Mechanical Engineering Degree from Auburn University Return on Investment

See what the return on investment is for jobs that someone with a Mechanical Engineering degree from Auburn University is likely to work in.

F D C B A
Approximate Total Payment $127,498
Approximate Total Interest $36,086
Monthly Payment $885.40
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 mechanical engineering from auburn university

Mechanical engineers

Projection Rating: B+

Median Annual Wage: $99,510

Percentage of Paycheck to Repay: 10.68%-7.94%

Employment Change: 32.1%

Entry-Level Education: Bachelor's degree

Aerospace engineers

Projection Rating: A-

Median Annual Wage: $130,720

Percentage of Paycheck to Repay: 8.13%-6.05%

Employment Change: 4.1%

Entry-Level Education: Bachelor's degree

Don't see the job you're looking for? Click here.

When considering a Mechanical Engineering Degree from Auburn University, one of the most critical factors to evaluate is the return on investment (ROI). Auburn University is renowned for its robust engineering programs, and a degree in mechanical engineering can open doors to numerous career opportunities in various industries.

Auburn's mechanical engineering program is designed to equip students with essential skills and knowledge that are highly sought after in the job market. Graduates often find themselves in high-demand roles, leading to competitive salaries. According to recent data, the average starting salary for mechanical engineering graduates from Auburn University is significantly higher than the national average, providing a solid financial return on your educational investment.

Moreover, Auburn University’s strong connections with industry leaders and a comprehensive internship program enhance students' employability. These practical experiences not only bolster resumes but also provide invaluable networking opportunities, paving the way for successful careers. Many employers actively recruit from Auburn, further ensuring that graduates are well-prepared for the workforce.

In terms of long-term financial benefits, mechanical engineering graduates can expect steady career advancement. With experience, professionals in this field can see their salaries increase substantially, making the initial investment in education worthwhile. Additionally, Auburn’s commitment to innovation and research means that students are at the forefront of technological advancements, preparing them for future challenges in engineering.

Investing in a mechanical engineering degree from Auburn University is not just about immediate job placement and salary; it’s about building a foundation for a successful and fulfilling career. By choosing Auburn, students are making a strategic decision that promises excellent returns—both financially and professionally—in the ever-evolving landscape of engineering.

In conclusion, the return on investment for a Mechanical Engineering Degree from Auburn University is compelling. With strong salary potential, excellent job placement rates, and a wealth of opportunities for professional growth, students can confidently pursue their engineering education at Auburn, knowing they are investing in a promising 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.

Get your personalized projection here!