Electrical and Electronics Engineering Degree from Old Dominion University Return on Investment

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

F D C B A
Approximate Total Payment $105,732
Approximate Total Interest $29,926
Monthly Payment $734.25
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 old dominion university

Electrical engineers

Projection Rating: A-

Median Annual Wage: $106,950

Percentage of Paycheck to Repay: 8.24%-6.13%

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: 7.39%-5.50%

Employment Change: 8.9%

Entry-Level Education: Bachelor's degree

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When considering higher education, one of the most crucial factors is the return on investment (ROI) of your degree. At Old Dominion University (ODU), the Electrical and Electronics Engineering degree provides not only a comprehensive education but also a strong financial payoff for graduates.

With the demand for skilled engineers on the rise, ODU’s program equips students with the technical knowledge and practical skills needed to excel in various industries, including telecommunications, robotics, and power systems. Graduates often find lucrative job opportunities, with starting salaries well above the national average.

Investing in an Electrical and Electronics Engineering degree from ODU means more than just acquiring knowledge; it’s about securing your financial future. According to recent statistics, ODU graduates in this field report impressive salary growth within their first few years of employment. Many alumni quickly climb the career ladder, benefiting from ODU’s strong industry connections and internship opportunities that enhance their real-world experience.

Additionally, ODU offers numerous resources to help students succeed, including career counseling, job placement services, and networking events. These resources further enhance the ROI of an ODU education, ensuring that graduates are not only prepared for the workforce but also positioned for long-term career advancement.

In summary, pursuing an Electrical and Electronics Engineering degree from Old Dominion University is a smart investment. With a robust curriculum, excellent career support, and high earning potential, ODU graduates are well-equipped to thrive in a competitive job market, making their degree a valuable asset for years to come.

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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