Engineering Degree from University of North Carolina at Charlotte Return on Investment

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

F D C B A
Approximate Total Payment $90,997
Approximate Total Interest $25,755
Monthly Payment $631.92
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 north carolina at charlotte

Engineers, all other

Projection Rating: A-

Median Annual Wage: $111,970

Percentage of Paycheck to Repay: 6.77%-5.04%

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: 10.32%-7.68%

Employment Change: 3.1%

Entry-Level Education: Associate's degree

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Investing in an engineering degree from the University of North Carolina at Charlotte (UNC Charlotte) is a decision that can yield significant returns. With a strong emphasis on practical experience, innovative research, and industry partnerships, UNC Charlotte prepares its graduates to excel in a competitive job market.

One of the key factors contributing to the high return on investment (ROI) of an engineering degree from UNC Charlotte is the university's robust curriculum, which combines theoretical knowledge with hands-on learning. Students engage in real-world projects and internships, equipping them with the skills and experience that employers value.

Moreover, UNC Charlotte’s strategic location in a thriving metropolitan area, known as the “Queen City,” provides students with abundant job opportunities. The region is home to numerous Fortune 500 companies and a bustling tech scene, allowing graduates to connect with potential employers and secure lucrative positions upon graduation.

According to recent statistics, engineering graduates from UNC Charlotte enjoy competitive starting salaries that often exceed the national average. This financial aspect, combined with the affordable cost of tuition, makes the ROI for an engineering degree particularly attractive. Students can expect to see a return on their investment in a relatively short period after entering the workforce.

Additionally, UNC Charlotte offers various support services for career development, including resume workshops, interview preparation, and networking events. These resources further enhance students' job readiness and help them navigate the transition from academia to professional life.

In summary, pursuing an engineering degree from the University of North Carolina at Charlotte is not just an educational journey; it is a strategic investment in your future. With high starting salaries, strong industry connections, and a comprehensive education, students can confidently expect a positive return on their investment, making UNC Charlotte a premier choice for aspiring engineers.

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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