Engineering Physics, Applied Physics Degree from John Carroll University Return on Investment

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

F D C B A
Approximate Total Payment $236,272
Approximate Total Interest $66,873
Monthly Payment $1640.78
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 john carroll university

Physicists

Projection Rating: D-

Median Annual Wage: $155,680

Percentage of Paycheck to Repay: 37.94%-28.23%

Employment Change: 1.5%

Entry-Level Education: Doctoral or professional degree

Engineering technologists and technicians, except drafters, all other

Projection Rating: C-

Median Annual Wage: $73,500

Percentage of Paycheck to Repay: 26.79%-19.93%

Employment Change: 3.1%

Entry-Level Education: Associate's degree

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When considering an Engineering Physics or Applied Physics degree from John Carroll University, it's essential to evaluate the return on investment (ROI) that such an education can offer. This degree not only provides a solid foundation in the principles of physics but also equips students with practical skills that are highly sought after in today’s job market.

Graduates from John Carroll University are known for their rigorous training in both theoretical and applied aspects of physics, which opens doors to a variety of career paths. Whether pursuing opportunities in engineering, research, or technology development, students can expect to see a significant return on their investment through competitive salaries and job placement rates.

According to recent statistics, graduates with an Engineering Physics or Applied Physics degree often start their careers with salaries that are above the national average. The strong emphasis on problem-solving and analytical skills prepares students to excel in industries such as aerospace, renewable energy, and advanced manufacturing. Additionally, John Carroll’s extensive alumni network and career services further enhance job prospects, providing students with valuable connections in the field.

Furthermore, the interdisciplinary approach of the Engineering Physics program means that graduates are not only equipped with technical knowledge but also with essential skills in collaboration and communication. This holistic education is increasingly important in collaborative work environments, making graduates more attractive to employers.

In conclusion, investing in an Engineering Physics or Applied Physics degree from John Carroll University is a strategic choice. With a strong ROI characterized by high starting salaries, diverse career opportunities, and valuable skill sets, students can feel confident that their education will pay dividends for years to come.

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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