Engineering Degree from Northeastern University Return on Investment

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

F D C B A
Approximate Total Payment $292,401
Approximate Total Interest $82,759
Monthly Payment $2030.56
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 northeastern university

Engineers, all other

Projection Rating: C+

Median Annual Wage: $111,970

Percentage of Paycheck to Repay: 21.76%-16.19%

Employment Change: 8%

Entry-Level Education: Bachelor's degree

Engineering technologists and technicians, except drafters, all other

Projection Rating: D

Median Annual Wage: $73,500

Percentage of Paycheck to Repay: 33.15%-24.67%

Employment Change: 3.1%

Entry-Level Education: Associate's degree

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Investing in an engineering degree from Northeastern University is not just about gaining knowledge; it's about securing a lucrative future. With a strong emphasis on experiential learning, Northeastern's programs are designed to equip students with the skills and real-world experience necessary to thrive in the competitive engineering landscape.

The return on investment (ROI) for an engineering degree from Northeastern is compelling. Graduates often see significant salary increases post-graduation, thanks to the university's robust co-op program that provides hands-on experience and valuable industry connections. Northeastern's engineering alumni report an average starting salary that is well above the national average, reflecting the high demand for skilled engineers in today’s job market.

Moreover, Northeastern's location in Boston—a hub for technology and innovation—provides students with unparalleled access to leading companies and cutting-edge projects. This proximity not only enhances learning opportunities but also boosts employability, as many co-op placements turn into full-time job offers.

In addition to immediate financial benefits, an engineering degree from Northeastern serves as a long-term investment in your career. The skills acquired during your studies, combined with the university's strong reputation, can lead to advanced career opportunities and higher earning potential over time. Employers recognize the quality of education and the preparedness of Northeastern graduates, making them desirable candidates in the job market.

Ultimately, choosing to pursue an engineering degree at Northeastern University is a strategic decision that promises substantial returns—both financially and professionally. With a commitment to innovation and excellence, Northeastern prepares its students to become leaders in engineering, ensuring that their investment pays off for years to come.

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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