Electrical and Electronics Engineering Degree from University of Massachusetts – Amherst Return on Investment

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

F D C B A
Approximate Total Payment $132,163
Approximate Total Interest $37,407
Monthly Payment $917.80
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 massachusetts - amherst

Electrical engineers

Projection Rating: B+

Median Annual Wage: $106,950

Percentage of Paycheck to Repay: 10.30%-7.66%

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: 9.24%-6.88%

Employment Change: 8.9%

Entry-Level Education: Bachelor's degree

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The Electrical and Electronics Engineering degree from the University of Massachusetts – Amherst is more than just a qualification; it’s a strategic investment in your future. With the demand for skilled engineers at an all-time high, graduates from UMass Amherst can expect a significant return on their educational investment.

UMass Amherst is renowned for its rigorous curriculum and state-of-the-art facilities, providing students with hands-on experience that employers crave. The program not only equips students with theoretical knowledge but also emphasizes practical skills through labs and projects, ensuring graduates are job-ready.

According to recent statistics, graduates holding an Electrical and Electronics Engineering degree from UMass Amherst enjoy competitive salaries that often exceed the national average. With entry-level positions starting in the high $60,000s and potential for rapid advancement into six-figure salaries, the financial benefits of this degree are clear.

Moreover, UMass Amherst boasts a strong alumni network and industry connections, which can play a crucial role in job placement and career advancement. The university’s career services are designed to help students navigate the job market effectively, providing valuable resources, internship opportunities, and networking events.

When considering the return on investment (ROI) for an Electrical and Electronics Engineering degree, it's important to factor in not just immediate earnings, but long-term career growth and job stability. The STEM fields, particularly engineering, are known for their resilience in economic downturns, making this degree a smart choice for future-proofing your career.

In summary, pursuing an Electrical and Electronics Engineering degree from the University of Massachusetts – Amherst is a wise investment that promises not only substantial financial returns but also a fulfilling career path in a dynamic and evolving industry. Start your journey today and unlock the potential for success!

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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