Engineering Degree from University of New Mexico – Main Campus Return on Investment

See what the return on investment is for jobs that someone with a Engineering degree from University of New Mexico – Main Campus is likely to work in.

F D C B A
Approximate Total Payment $87,754
Approximate Total Interest $24,837
Monthly Payment $609.40
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 new mexico - main campus

Engineers, all other

Projection Rating: A-

Median Annual Wage: $111,970

Percentage of Paycheck to Repay: 6.53%-4.86%

Employment Change: 8%

Entry-Level Education: Bachelor's degree

Engineering technologists and technicians, except drafters, all other

Projection Rating: A-

Median Annual Wage: $73,500

Percentage of Paycheck to Repay: 9.95%-7.40%

Employment Change: 3.1%

Entry-Level Education: Associate's degree

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If you’re considering pursuing an Engineering degree from the University of New Mexico (UNM) Main Campus, understanding the return on investment (ROI) is crucial. This degree not only equips you with the technical skills needed for a successful career but also offers significant financial benefits over time.

UNM’s Engineering program is renowned for its rigorous curriculum, experienced faculty, and state-of-the-art facilities. Graduates from this program have a high employability rate, often landing lucrative positions in various sectors such as aerospace, civil, electrical, and mechanical engineering. According to recent data, the average starting salary for UNM engineering graduates is competitive compared to national averages, providing a solid foundation for your career.

Investing in your education at UNM means not just acquiring knowledge, but also gaining access to a vast network of alumni and industry connections. These resources can be invaluable when it comes to job placement and career advancement. Moreover, UNM offers various scholarships and financial aid options to help reduce the overall cost of your degree, further enhancing your ROI.

In addition to financial benefits, an Engineering degree from UNM opens doors to personal and professional growth. The skills acquired during your studies—problem-solving, critical thinking, and teamwork—are highly sought after by employers across industries. This degree can pave the way to leadership roles and specialized positions that offer even greater earning potential.

In conclusion, the Engineering degree from the University of New Mexico – Main Campus not only provides a strong educational foundation but also offers substantial return on investment. By choosing UNM, you’re investing in your future, equipping yourself with the skills and connections necessary to thrive in a competitive job market.

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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