Engineering-related Technologies Degree from New Jersey Institute of Technology Return on Investment
See what the return on investment is for jobs that someone with a Engineering-related Technologies degree from New Jersey Institute of Technology is likely to work in.
Top job projections for graduates in engineering-related technologies from new jersey institute of technology
Engineering technologists and technicians, except drafters, all other
Projection Rating: B-
Median Annual Wage: $73,500
Percentage of Paycheck to Repay: 16.14%-12.01%
Employment Change: 3.1%
Entry-Level Education: Associate's degree
Industrial engineering technologists and technicians
Projection Rating: B-
Median Annual Wage: $62,610
Percentage of Paycheck to Repay: 18.95%-14.10%
Employment Change: 3%
Entry-Level Education: Associate's degree
The Engineering-related Technologies Degree from the New Jersey Institute of Technology (NJIT) offers a compelling return on investment (ROI) for students seeking a successful career in the engineering sector. With a curriculum designed to meet industry demands, NJIT equips graduates with the skills and knowledge required to excel in various engineering-related fields.
One of the key factors contributing to the high ROI of an NJIT Engineering-related Technologies degree is the university's strong emphasis on practical experience. Through hands-on projects, internships, and collaborations with leading companies, students graduate with not only theoretical knowledge but also real-world skills that employers value.
Moreover, NJIT’s strategic location in New Jersey, a hub for technology and engineering firms, provides students with unparalleled networking opportunities. Graduates often find themselves in high-demand roles immediately after completing their degree, leading to competitive starting salaries that significantly enhance their return on investment.
Statistics show that NJIT graduates enjoy a favorable employment rate, with many securing positions in reputable companies shortly after graduation. The university’s robust career services and alumni network play a pivotal role in connecting students with potential employers, further boosting their career prospects.
In addition to immediate job placements, the long-term earning potential for NJIT Engineering-related Technologies graduates is substantial. As technology continues to evolve, professionals in this field are expected to see consistent salary growth over their careers, making this degree a wise investment for the future.
Overall, pursuing an Engineering-related Technologies degree from the New Jersey Institute of Technology not only prepares students for a rewarding career but also offers a significant return on investment, making it an attractive option for aspiring 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.