Engineering Technology Degree from University of Memphis Return on Investment
See what the return on investment is for jobs that someone with a Engineering Technology degree from University of Memphis is likely to work in.
Top job projections for graduates in engineering technology from university of memphis
Engineering technologists and technicians, except drafters, all other
Projection Rating: B
Median Annual Wage: $73,500
Percentage of Paycheck to Repay: 12.29%-9.14%
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: 9.09%-6.76%
Employment Change: 40.9%
Entry-Level Education: Bachelor's degree
The Engineering Technology Degree from the University of Memphis offers an exceptional return on investment (ROI) for students seeking a fulfilling and lucrative career in the engineering sector. With a strong emphasis on practical skills and real-world applications, this program equips graduates with the knowledge and experience needed to excel in various industries.
One of the key factors contributing to the impressive ROI of this degree is the university's commitment to providing a high-quality education that aligns with industry demands. Students benefit from state-of-the-art facilities, experienced faculty, and opportunities for hands-on learning through internships and cooperative education programs. These experiences not only enhance students' resumes but also significantly improve their employability upon graduation.
Furthermore, the Engineering Technology Degree from the University of Memphis is designed to prepare graduates for high-demand roles in fields such as manufacturing, construction, and information technology. According to recent data, graduates can expect competitive salaries that often exceed the national average for similar positions. This financial advantage, coupled with the low cost of tuition at the University of Memphis, contributes to a remarkable ROI that many students find appealing.
Additionally, the university's strong connections with local and national employers facilitate networking opportunities and job placements for graduates. This support system is invaluable in helping students transition smoothly from academic life to professional careers, ensuring they can start earning a solid income shortly after graduation.
In conclusion, pursuing an Engineering Technology Degree at the University of Memphis is not only an investment in education but also a strategic move toward a prosperous career. With its focus on practical skills, industry alignment, and excellent job placement rates, students can expect a significant return on their investment, making this program a wise choice 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.