Manufacturing Engineering Technology Degree from Western Illinois University Return on Investment

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

F D C B A
Approximate Total Payment $126,449
Approximate Total Interest $35,789
Monthly Payment $878.12
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 western illinois university

Industrial engineering technologists and technicians

Projection Rating: B-

Median Annual Wage: $62,610

Percentage of Paycheck to Repay: 16.83%-12.52%

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: 16.46%-12.25%

Employment Change: 0.8%

Entry-Level Education: Associate's degree

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Investing in your education is a crucial decision, and a Manufacturing Engineering Technology degree from Western Illinois University (WIU) offers an exceptional return on investment. With a curriculum designed to equip students with practical skills and theoretical knowledge, graduates are well-prepared to meet the demands of the ever-evolving manufacturing industry.

WIU's Manufacturing Engineering Technology program emphasizes hands-on learning, ensuring that students gain real-world experience through labs and projects. This practical approach not only enhances understanding but also makes graduates highly attractive to employers. The skills acquired in this program align with industry standards, positioning graduates for successful careers in various sectors, including automotive, aerospace, and electronics manufacturing.

One of the key factors contributing to the impressive return on investment of a Manufacturing Engineering Technology degree is the high earning potential of graduates. According to recent data, entry-level positions in this field can command competitive salaries, with many graduates quickly advancing to managerial roles as they gain experience. The demand for skilled manufacturing professionals continues to grow, further enhancing job security and career advancement opportunities.

Moreover, Western Illinois University is dedicated to supporting its students through career services, internships, and networking opportunities, which can significantly enhance job prospects upon graduation. By choosing WIU, students not only invest in a degree but also in a robust support system that fosters professional growth and development.

In summary, the Manufacturing Engineering Technology degree from Western Illinois University is a smart investment for those looking to embark on a rewarding career in manufacturing. With a strong curriculum, hands-on experience, and supportive career services, graduates are well-equipped to achieve a strong return on their educational investment, both financially and professionally.

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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