Electrical and Electronics Engineering Degree from Minnesota State University – Mankato Return on Investment

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

F D C B A
Approximate Total Payment $87,522
Approximate Total Interest $24,772
Monthly Payment $607.79
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 minnesota state university - mankato

Electrical engineers

Projection Rating: A-

Median Annual Wage: $106,950

Percentage of Paycheck to Repay: 6.82%-5.07%

Employment Change: 17.2%

Entry-Level Education: Bachelor's degree

Electronics engineers, except computer

Projection Rating: A-

Median Annual Wage: $119,200

Percentage of Paycheck to Repay: 6.12%-4.55%

Employment Change: 8.9%

Entry-Level Education: Bachelor's degree

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

If you're considering pursuing an Electrical and Electronics Engineering degree, Minnesota State University – Mankato offers a robust program that not only equips students with essential skills but also provides a significant return on investment (ROI). Graduates from this esteemed institution benefit from high employability rates and competitive salaries in a rapidly growing job market.

The Electrical and Electronics Engineering program at Minnesota State University – Mankato is designed to prepare students for successful careers in various sectors, including telecommunications, robotics, and renewable energy. With a curriculum that emphasizes both theoretical knowledge and practical application, students gain hands-on experience through innovative labs and industry partnerships.

One of the key factors contributing to the strong ROI of this degree is the university’s commitment to fostering relationships with local and national employers. Many students secure internships and co-op positions that not only enhance their learning experience but also often lead to job offers upon graduation. This network of industry connections helps graduates transition smoothly into the workforce.

Moreover, the demand for skilled engineers is on the rise, with the U.S. Bureau of Labor Statistics projecting significant job growth in electrical and electronics engineering roles over the next decade. Graduates from Minnesota State University – Mankato can expect to enter a lucrative job market with an average starting salary that reflects the value of their education.

Investing in an Electrical and Electronics Engineering degree from Minnesota State University – Mankato is not just an academic decision; it’s a strategic financial choice. With a strong curriculum, excellent job placement rates, and a growing demand for engineers, you can rest assured that your investment in education will pay dividends in your career.

Explore your potential and discover how an Electrical and Electronics Engineering degree from Minnesota State University – Mankato can be the key to your successful future.

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!