Mechanical Engineering Degree from Brigham Young University – Idaho Return on Investment

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

F D C B A
Approximate Total Payment $56,174
Approximate Total Interest $15,899
Monthly Payment $390.10
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 brigham young university - idaho

Mechanical engineers

Projection Rating: A

Median Annual Wage: $99,510

Percentage of Paycheck to Repay: 4.70%-3.50%

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: 3.58%-2.66%

Employment Change: 4.1%

Entry-Level Education: Bachelor's degree

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The decision to pursue a Mechanical Engineering degree is significant, and when considering your options, the return on investment (ROI) is a crucial factor. Brigham Young University – Idaho (BYU-Idaho) offers a comprehensive Mechanical Engineering program that not only equips students with technical skills but also provides excellent career prospects.

Graduates from BYU-Idaho's Mechanical Engineering program benefit from a robust curriculum that emphasizes hands-on learning and real-world applications. This practical approach ensures that students are well-prepared for the demands of the engineering field. As a result, graduates find themselves in high demand among employers, often leading to competitive salaries and job stability.

When evaluating the ROI of a Mechanical Engineering degree from BYU-Idaho, consider the following factors:

  • High Employment Rates: Graduates often secure jobs shortly after graduation, thanks to the university's strong connections with industry leaders and a well-respected program.
  • Competitive Salaries: Mechanical engineers are among the highest-paid professionals in the engineering sector. According to recent data, the average starting salary for graduates can be quite attractive, with the potential for substantial salary growth over time.
  • Affordable Tuition: BYU-Idaho offers a cost-effective education compared to many other institutions, making it a financially savvy choice. The lower tuition rates combined with high earning potential enhance the overall ROI.
  • Networking Opportunities: The university provides numerous opportunities for students to connect with industry professionals through internships, job fairs, and alumni networks, further enhancing job prospects post-graduation.

In conclusion, a Mechanical Engineering degree from Brigham Young University – Idaho offers an excellent return on investment. With its strong educational foundation, high employment rates, and competitive salaries, students can feel confident that their investment in education will pay off in their future careers. Explore the possibilities that await you with a degree from BYU-Idaho and take the first step towards a successful engineering 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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