Engineering Degree from Jackson College Return on Investment

See what the return on investment is for jobs that someone with a Engineering degree from Jackson College is likely to work in.

F D C B A
Approximate Total Payment $59,785
Approximate Total Interest $16,921
Monthly Payment $415.18
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 jackson college

Engineers, all other

Projection Rating: A

Median Annual Wage: $111,970

Percentage of Paycheck to Repay: 4.45%-3.31%

Employment Change: 8%

Entry-Level Education: Bachelor's degree

Engineering technologists and technicians, except drafters, all other

Projection Rating: A-

Median Annual Wage: $73,500

Percentage of Paycheck to Repay: 6.78%-5.04%

Employment Change: 3.1%

Entry-Level Education: Associate's degree

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When considering an Engineering degree from Jackson College, it's essential to evaluate the return on investment (ROI) it offers. An engineering degree is not just an academic credential; it’s a strategic move towards a prosperous and fulfilling career. With increasing demand for skilled engineers in various industries, graduates from Jackson College find themselves well-positioned in the job market.

The ROI of an Engineering degree from Jackson College can be quantified through several key factors:

  • Job Placement Rates: Jackson College boasts impressive job placement rates for engineering graduates. The institution's strong connections with local industries facilitate internships and employment opportunities, allowing students to transition smoothly from education to the workforce.
  • Average Starting Salaries: Graduates from Jackson College can expect competitive starting salaries in their respective fields. According to recent data, engineering graduates often earn significantly higher than the national average for college graduates, making the financial commitment to an engineering degree worthwhile.
  • Industry Partnerships: The college's partnerships with leading companies provide students with hands-on experience and networking opportunities. These connections can lead to high-paying jobs immediately after graduation, further enhancing the ROI.
  • Cost of Education: Jackson College offers a cost-effective education compared to traditional four-year universities. By pursuing an engineering degree here, students can minimize student debt while still receiving a quality education.

In conclusion, investing in an Engineering degree from Jackson College is a decision that pays dividends in both career advancement and financial stability. With a combination of robust job placement rates, competitive salaries, and industry connections, students can confidently embark on their engineering journey, knowing that their investment will yield significant returns.

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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