Manufacturing Engineering Degree from University of Michigan – Dearborn Return on Investment

See what the return on investment is for jobs that someone with a Manufacturing Engineering degree from University of Michigan – Dearborn is likely to work in.

F D C B A
Approximate Total Payment $89,595
Approximate Total Interest $25,358
Monthly Payment $622.19
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 manufacturing engineering from university of michigan - dearborn

Manufacturing Engineers

Projection Rating: A-

Median Annual Wage: $85,000

Percentage of Paycheck to Repay: 8.78%-6.54%

Employment Change: 2%

Entry-Level Education: Bachelor's degree

Industrial engineers

Projection Rating: A-

Median Annual Wage: $99,380

Percentage of Paycheck to Repay: 7.51%-5.59%

Employment Change: 40.9%

Entry-Level Education: Bachelor's degree

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The Manufacturing Engineering Degree from the University of Michigan – Dearborn is not just an academic credential; it’s a strategic investment in your future. As industries evolve and technology advances, the demand for skilled manufacturing engineers continues to rise. This degree equips you with essential skills in process design, production management, and quality control, making you a valuable asset in various sectors.

When considering the return on investment (ROI) of your education, it’s important to look beyond tuition costs. Graduates from the University of Michigan – Dearborn benefit from a robust alumni network and strong industry connections, leading to high employment rates and competitive salaries. According to recent statistics, graduates can expect an average starting salary that significantly surpasses national benchmarks, translating to a favorable ROI within just a few years of graduation.

The program emphasizes hands-on learning through internships and co-op opportunities, allowing students to gain real-world experience while still in school. This practical approach not only enhances your resume but also positions you for higher-paying roles immediately after graduation. Furthermore, the University’s commitment to innovation and research ensures that you are learning the latest industry practices and technologies, which are crucial for career advancement.

Investing in a Manufacturing Engineering Degree from the University of Michigan – Dearborn is an investment in a sustainable career path. With a curriculum that aligns with industry needs and a faculty that includes experienced professionals, you’ll be well-prepared to meet the challenges of the manufacturing sector and excel in your career.

Explore the potential of your future with a degree that offers not only knowledge but also a substantial return on investment. Choose the University of Michigan – Dearborn for your Manufacturing Engineering studies and watch your career take off.

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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