Engineering Degree from Embry – Riddle Aeronautical University – Daytona Beach Return on Investment

See what the return on investment is for jobs that someone with a Engineering degree from Embry – Riddle Aeronautical University – Daytona Beach is likely to work in.

F D C B A
Approximate Total Payment $235,076
Approximate Total Interest $66,535
Monthly Payment $1632.48
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 engineering from embry - riddle aeronautical university - daytona beach

Engineers, all other

Projection Rating: B-

Median Annual Wage: $111,970

Percentage of Paycheck to Repay: 17.50%-13.02%

Employment Change: 8%

Entry-Level Education: Bachelor's degree

Engineering technologists and technicians, except drafters, all other

Projection Rating: C-

Median Annual Wage: $73,500

Percentage of Paycheck to Repay: 26.65%-19.83%

Employment Change: 3.1%

Entry-Level Education: Associate's degree

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When considering an engineering degree, the return on investment (ROI) is a crucial factor for prospective students. Embry-Riddle Aeronautical University in Daytona Beach offers a premier engineering program that not only equips students with the necessary technical skills but also provides significant long-term financial benefits.

The engineering curriculum at Embry-Riddle is designed to meet the demands of the aerospace and aviation industries, ensuring graduates are highly sought after by employers. With a strong emphasis on hands-on learning and real-world applications, students gain practical experience that enhances their employability upon graduation.

Graduates of Embry-Riddle's engineering programs often find themselves in lucrative positions within top companies in the aerospace, automotive, and technology sectors. According to recent data, the average salary for an engineering graduate from Embry-Riddle is significantly higher than the national average for similar degrees, showcasing a robust ROI.

Furthermore, Embry-Riddle's strong industry connections and comprehensive career services provide students with networking opportunities that can lead to internships and job placements even before they graduate. This proactive approach to career readiness not only accelerates the job search process but also increases the likelihood of securing high-paying positions right out of college.

In addition to immediate financial gains, an engineering degree from Embry-Riddle opens doors to advanced career paths and leadership roles. Many alumni have gone on to earn advanced degrees and achieve positions that offer even greater compensation, illustrating the long-term value of their initial investment in education.

In conclusion, pursuing an engineering degree from Embry-Riddle Aeronautical University in Daytona Beach is a strategic investment in your future. With its exceptional academic programs, high potential for job placement, and impressive salary outcomes, students can expect a favorable return on their educational investment. Choosing Embry-Riddle means choosing a future filled with opportunities and success in the ever-evolving field of 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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