Electrical and Electronics Engineering Degree from University of Evansville Return on Investment

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

F D C B A
Approximate Total Payment $219,347
Approximate Total Interest $62,083
Monthly Payment $1523.24
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 university of evansville

Electrical engineers

Projection Rating: B-

Median Annual Wage: $106,950

Percentage of Paycheck to Repay: 17.09%-12.72%

Employment Change: 17.2%

Entry-Level Education: Bachelor's degree

Electronics engineers, except computer

Projection Rating: B-

Median Annual Wage: $119,200

Percentage of Paycheck to Repay: 15.33%-11.41%

Employment Change: 8.9%

Entry-Level Education: Bachelor's degree

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The decision to pursue a degree in Electrical and Electronics Engineering at the University of Evansville is not just an academic choice; it's an investment in your future. With a comprehensive curriculum designed to equip students with both theoretical knowledge and practical skills, this program stands out in terms of return on investment (ROI).

Graduates from the University of Evansville's Electrical and Electronics Engineering program often find themselves well-prepared for a variety of high-demand careers. The skills acquired during the program—ranging from circuit design to renewable energy systems—are applicable in numerous industries, including telecommunications, automotive, aerospace, and manufacturing. This versatility enhances employability and potential earnings.

According to recent statistics, graduates in engineering fields, especially those specializing in electrical and electronics, enjoy a significant salary advantage over their peers in other disciplines. Many alumni report starting salaries that exceed the national average for recent graduates, and with experience, these figures can grow substantially. The University of Evansville’s strong industry connections and career services further bolster job placement rates, ensuring that graduates are not only educated but also positioned for success in their chosen fields.

Beyond immediate financial returns, the skills and experiences gained through the program contribute to long-term career growth. As technology continues to evolve, professionals in electrical and electronics engineering are at the forefront of innovation, often taking on leadership roles that lead to increased responsibilities and higher salaries over time.

Investing in an Electrical and Electronics Engineering degree from the University of Evansville means investing in a future filled with opportunities. With a robust education that emphasizes hands-on learning, access to state-of-the-art facilities, and dedicated faculty, students can rest assured that their education will yield substantial returns, both financially and personally.

In summary, a degree in Electrical and Electronics Engineering from the University of Evansville presents a compelling ROI. By choosing this path, students are not just earning a degree; they are laying the foundation for a rewarding career in a field that is critical to the technological advancements of today and tomorrow.

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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