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

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

F D C B A
Approximate Total Payment $317,853
Approximate Total Interest $89,963
Monthly Payment $2207.31
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 northwestern university

Physicists

Projection Rating: F-

Median Annual Wage: $155,680

Percentage of Paycheck to Repay: 51.04%-37.98%

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: 36.04%-26.82%

Employment Change: 3.1%

Entry-Level Education: Associate's degree

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Investing in your education is a significant decision, and understanding the return on investment (ROI) for an Engineering Physics or Applied Physics degree from Northwestern University is crucial for prospective students. Northwestern University is renowned for its rigorous academic programs and exceptional faculty, providing students with a solid foundation in both theoretical and practical aspects of physics.

Graduates of the Engineering Physics and Applied Physics programs at Northwestern University are equipped with a diverse skill set that makes them highly attractive to employers in various industries, including technology, engineering, and research. The interdisciplinary approach of the curriculum ensures that students not only grasp complex physical concepts but also learn how to apply them in real-world scenarios, enhancing their employability and earning potential.

According to recent data, graduates from Northwestern University enjoy competitive starting salaries, often exceeding the national average for physics graduates. The university’s strong alumni network and robust career services further enhance job placement rates, contributing to a favorable ROI for graduates. Additionally, the hands-on experience gained through labs, internships, and collaborative projects provides a significant advantage in the job market.

Moreover, Northwestern’s location in the Chicago metropolitan area offers students access to numerous internship opportunities and connections with leading tech firms and research institutions. This strategic advantage not only enriches the educational experience but also positions graduates for success in their careers.

In summary, pursuing an Engineering Physics or Applied Physics degree at Northwestern University represents a smart investment in your future. With a strong curriculum, excellent job placement rates, and a thriving professional network, graduates can expect a substantial return on their investment, making this program a valuable choice for aspiring physicists 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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