Engineering Technology Degree from Southeast Missouri State University Return on Investment

See what the return on investment is for jobs that someone with a Engineering Technology degree from Southeast Missouri State University is likely to work in.

F D C B A
Approximate Total Payment $87,774
Approximate Total Interest $24,843
Monthly Payment $609.54
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 technology from southeast missouri state university

Engineering technologists and technicians, except drafters, all other

Projection Rating: A-

Median Annual Wage: $73,500

Percentage of Paycheck to Repay: 9.95%-7.41%

Employment Change: 3.1%

Entry-Level Education: Associate's degree

Industrial engineers

Projection Rating: A-

Median Annual Wage: $99,380

Percentage of Paycheck to Repay: 7.36%-5.48%

Employment Change: 40.9%

Entry-Level Education: Bachelor's degree

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The Engineering Technology Degree from Southeast Missouri State University (SEMO) not only equips students with essential technical skills but also offers a promising Return on Investment (ROI) for graduates. In today’s fast-paced job market, having a degree in engineering technology can significantly enhance your employability and earning potential.

According to recent statistics, graduates with an Engineering Technology degree can expect competitive salaries. With an average starting salary well above the national median, SEMO graduates are well-prepared to enter the workforce. The hands-on experience and industry-relevant training provided by the program ensure that students are job-ready upon graduation.

Moreover, SEMO's strong connections with local and regional industries facilitate internships and co-op opportunities, allowing students to gain real-world experience while still in school. These experiences not only enrich their resumes but also often lead to job offers before graduation, further enhancing the ROI of their degree.

Investing in an Engineering Technology degree is not just about immediate financial returns. It also opens doors to advanced career paths and opportunities for continuous professional growth. Many graduates find themselves in roles that lead to higher positions within their companies or even pursuing further education, which can lead to increased salaries and job security over time.

In addition, Southeast Missouri State University offers various financial aid options, scholarships, and flexible learning formats, making this valuable education more accessible. The combination of affordability, quality education, and strong job placement rates makes the Engineering Technology Degree from SEMO a smart choice for prospective students.

In summary, pursuing an Engineering Technology degree from Southeast Missouri State University is a wise investment in your future. With strong earning potential, hands-on experience, and excellent job placement opportunities, you can expect a significant return on your educational investment.

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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