Industrial Engineering Degree from Montana State University Return on Investment

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

F D C B A
Approximate Total Payment $95,243
Approximate Total Interest $26,957
Monthly Payment $661.41
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 industrial engineering from montana state university

Industrial engineers

Projection Rating: A-

Median Annual Wage: $99,380

Percentage of Paycheck to Repay: 7.99%-5.94%

Employment Change: 40.9%

Entry-Level Education: Bachelor's degree

Logisticians

Projection Rating: A-

Median Annual Wage: $79,400

Percentage of Paycheck to Repay: 10.00%-7.44%

Employment Change: 45.8%

Entry-Level Education: Bachelor's degree

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When considering an Industrial Engineering Degree from Montana State University, understanding the return on investment (ROI) is crucial for prospective students. This degree not only equips you with essential skills in optimization, systems design, and quality control, but it also opens doors to lucrative career opportunities in various industries.

The ROI of an Industrial Engineering degree is compelling. Graduates from Montana State University report competitive starting salaries that significantly exceed the average for college graduates. With the demand for industrial engineers on the rise, your earning potential increases over time, making this degree a sound financial investment.

Furthermore, Montana State University offers a comprehensive curriculum that combines theoretical knowledge with practical experience. Students engage in hands-on projects, internships, and collaborative research, enhancing their employability and readiness for the workforce. The university's strong industry connections also provide ample networking opportunities, which are invaluable in securing high-paying positions after graduation.

In addition to financial benefits, an Industrial Engineering degree fosters critical thinking and problem-solving skills that are applicable across numerous sectors, including manufacturing, healthcare, and logistics. This versatility not only enhances job security but also allows graduates to pivot between industries as market demands evolve.

Moreover, the cost of education at Montana State University is competitive compared to national averages, further boosting the program's ROI. With various financial aid options, scholarships, and part-time work opportunities, students can reduce their overall expenses while investing in their future.

In summary, an Industrial Engineering degree from Montana State University offers a robust return on investment, combining high earning potential, diverse career pathways, and a strong educational foundation. By choosing this program, you are not just obtaining a degree; you are making a strategic investment in your future success.

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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