Materials Engineering Degree from SUNY at Binghamton Return on Investment

See what the return on investment is for jobs that someone with a Materials Engineering degree from SUNY at Binghamton is likely to work in.

F D C B A
Approximate Total Payment $114,417
Approximate Total Interest $32,384
Monthly Payment $794.56
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 materials engineering from suny at binghamton

Materials engineers

Projection Rating: A-

Median Annual Wage: $104,100

Percentage of Paycheck to Repay: 9.16%-6.82%

Employment Change: 1.8%

Entry-Level Education: Bachelor's degree

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The decision to pursue a Materials Engineering Degree from SUNY at Binghamton is not just an investment in education; it's an investment in your future. Understanding the Return on Investment (ROI) for this degree can help prospective students make informed choices about their educational paths.

Materials engineering is a dynamic field that combines principles of physics, chemistry, and engineering to develop new materials and improve existing ones. Graduates from SUNY at Binghamton are equipped with the skills and knowledge to excel in various industries, including aerospace, automotive, electronics, and biomaterials. This versatility not only enhances employability but also opens doors to lucrative career opportunities.

According to recent data, the average starting salary for materials engineering graduates is significantly higher than the national average for all college graduates. With a degree from SUNY at Binghamton, students can expect competitive salaries, robust job growth, and the potential for career advancement. Many alumni report salaries that exceed $70,000 within a few years of graduation, reflecting the high demand for skilled professionals in this sector.

Additionally, SUNY at Binghamton's strong industry connections and dedicated career services offer students valuable networking opportunities, internships, and job placements, further enhancing their ROI. The university's commitment to research and innovation also means that students gain hands-on experience with cutting-edge technology, making them more attractive to employers.

Moreover, the supportive academic environment at SUNY at Binghamton fosters a strong sense of community and collaboration among students and faculty, which can lead to lifelong professional relationships and mentorship opportunities. This network can be a crucial component in enhancing career prospects and achieving long-term success.

In conclusion, investing in a Materials Engineering Degree from SUNY at Binghamton offers substantial returns through high starting salaries, strong job growth, and extensive professional networks. As the demand for advanced materials continues to rise, graduates are well-positioned to thrive in a rewarding and impactful career.

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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