Engineering Degree from Old Dominion University Return on Investment

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

F D C B A
Approximate Total Payment $105,732
Approximate Total Interest $29,926
Monthly Payment $734.25
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 old dominion university

Engineers, all other

Projection Rating: A-

Median Annual Wage: $111,970

Percentage of Paycheck to Repay: 7.87%-5.86%

Employment Change: 8%

Entry-Level Education: Bachelor's degree

Engineering technologists and technicians, except drafters, all other

Projection Rating: B+

Median Annual Wage: $73,500

Percentage of Paycheck to Repay: 11.99%-8.92%

Employment Change: 3.1%

Entry-Level Education: Associate's degree

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If you're considering an engineering degree, Old Dominion University (ODU) offers a unique opportunity to invest in your future. With a strong emphasis on hands-on learning and industry partnerships, ODU's engineering programs are designed to equip students with the skills and knowledge necessary to thrive in a competitive job market.

One of the most critical factors to consider when pursuing higher education is the return on investment (ROI). An engineering degree from ODU not only opens doors to a variety of career paths but also promises a robust financial return. Graduates of ODU's engineering programs often secure positions with leading companies, thanks to the university's strong connections with industry leaders.

According to recent statistics, engineering graduates from ODU can expect starting salaries that significantly exceed the national average for college graduates. This financial advantage continues to grow as alumni gain experience, with many enjoying lucrative careers in fields such as civil, electrical, and mechanical engineering.

Moreover, ODU prioritizes affordability, providing competitive tuition rates and a variety of financial aid options. This commitment to accessible education means that students can focus on their studies and career preparation without the burden of excessive debt, further enhancing the overall ROI of an engineering degree from ODU.

In addition to financial benefits, the engineering program at ODU emphasizes real-world experience through internships, co-op programs, and capstone projects. These experiences not only enrich your education but also make you more attractive to potential employers, thereby increasing your chances of securing high-paying positions after graduation.

In summary, pursuing an engineering degree from Old Dominion University is a smart investment in your future. With excellent job placement rates, competitive starting salaries, and a strong support system, ODU ensures that your educational journey translates into a rewarding career, making the ROI of your degree truly worthwhile.

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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