Mechanical Engineering Degree from Florida Atlantic University Return on Investment

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

F D C B A
Approximate Total Payment $97,381
Approximate Total Interest $27,562
Monthly Payment $676.26
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 florida atlantic university

Mechanical engineers

Projection Rating: A-

Median Annual Wage: $99,510

Percentage of Paycheck to Repay: 8.16%-6.07%

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: 6.21%-4.62%

Employment Change: 4.1%

Entry-Level Education: Bachelor's degree

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Investing in a Mechanical Engineering Degree from Florida Atlantic University (FAU) is a strategic decision that promises significant returns. With a robust curriculum, experienced faculty, and state-of-the-art facilities, FAU equips students with the skills and knowledge necessary to thrive in the competitive engineering landscape.

One of the most compelling aspects of pursuing a mechanical engineering degree at FAU is the strong potential for a high return on investment (ROI). Graduates of the program often secure positions in industries such as aerospace, automotive, manufacturing, and renewable energy. These sectors are not only growing rapidly but also offer competitive salaries that can significantly offset the costs of education.

According to recent data, graduates with a mechanical engineering degree from FAU can expect starting salaries that are above the national average. The university's connections with local industries and corporations provide students with invaluable internship opportunities, further enhancing their employability upon graduation. This hands-on experience is crucial, as it often leads to job offers that reflect the skills acquired during their studies.

Additionally, FAU's commitment to student success extends beyond academics. The university offers career services, networking events, and workshops designed to prepare students for the job market. By fostering connections with industry leaders and alumni, FAU helps students navigate their career paths more effectively.

Furthermore, the versatility of a mechanical engineering degree cannot be overstated. Graduates can pursue various career paths, including roles in research and development, project management, and consulting. This adaptability not only enhances job security but also allows for career advancement and specialization, increasing earning potential over time.

In conclusion, the Mechanical Engineering Degree from Florida Atlantic University represents a wise investment for aspiring engineers. With a strong ROI, excellent job prospects, and a comprehensive support system, students can confidently embark on a rewarding career in engineering. Choosing FAU means choosing a future filled with opportunities and success.

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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