Electrical and Electronics Engineering Degree from University of New Haven Return on Investment

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

F D C B A
Approximate Total Payment $249,076
Approximate Total Interest $70,497
Monthly Payment $1729.69
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 new haven

Electrical engineers

Projection Rating: B-

Median Annual Wage: $106,950

Percentage of Paycheck to Repay: 19.41%-14.44%

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: 17.41%-12.96%

Employment Change: 8.9%

Entry-Level Education: Bachelor's degree

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When considering an Electrical and Electronics Engineering degree from the University of New Haven, one of the most crucial factors to evaluate is the return on investment (ROI). This degree not only equips students with vital technical skills but also opens the door to a plethora of lucrative career opportunities in a rapidly evolving field.

The University of New Haven's program is designed to provide hands-on experience and industry-relevant knowledge, ensuring graduates are well-prepared for the workforce. With state-of-the-art laboratories and access to cutting-edge technology, students gain practical skills that are highly sought after by employers.

Graduates of the Electrical and Electronics Engineering program can expect competitive salaries. According to the Bureau of Labor Statistics, electrical engineers earn a median annual wage significantly higher than the national average. Many of these positions also offer excellent benefits and opportunities for advancement, further enhancing the ROI of the degree.

Moreover, the University of New Haven has strong connections with industry leaders, providing students with networking opportunities, internships, and job placements that can significantly impact their career trajectories. These connections can lead to high-paying positions immediately after graduation, helping to offset tuition costs and maximize the return on your educational investment.

In summary, pursuing an Electrical and Electronics Engineering degree from the University of New Haven not only prepares students for a rewarding career but also delivers a strong return on investment. With a combination of practical experience, industry connections, and the potential for high earnings, this degree stands out as a smart choice for aspiring engineers.

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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