Engineering Degree from Ohio Northern University Return on Investment

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

F D C B A
Approximate Total Payment $256,993
Approximate Total Interest $72,738
Monthly Payment $1784.68
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 ohio northern university

Engineers, all other

Projection Rating: B-

Median Annual Wage: $111,970

Percentage of Paycheck to Repay: 19.13%-14.23%

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: 29.14%-21.68%

Employment Change: 3.1%

Entry-Level Education: Associate's degree

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When considering the value of an engineering degree, the return on investment (ROI) is a critical factor for prospective students. Ohio Northern University (ONU) stands out as a premier institution offering a comprehensive engineering program that not only equips students with technical skills but also enhances career prospects.

The ROI of an engineering degree from Ohio Northern University is exceptionally promising. Graduates of ONU's engineering programs have a strong track record of securing well-paying jobs shortly after graduation. The university’s emphasis on hands-on learning, coupled with robust industry connections, means that students gain practical experience that is highly valued by employers.

According to recent statistics, ONU engineering graduates enjoy competitive starting salaries that often exceed the national average for engineering roles. This financial advantage, combined with the relatively low cost of tuition at ONU, results in a favorable ROI when compared to other institutions.

In addition to financial benefits, an engineering degree from ONU offers students the chance to develop critical thinking, problem-solving, and teamwork skills, all of which are essential in today’s job market. The university’s commitment to innovation and excellence prepares graduates to excel in various engineering fields, including mechanical, civil, electrical, and chemical engineering.

Furthermore, ONU provides extensive career services, including internships, job placement assistance, and networking opportunities, which further enhance the potential return on investment. Many students find internships that lead directly to full-time employment, making the transition from education to career smooth and efficient.

In summary, pursuing an engineering degree from Ohio Northern University not only promises a solid educational foundation but also offers a substantial return on investment. With a combination of strong academic programs, high starting salaries, and valuable career support, ONU positions its graduates for success in the engineering workforce.

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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