Electrical and Electronics Engineering Degree from University of Maryland – Baltimore County Return on Investment

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

F D C B A
Approximate Total Payment $110,649
Approximate Total Interest $31,318
Monthly Payment $768.40
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 maryland - baltimore county

Electrical engineers

Projection Rating: A-

Median Annual Wage: $106,950

Percentage of Paycheck to Repay: 8.62%-6.42%

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: 7.74%-5.76%

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 Maryland – Baltimore County (UMBC) offers a substantial return on investment (ROI) for aspiring engineers. With the demand for skilled engineers on the rise, graduates from UMBC are well-positioned to enter a dynamic job market that values technical expertise and innovative problem-solving skills.

The program equips students with a comprehensive understanding of both electrical and electronics engineering principles, preparing them for diverse career paths in industries such as telecommunications, robotics, and renewable energy. UMBC's strong connections with industry leaders provide students with valuable internship opportunities, enhancing their practical experience and employability upon graduation.

Moreover, the average starting salary for electrical and electronics engineering graduates is notably competitive. According to recent data, graduates can expect to earn a salary that significantly exceeds the national average for all bachelor’s degree holders. This financial advantage, combined with the low tuition costs at UMBC, results in a favorable ROI that makes this degree a smart investment.

Additionally, UMBC's commitment to research and innovation allows students to engage in cutting-edge projects that further enhance their skills and marketability. By choosing UMBC for your Electrical and Electronics Engineering degree, you are not only investing in your education but also securing a promising future in a field that is critical to technological advancement.

In summary, the Electrical and Electronics Engineering degree from the University of Maryland – Baltimore County provides students with the necessary tools to thrive in a competitive job market, ensuring a strong return on investment that pays dividends throughout their 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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