Engineering Physics, Applied Physics Degree from Fordham University Return on Investment

See what the return on investment is for jobs that someone with a Engineering Physics, Applied Physics degree from Fordham University is likely to work in.

F D C B A
Approximate Total Payment $298,069
Approximate Total Interest $84,364
Monthly Payment $2069.92
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 physics, applied physics from fordham university

Physicists

Projection Rating: F-

Median Annual Wage: $155,680

Percentage of Paycheck to Repay: 47.87%-35.62%

Employment Change: 1.5%

Entry-Level Education: Doctoral or professional degree

Engineering technologists and technicians, except drafters, all other

Projection Rating: D

Median Annual Wage: $73,500

Percentage of Paycheck to Repay: 33.79%-25.15%

Employment Change: 3.1%

Entry-Level Education: Associate's degree

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When considering a degree in Engineering Physics or Applied Physics from Fordham University, understanding the return on investment (ROI) is crucial for prospective students. This degree not only provides a solid foundation in the principles of physics but also equips graduates with valuable skills applicable in various high-demand fields.

The Engineering Physics and Applied Physics programs at Fordham University are designed to blend theoretical knowledge with practical applications, ensuring that students are well-prepared for the workforce. Graduates gain expertise in areas such as materials science, nanotechnology, and renewable energy, all of which are essential in today’s technology-driven economy.

One of the significant advantages of pursuing an Engineering Physics or Applied Physics degree from Fordham is the strong employment outcomes reported by alumni. Graduates often find lucrative positions in industries such as aerospace, telecommunications, and engineering consulting. The combination of a rigorous academic curriculum and hands-on experience through internships and research opportunities positions Fordham graduates as competitive candidates in the job market.

Furthermore, the investment in this degree is complemented by Fordham’s commitment to career services and networking opportunities. Students have access to a vast alumni network, job fairs, and industry partnerships that can lead to internships and job placements, enhancing the overall ROI of their education.

Financially, the ROI of a degree from Fordham University is also promising. With a growing demand for skilled professionals in physics and engineering-related fields, graduates often see a significant increase in earning potential compared to their peers with non-technical degrees. According to recent data, alumni from Fordham’s Engineering Physics and Applied Physics programs report starting salaries that are well above the national average, with many experiencing rapid salary growth as they gain experience in their respective fields.

In conclusion, an Engineering Physics or Applied Physics degree from Fordham University is not only an investment in education but also a strategic move towards a successful career. With strong employment rates, competitive salaries, and robust support systems, students can expect a favorable return on their investment, making this educational path a wise choice for aspiring scientists and 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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