Materials Engineering Degree from University of Northern Iowa Return on Investment

See what the return on investment is for jobs that someone with a Materials Engineering degree from University of Northern Iowa is likely to work in.

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Approximate Total Payment $93,891
Approximate Total Interest $26,574
Monthly Payment $652.02
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 university of northern iowa

Materials engineers

Projection Rating: A-

Median Annual Wage: $104,100

Percentage of Paycheck to Repay: 7.52%-5.59%

Employment Change: 1.8%

Entry-Level Education: Bachelor's degree

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Investing in your education is a crucial decision, and a Materials Engineering Degree from the University of Northern Iowa offers a substantial return on investment (ROI). With the ever-growing demand for skilled engineers in various industries, graduates from UNI are well-positioned for success in the job market.

Graduates of the Materials Engineering program can expect competitive salaries, with entry-level positions often starting in the range of $65,000 to $75,000 annually. As professionals gain experience, salaries can rise significantly, with mid-career engineers earning upwards of $100,000 per year. This robust earning potential makes the financial commitment to a degree at UNI worthwhile.

Moreover, the University of Northern Iowa boasts a strong network of alumni who are eager to support new graduates. This network can provide valuable connections and job opportunities, further enhancing the ROI of your degree. Additionally, UNI’s dedication to hands-on learning and industry partnerships ensures that you graduate with the skills and experience employers are looking for.

Financial aid options, scholarships, and flexible learning paths are available to help reduce the upfront costs of obtaining a degree. With careful planning, students can minimize their debt while maximizing their knowledge and skills, leading to a faster return on investment.

In summary, pursuing a Materials Engineering Degree from the University of Northern Iowa not only equips you with a solid education but also positions you for a lucrative career in a high-demand field. The combination of competitive salaries, a supportive alumni network, and practical experience makes this degree a wise investment for your future.

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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