Electrical, Electronic, and Communications Engineering Technology, Technician Degree from Michigan Technological University Return on Investment

See what the return on investment is for jobs that someone with a Electrical, Electronic, and Communications Engineering Technology, Technician degree from Michigan Technological University is likely to work in.

F D C B A
Approximate Total Payment $127,892
Approximate Total Interest $36,198
Monthly Payment $888.14
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, electronic, and communications engineering technology, technician from michigan technological university

Electrical and electronic engineering technologists and technicians

Projection Rating: B

Median Annual Wage: $72,800

Percentage of Paycheck to Repay: 14.64%-10.89%

Employment Change: 3%

Entry-Level Education: Associate's degree

Electronics engineers, except computer

Projection Rating: A-

Median Annual Wage: $119,200

Percentage of Paycheck to Repay: 8.94%-6.65%

Employment Change: 8.9%

Entry-Level Education: Bachelor's degree

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Investing in your education is a crucial decision, and pursuing a degree in Electrical, Electronic, and Communications Engineering Technology at Michigan Technological University offers a promising return on investment (ROI). This program equips students with the technical skills and knowledge necessary to thrive in a rapidly evolving technological landscape.

Graduates of this program emerge with a comprehensive understanding of electrical systems, electronic devices, and communication technologies. With the increasing demand for skilled professionals in these fields, Michigan Tech graduates are well-positioned to secure rewarding careers. The university's strong industry connections and hands-on learning experiences provide students with valuable networking opportunities, enhancing their employability.

According to recent data, alumni from the Electrical, Electronic, and Communications Engineering Technology program at Michigan Technological University report competitive starting salaries. The combination of rigorous coursework and practical training ensures that students are job-ready upon graduation, leading to faster career advancement and higher earning potential over time.

Moreover, Michigan Tech is renowned for its commitment to innovation and research, allowing students to engage in cutting-edge projects that further enhance their learning experience. This not only enriches their education but also adds significant value to their resumes, making them attractive candidates in the job market.

In addition to financial benefits, investing in this degree means joining a vibrant community of professionals dedicated to technological advancement. With a focus on sustainable practices and ethical considerations in engineering, graduates are prepared to make a positive impact on society.

In conclusion, pursuing a degree in Electrical, Electronic, and Communications Engineering Technology from Michigan Technological University is not just an investment in education; it is a strategic step towards a successful and fulfilling career. With high ROI potential, strong industry ties, and a commitment to excellence, Michigan Tech provides the foundation for a bright future in the engineering technology sector.

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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