Engineering Technologies and Engineering-related Fields Degree from Pennsylvania College of Technology Return on Investment

See what the return on investment is for jobs that someone with a Engineering Technologies and Engineering-related Fields degree from Pennsylvania College of Technology is likely to work in.

F D C B A
Approximate Total Payment $142,295
Approximate Total Interest $40,274
Monthly Payment $988.16
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 technologies and engineering-related fields from pennsylvania college of technology

Sound engineering technicians

Projection Rating: B-

Median Annual Wage: $59,430

Percentage of Paycheck to Repay: 19.95%-14.85%

Employment Change: -0.1%

Entry-Level Education: Postsecondary nondegree award

Mechanical engineers

Projection Rating: B+

Median Annual Wage: $99,510

Percentage of Paycheck to Repay: 11.92%-8.87%

Employment Change: 32.1%

Entry-Level Education: Bachelor's degree

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When considering the financial implications of pursuing a degree in Engineering Technologies or related fields from Pennsylvania College of Technology, it's essential to evaluate the return on investment (ROI) associated with this educational path. With a robust curriculum designed to equip students with practical skills and theoretical knowledge, graduates are well-prepared to enter the workforce in high-demand engineering roles.

Graduates from Pennsylvania College of Technology often benefit from a strong job placement rate, given the institution's strong connections with local industries and its emphasis on hands-on learning. This practical experience not only enhances employability but also leads to competitive salaries in various engineering sectors, including mechanical, electrical, civil, and industrial engineering.

According to recent statistics, graduates in engineering fields can expect higher starting salaries compared to many other disciplines. This financial advantage contributes positively to the overall ROI of obtaining a degree from Pennsylvania College of Technology. Additionally, the college offers a range of scholarships and financial aid options, making education more accessible and further improving the financial outlook for students.

In terms of long-term career growth, the engineering sector is projected to continue expanding, with a steady demand for skilled professionals. This growth translates into increased job security and opportunities for advancement, amplifying the ROI of a degree from Pennsylvania College of Technology. Furthermore, the skills gained during the program are applicable across various industries, offering graduates the flexibility to explore multiple career paths.

Ultimately, investing in an Engineering Technologies or engineering-related degree from Pennsylvania College of Technology is a strategic decision that promises significant returns, both financially and professionally. By choosing this path, students are not just earning a degree; they are setting the stage for a successful and rewarding career in a dynamic and ever-evolving field.

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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