Engineering Degree from Swarthmore College Return on Investment

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

F D C B A
Approximate Total Payment $305,966
Approximate Total Interest $86,599
Monthly Payment $2124.77
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 swarthmore college

Engineers, all other

Projection Rating: C

Median Annual Wage: $111,970

Percentage of Paycheck to Repay: 22.77%-16.94%

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: 34.69%-25.81%

Employment Change: 3.1%

Entry-Level Education: Associate's degree

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When considering higher education, one of the most important factors to evaluate is the return on investment (ROI) of your degree. Swarthmore College, renowned for its rigorous academic programs and commitment to excellence, offers an Engineering degree that stands out in today's competitive job market. But what does this mean for your financial future?

Graduates of Swarthmore's Engineering program not only benefit from a solid educational foundation but also gain access to a vast network of alumni and industry connections. This network can lead to lucrative job opportunities and internships, significantly enhancing your earning potential. According to recent statistics, Swarthmore Engineering graduates report impressive starting salaries that often exceed national averages, providing a strong ROI right after graduation.

Furthermore, the college's strong emphasis on interdisciplinary learning equips students with diverse skills that are highly sought after by employers. By integrating engineering principles with liberal arts education, graduates emerge as well-rounded professionals capable of tackling complex problems across various sectors.

Additionally, Swarthmore's commitment to undergraduate research allows students to engage in hands-on projects, preparing them for real-world challenges and making them more competitive in the job market. The practical experience gained during their studies not only enriches their education but also boosts their resume, making them more attractive to potential employers.

Investing in an Engineering degree from Swarthmore College is not just about the immediate financial benefits; it’s about long-term career growth and the ability to make a meaningful impact. With a strong alumni network, a comprehensive curriculum, and exceptional career support services, Swarthmore graduates are well-positioned to succeed and thrive in their professional endeavors.

In conclusion, the ROI of an Engineering degree from Swarthmore College is substantial. By choosing this esteemed institution, you’re not just investing in your education, but also in your future. Explore the opportunities that await you at Swarthmore and take the first step toward a rewarding 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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