements and opportunities for professional growth.

Moreover, the collaborative environment at Carnegie Mellon fosters innovation and entrepreneurship, equipping students with the tools to launch their own ventures or drive change within established organizations. Graduates often report a high level of job satisfaction, which is an essential aspect of overall ROI that goes beyond mere salary figures.

In summary, pursuing an Electrical and Electronics Engineering degree from Carnegie Mellon University represents a sound investment in your future. With high starting salaries, a robust job market, and a comprehensive skill set, graduates can expect a rewarding return on their educational investment that lasts throughout their careers.

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.

Get your personalized projection here!