Mechanical Engineering Degree from Bradley University Return on Investment

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

F D C B A
Approximate Total Payment $212,262
Approximate Total Interest $60,077
Monthly Payment $1474.04
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 bradley university

Mechanical engineers

Projection Rating: B-

Median Annual Wage: $99,510

Percentage of Paycheck to Repay: 17.78%-13.23%

Employment Change: 32.1%

Entry-Level Education: Bachelor's degree

Aerospace engineers

Projection Rating: B

Median Annual Wage: $130,720

Percentage of Paycheck to Repay: 13.53%-10.07%

Employment Change: 4.1%

Entry-Level Education: Bachelor's degree

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When considering a Mechanical Engineering Degree from Bradley University, one of the most critical factors to evaluate is the return on investment (ROI). This degree not only provides students with a robust education in mechanical engineering principles but also opens doors to lucrative career opportunities that can significantly enhance earning potential.

Bradley University’s program is designed to equip students with practical skills and theoretical knowledge, making graduates highly sought after in the job market. According to recent statistics, graduates with a mechanical engineering degree can expect starting salaries that are well above the national average. With a well-rounded curriculum that includes hands-on experience, students are prepared to tackle real-world challenges, making them valuable assets to employers.

Furthermore, the strong alumni network and career support services at Bradley University provide students with essential connections and resources that can further increase their job prospects. Graduates often find employment in industries such as automotive, aerospace, energy, and manufacturing, which offer not only competitive salaries but also opportunities for career advancement.

Investing in a Mechanical Engineering Degree from Bradley University is not just about the immediate financial return; it’s also about long-term career growth. With the demand for skilled engineers on the rise, graduates are likely to see their salaries increase significantly over time, enhancing the overall ROI of their educational investment.

In conclusion, choosing to pursue a Mechanical Engineering Degree from Bradley University is a strategic decision that can lead to substantial financial rewards and a fulfilling career. By weighing the costs against the potential earnings and career opportunities, prospective students can see that this degree offers a promising return on investment.

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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