Industrial Engineering Degree from University of Illinois at Urbana – Champaign Return on Investment

See what the return on investment is for jobs that someone with a Industrial Engineering degree from University of Illinois at Urbana – Champaign is likely to work in.

F D C B A
Approximate Total Payment $146,682
Approximate Total Interest $41,516
Monthly Payment $1018.62
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 university of illinois at urbana - champaign

Industrial engineers

Projection Rating: B

Median Annual Wage: $99,380

Percentage of Paycheck to Repay: 12.30%-9.15%

Employment Change: 40.9%

Entry-Level Education: Bachelor's degree

Logisticians

Projection Rating: B-

Median Annual Wage: $79,400

Percentage of Paycheck to Repay: 15.39%-11.46%

Employment Change: 45.8%

Entry-Level Education: Bachelor's degree

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Investing in an Industrial Engineering Degree from the University of Illinois at Urbana-Champaign offers significant returns for students seeking a prosperous and fulfilling career. This renowned program not only equips students with the technical skills needed to excel in the dynamic field of industrial engineering but also provides a strong foundation in problem-solving, systems optimization, and data analysis.

Graduates of the University of Illinois can expect to enter a job market filled with opportunities, as industrial engineers are in high demand across various industries, including manufacturing, healthcare, logistics, and technology. According to recent data, the average starting salary for industrial engineering graduates is competitive, often exceeding $70,000 per year, making it a lucrative investment.

Furthermore, the university's strong industry connections and comprehensive career services enhance the return on investment by facilitating internships, co-op programs, and job placements. These experiences not only enrich students' education but also significantly boost their employability upon graduation.

In addition to financial benefits, pursuing an industrial engineering degree fosters critical thinking and innovative approaches to streamline processes and improve efficiency. This skill set is invaluable in today's fast-paced business environment, positioning graduates as leaders capable of driving organizational success.

Moreover, the University of Illinois at Urbana-Champaign boasts a vibrant alumni network that supports ongoing professional development and mentorship, further increasing the long-term value of the degree.

In summary, an Industrial Engineering Degree from the University of Illinois at Urbana-Champaign is not just an academic achievement; it is a strategic investment in a successful future. With a robust curriculum, excellent career prospects, and a strong return on investment, this degree sets the stage for a rewarding career in industrial engineering.

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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