Electrical and Electronics Engineering Degree from Morgan State University Return on Investment

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

F D C B A
Approximate Total Payment $109,263
Approximate Total Interest $30,925
Monthly Payment $758.77
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 morgan state university

Electrical engineers

Projection Rating: A-

Median Annual Wage: $106,950

Percentage of Paycheck to Repay: 8.51%-6.33%

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: 7.64%-5.68%

Employment Change: 8.9%

Entry-Level Education: Bachelor's degree

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The decision to pursue an Electrical and Electronics Engineering degree from Morgan State University is not just an investment in education; it’s an investment in your future. With a robust curriculum that blends theory and practical application, Morgan State prepares graduates to excel in a dynamic field that continues to grow and innovate.

One of the most significant factors to consider when evaluating the return on investment (ROI) of your degree is the earning potential after graduation. Graduates with an Electrical and Electronics Engineering degree from Morgan State University often find themselves in high-demand positions across various industries, including telecommunications, aerospace, and renewable energy. According to recent data, alumni can expect an impressive starting salary, with many seeing substantial increases as they gain experience.

Additionally, Morgan State’s strong industry connections and internship programs provide students with valuable hands-on experience and networking opportunities, further enhancing employability. The university’s commitment to research and innovation equips students with the skills necessary to tackle real-world challenges, making them attractive candidates for leading companies.

Moreover, the financial investment in a degree from Morgan State is complemented by a supportive educational environment. With access to experienced faculty, state-of-the-art laboratories, and collaborative projects, students are well-prepared to enter the workforce confidently. The university also offers various financial aid options, making it more accessible for prospective students.

In summary, obtaining an Electrical and Electronics Engineering degree from Morgan State University not only offers a solid foundation in engineering principles but also promises a significant return on investment. Graduates emerge ready to contribute to innovative solutions in a thriving industry while enjoying competitive salaries and fulfilling 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.

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