Engineering Degree from University of Illinois at Chicago Return on Investment

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

F D C B A
Approximate Total Payment $126,812
Approximate Total Interest $35,892
Monthly Payment $880.64
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 university of illinois at chicago

Engineers, all other

Projection Rating: A-

Median Annual Wage: $111,970

Percentage of Paycheck to Repay: 9.44%-7.02%

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: 14.38%-10.70%

Employment Change: 3.1%

Entry-Level Education: Associate's degree

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Investing in an engineering degree from the University of Illinois at Chicago (UIC) is a smart choice for students looking to build a successful career in a rapidly evolving field. With a strong emphasis on practical skills, innovative research, and industry connections, UIC's engineering program offers a substantial return on investment (ROI) for graduates.

According to recent data, UIC engineering graduates experience competitive starting salaries, often surpassing the national average for engineering degrees. By choosing UIC, students not only gain access to top-tier faculty and cutting-edge facilities but also benefit from a robust alumni network that can open doors to numerous career opportunities.

The ROI for an engineering degree from UIC is further enhanced by the university's strategic location in Chicago, a hub for technology and engineering industries. This proximity provides students with unparalleled internship and job opportunities, allowing them to gain real-world experience while still in school. Many graduates secure positions with leading companies before they even complete their degrees, significantly reducing their time to employment.

In addition to strong job placement rates, UIC's engineering program offers a range of specialized tracks, empowering students to tailor their education to meet their career goals. This flexibility is a key factor in the program's high ROI, as graduates are equipped with the skills and knowledge that are in high demand across various sectors.

Furthermore, UIC is committed to affordability. With various scholarships, financial aid options, and competitive tuition rates, students can minimize their educational expenses and maximize their potential return on investment. The combination of quality education, career readiness, and financial support positions UIC engineering graduates for long-term success.

In conclusion, an engineering degree from the University of Illinois at Chicago offers an impressive return on investment for students. With high earning potential, excellent job placement rates, and a supportive learning environment, UIC prepares its graduates to thrive in the engineering field and enjoy a fruitful career. Consider the UIC engineering program as a pathway to your future success.

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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