Mechanical Engineering Degree from Rockhurst University Return on Investment

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

F D C B A
Approximate Total Payment $220,633
Approximate Total Interest $62,447
Monthly Payment $1532.17
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 rockhurst university

Mechanical engineers

Projection Rating: B-

Median Annual Wage: $99,510

Percentage of Paycheck to Repay: 18.48%-13.75%

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: 14.07%-10.47%

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 understanding its return on investment (ROI) is crucial for prospective students. At Rockhurst University, this degree not only equips students with essential engineering skills but also opens the door to a wealth of career opportunities and financial benefits.

Rockhurst University is renowned for its rigorous academic programs, and the Mechanical Engineering degree is no exception. Graduates emerge well-prepared with a strong foundation in problem-solving, critical thinking, and technical knowledge, making them highly sought after in the job market. The ROI of a Mechanical Engineering degree from Rockhurst can be measured in various ways, including average starting salaries, job placement rates, and long-term career growth.

According to recent statistics, the average starting salary for graduates with a Mechanical Engineering degree is significantly higher than the national average for bachelor’s degrees. This elevated earning potential translates into a quicker payback period on educational investments. Furthermore, Rockhurst University boasts impressive job placement rates, with many students securing positions at leading engineering firms shortly after graduation.

In addition to financial considerations, a degree from Rockhurst also offers students networking opportunities with industry professionals, access to cutting-edge research, and hands-on experience through internships and cooperative education programs. These factors contribute not only to immediate job placement but also to long-term career advancement.

Investing in a Mechanical Engineering degree from Rockhurst University can lead to a fulfilling career filled with opportunities for growth and advancement. As graduates progress in their careers, they often find that their earning potential increases significantly, reinforcing the value of their initial investment in education.

In conclusion, the ROI of a Mechanical Engineering degree from Rockhurst University is compelling. With a strong academic reputation, robust career support, and promising salary prospects, students can confidently pursue their passion for engineering while securing their financial 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.

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