Electrical and Electronics Engineering Degree from University of Southern Maine Return on Investment

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

F D C B A
Approximate Total Payment $111,366
Approximate Total Interest $31,520
Monthly Payment $773.37
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 southern maine

Electrical engineers

Projection Rating: A-

Median Annual Wage: $106,950

Percentage of Paycheck to Repay: 8.68%-6.46%

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: 7.79%-5.79%

Employment Change: 8.9%

Entry-Level Education: Bachelor's degree

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When considering an Electrical and Electronics Engineering degree, one of the most crucial factors to evaluate is the return on investment (ROI). The University of Southern Maine (USM) offers a comprehensive program that equips students with the skills and knowledge necessary to thrive in a rapidly evolving field. With a focus on practical experience and cutting-edge technology, USM ensures that graduates are well-prepared to meet the demands of employers.

Investing in an Electrical and Electronics Engineering degree from USM can lead to lucrative career opportunities. Graduates often find positions in various industries, including telecommunications, renewable energy, and automation, where they can expect competitive salaries. According to recent statistics, the average starting salary for engineering graduates is significantly higher than the national average for other degrees, highlighting the financial benefits of this educational path.

Additionally, the University of Southern Maine has established strong connections with industry leaders, providing students with invaluable networking opportunities and internships that can further enhance their employability. This real-world experience not only enriches the educational experience but also helps graduates make a smooth transition from academia to the workforce.

Furthermore, USM’s Electrical and Electronics Engineering program emphasizes sustainability and innovation, preparing students to tackle contemporary challenges in the energy sector and beyond. As global demand for skilled engineers continues to rise, those who graduate from USM will be positioned to seize opportunities in emerging technologies and sustainable solutions.

In summary, pursuing an Electrical and Electronics Engineering degree from the University of Southern Maine represents a wise investment in your future. With strong earning potential, practical experience, and a focus on innovative solutions, graduates can expect a favorable return on their educational investment. Explore your options today and take the first step toward a rewarding career in engineering!

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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