Engineering, Industrial Management Degree from Illinois Institute of Technology Return on Investment

See what the return on investment is for jobs that someone with a Engineering, Industrial Management degree from Illinois Institute of Technology is likely to work in.

F D C B A
Approximate Total Payment $260,080
Approximate Total Interest $73,611
Monthly Payment $1806.11
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, industrial management from illinois institute of technology

Industrial engineers

Projection Rating: C+

Median Annual Wage: $99,380

Percentage of Paycheck to Repay: 21.81%-16.23%

Employment Change: 40.9%

Entry-Level Education: Bachelor's degree

Operations research analysts

Projection Rating: C-

Median Annual Wage: $83,640

Percentage of Paycheck to Repay: 25.91%-19.28%

Employment Change: 28.3%

Entry-Level Education: Bachelor's degree

Don't see the job you're looking for? Click here.

The Engineering and Industrial Management Degree from the Illinois Institute of Technology offers an exceptional return on investment (ROI) for students seeking to advance their careers in the engineering and management sectors. With a curriculum designed to blend technical expertise with managerial skills, graduates are well-prepared to meet the demands of a rapidly evolving job market.

One of the key factors contributing to the high ROI of this degree is the strong emphasis on practical experience. Students engage in hands-on projects and internships, allowing them to apply theoretical knowledge in real-world settings. This experience not only enhances learning but also makes graduates more attractive to potential employers.

Additionally, the Illinois Institute of Technology boasts a robust network of industry connections. Graduates benefit from access to a wide array of job placement opportunities, as well as mentorship from experienced professionals in the field. The school's strong reputation often leads to competitive salaries, further increasing the value of the degree.

According to recent data, graduates with an Engineering and Industrial Management Degree from Illinois Tech enjoy starting salaries that are significantly higher than the national average. As the demand for skilled professionals in engineering and management continues to rise, obtaining this degree positions students for long-term career growth and financial stability.

Moreover, the flexibility of the program allows students to tailor their education to meet their specific career goals, whether in manufacturing, logistics, or project management. This versatility ensures that graduates are equipped with a diverse skill set that is highly sought after across various industries.

In conclusion, investing in an Engineering and Industrial Management Degree from the Illinois Institute of Technology not only enhances your skill set but also provides a substantial return on investment. With strong earning potential, valuable industry connections, and a comprehensive education, this degree is an excellent choice for anyone looking to excel in their career.

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.

Get your personalized projection here!