Engineering Degree from Oberlin College Return on Investment

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

F D C B A
Approximate Total Payment $312,926
Approximate Total Interest $88,569
Monthly Payment $2173.10
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 oberlin college

Engineers, all other

Projection Rating: C

Median Annual Wage: $111,970

Percentage of Paycheck to Repay: 23.29%-17.33%

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: 35.48%-26.40%

Employment Change: 3.1%

Entry-Level Education: Associate's degree

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Investing in your education is one of the most significant decisions you will make, and a degree in engineering from Oberlin College offers a compelling return on investment (ROI). Known for its rigorous academic programs and strong emphasis on interdisciplinary learning, Oberlin College prepares students not only with technical skills but also with critical thinking and problem-solving abilities that are essential in today’s job market.

When evaluating the ROI of an engineering degree from Oberlin, consider several key factors:

  • High Employment Rates: Graduates from Oberlin College often enjoy high employment rates due to the college's strong network and reputation among employers in the engineering sector.
  • Competitive Salaries: Engineering graduates typically command competitive salaries. The skills acquired during your studies translate into lucrative job offers, often exceeding the average starting salaries in other fields.
  • Interdisciplinary Approach: Oberlin’s unique curriculum encourages students to explore multiple disciplines. This well-rounded education not only enhances employability but also fosters innovation and adaptability in various engineering fields.
  • Strong Alumni Network: Oberlin College boasts a robust alumni network that can provide mentorship, networking opportunities, and job placements for recent graduates.
  • Research Opportunities: Engaging in research while studying can significantly enhance your resume. Oberlin College offers numerous opportunities for undergraduate research, allowing students to gain practical experience and make valuable industry connections.

In conclusion, pursuing an engineering degree at Oberlin College is an investment in your future. With a combination of high employment rates, competitive salaries, and a strong alumni network, the ROI on your education is substantial. As you consider your options, remember that the skills and connections you gain at Oberlin can propel you into a successful 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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