Manufacturing Engineering Technology Degree from University of Southern Indiana Return on Investment

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

F D C B A
Approximate Total Payment $93,140
Approximate Total Interest $26,362
Monthly Payment $646.81
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 technology from university of southern indiana

Industrial engineering technologists and technicians

Projection Rating: B

Median Annual Wage: $62,610

Percentage of Paycheck to Repay: 12.40%-9.22%

Employment Change: 3%

Entry-Level Education: Associate's degree

Mechanical engineering technologists and technicians

Projection Rating: B

Median Annual Wage: $64,020

Percentage of Paycheck to Repay: 12.12%-9.02%

Employment Change: 0.8%

Entry-Level Education: Associate's degree

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Investing in your education is one of the most important decisions you can make for your future career, and the Manufacturing Engineering Technology degree from the University of Southern Indiana (USI) offers a strong return on investment (ROI). This program is designed to equip students with the skills and knowledge needed to thrive in the ever-evolving manufacturing landscape.

The Manufacturing Engineering Technology degree provides a comprehensive curriculum that includes hands-on training in advanced manufacturing processes, automation, and quality control. Graduates emerge with a robust understanding of engineering principles and practical applications that are highly sought after by employers in the industry.

One of the key factors contributing to the ROI of this degree is the strong job placement rate for USI graduates. The university’s connections with local and regional manufacturing companies facilitate internships and job opportunities, allowing students to gain valuable experience and network within the industry. Many graduates secure positions in reputable companies shortly after completing their degree, often with competitive salaries.

Additionally, the demand for skilled manufacturing professionals continues to grow, driven by technological advancements and the need for innovation in production processes. By earning a Manufacturing Engineering Technology degree from USI, students position themselves favorably in a job market that values technical expertise and practical experience.

Furthermore, USI offers various financial aid options, scholarships, and flexible course schedules, making it easier for students to invest in their education without accumulating excessive debt. The financial benefits extend beyond the initial salary; graduates often see significant salary increases as they gain experience and take on more responsibilities in their careers.

In conclusion, the Manufacturing Engineering Technology degree from the University of Southern Indiana not only provides students with cutting-edge knowledge and skills but also offers a compelling return on investment. With strong job prospects, competitive salaries, and opportunities for advancement, this degree is a smart choice for anyone looking to build a successful career in the manufacturing sector.

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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