Mechanical Engineering Degree from Manhattan College Return on Investment

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

F D C B A
Approximate Total Payment $244,356
Approximate Total Interest $69,161
Monthly Payment $1696.91
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 manhattan college

Mechanical engineers

Projection Rating: C+

Median Annual Wage: $99,510

Percentage of Paycheck to Repay: 20.46%-15.23%

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: 15.58%-11.59%

Employment Change: 4.1%

Entry-Level Education: Bachelor's degree

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Investing in a Mechanical Engineering Degree from Manhattan College can yield significant returns, both financially and professionally. As a leading institution, Manhattan College offers a robust curriculum that equips students with the critical skills needed in today’s competitive job market. Graduates of the Mechanical Engineering program not only gain a comprehensive understanding of engineering principles but also enjoy a solid reputation among employers.

One of the most compelling aspects of pursuing a degree in mechanical engineering is its high earning potential. According to recent labor statistics, mechanical engineers earn a competitive salary, with many graduates starting in high-paying positions. The strong emphasis on practical experience and internships during the program ensures that students are job-ready upon graduation, which enhances employability and salary prospects.

Moreover, the network of alumni and industry connections fostered by Manhattan College provides students with valuable opportunities for internships and job placements. This network can significantly reduce the time it takes to secure a position after graduation, translating to a faster return on investment.

The program also emphasizes hands-on learning through state-of-the-art labs and projects that mirror real-world engineering challenges. This approach not only solidifies theoretical knowledge but also enhances problem-solving skills, making graduates highly sought after in various industries, from aerospace to renewable energy.

Additionally, the flexibility of the degree allows students to explore various career paths. Mechanical engineers have the versatility to work in sectors such as automotive, robotics, manufacturing, and even consulting. This expansive range of career options contributes to job stability and long-term growth potential.

In conclusion, the Mechanical Engineering Degree from Manhattan College is an investment in your future. With its strong academic foundation, exceptional career support, and impressive earning potential, students can expect a favorable return on their investment both in terms of salary and career advancement. Start your journey towards a rewarding career in engineering today!

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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