Engineering, Industrial Management Degree from University of Illinois at Urbana – Champaign Return on Investment

See what the return on investment is for jobs that someone with a Engineering, Industrial Management degree from University of Illinois at Urbana – Champaign is likely to work in.

F D C B A
Approximate Total Payment $146,682
Approximate Total Interest $41,516
Monthly Payment $1018.62
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 university of illinois at urbana - champaign

Industrial engineers

Projection Rating: B

Median Annual Wage: $99,380

Percentage of Paycheck to Repay: 12.30%-9.15%

Employment Change: 40.9%

Entry-Level Education: Bachelor's degree

Operations research analysts

Projection Rating: B

Median Annual Wage: $83,640

Percentage of Paycheck to Repay: 14.61%-10.87%

Employment Change: 28.3%

Entry-Level Education: Bachelor's degree

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The Engineering and Industrial Management Degree from the University of Illinois at Urbana-Champaign offers a robust curriculum designed to equip students with the skills necessary to excel in today’s competitive job market. Graduates from this prestigious program have reported impressive returns on their educational investment, making it a top choice for aspiring professionals.

One of the key factors contributing to the significant return on investment (ROI) of this degree is the university's strong reputation and extensive alumni network. Employers recognize the value of a degree from UIUC, often resulting in higher starting salaries and better job placement rates for graduates. With a focus on both engineering principles and management strategies, students gain a unique skill set that is highly sought after in various industries.

According to recent data, graduates can expect an average salary increase of 20-30% within the first few years post-graduation. This financial advantage, coupled with the university's commitment to experiential learning opportunities, such as internships and co-op programs, ensures that students are not only prepared academically but also have practical experience that enhances their employability.

Furthermore, the Engineering and Industrial Management program emphasizes critical thinking, problem-solving, and leadership skills, which are essential in today’s rapidly evolving industrial landscape. This comprehensive approach not only prepares students for immediate career success but also positions them for long-term growth and advancement in their chosen fields.

In summary, investing in an Engineering and Industrial Management Degree from the University of Illinois at Urbana-Champaign is a strategic decision for future leaders in engineering and industry. With a strong ROI, extensive resources, and a commitment to student success, this program is an excellent choice for those looking to make a meaningful impact in their careers.

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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