Electrical and Electronics Engineering Degree from University of Illinois at Chicago Return on Investment

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

F D C B A
Approximate Total Payment $126,812
Approximate Total Interest $35,892
Monthly Payment $880.64
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 illinois at chicago

Electrical engineers

Projection Rating: A-

Median Annual Wage: $106,950

Percentage of Paycheck to Repay: 9.88%-7.35%

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: 8.87%-6.60%

Employment Change: 8.9%

Entry-Level Education: Bachelor's degree

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Investing in an Electrical and Electronics Engineering degree from the University of Illinois at Chicago (UIC) can yield substantial returns, both financially and professionally. As industries increasingly rely on advanced technology, the demand for skilled engineers continues to grow. Graduates from UIC's esteemed program are well-prepared to meet this demand, making them highly sought after in the job market.

According to recent data, the average salary for graduates with an Electrical and Electronics Engineering degree is significantly higher than the national average. With a strong emphasis on both theoretical knowledge and practical application, UIC equips its students with the skills needed to excel in various sectors, including telecommunications, renewable energy, and automation.

Moreover, UIC's extensive network of industry connections and internship opportunities positions students for successful careers. Many graduates secure high-paying jobs shortly after graduation, underscoring the program's strong return on investment. Alumni have reported career advancement opportunities that lead to leadership roles, further enhancing their earning potential over time.

In addition to financial benefits, an Electrical and Electronics Engineering degree from UIC opens doors to impactful work in innovative fields. Graduates have the chance to contribute to groundbreaking projects that shape the future of technology and society. By choosing UIC, students not only invest in their careers but also in their ability to make a difference in the world.

Overall, the return on investment for an Electrical and Electronics Engineering degree from the University of Illinois at Chicago is compelling. With strong job prospects, competitive salaries, and the opportunity to engage in transformative work, UIC graduates are well-equipped to thrive in a dynamic and evolving industry.

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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