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

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

F D C B A
Approximate Total Payment $104,346
Approximate Total Interest $29,533
Monthly Payment $724.62
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 iowa

Electrical engineers

Projection Rating: A-

Median Annual Wage: $106,950

Percentage of Paycheck to Repay: 8.13%-6.05%

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: 7.29%-5.43%

Employment Change: 8.9%

Entry-Level Education: Bachelor's degree

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The Electrical and Electronics Engineering degree from the University of Iowa offers an impressive return on investment (ROI) for students aiming to excel in the rapidly evolving field of engineering. With a strong curriculum that combines theoretical knowledge and practical application, graduates are well-prepared to meet the demands of the job market.

One of the key factors contributing to the high ROI of this program is the University of Iowa's robust industry connections. Students benefit from internships and co-op opportunities that provide real-world experience, enhancing their employability upon graduation. Additionally, the university's dedicated faculty and state-of-the-art facilities ensure that students receive a top-notch education that is both comprehensive and cutting-edge.

Graduates of the Electrical and Electronics Engineering program can expect competitive salaries that reflect the high demand for skilled engineers in various sectors, including telecommunications, renewable energy, and robotics. According to recent statistics, alumni report starting salaries significantly above the national average for engineering graduates, underscoring the financial benefits of earning this degree.

Furthermore, the University of Iowa's strong alumni network provides ongoing support and career advancement opportunities, helping graduates navigate their professional journeys effectively. The combination of quality education, practical experience, and strong industry ties makes the Electrical and Electronics Engineering degree from the University of Iowa a wise investment in your future.

In conclusion, choosing to pursue an Electrical and Electronics Engineering degree at the University of Iowa not only equips you with essential skills and knowledge but also offers a substantial return on investment through high starting salaries, practical experience, and a supportive professional network. Take the first step towards a rewarding career in engineering today!

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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