Mechanical Engineering Degree from Rose – Hulman Institute of Technology Return on Investment

See what the return on investment is for jobs that someone with a Mechanical Engineering degree from Rose – Hulman Institute of Technology is likely to work in.

F D C B A
Approximate Total Payment $288,149
Approximate Total Interest $81,556
Monthly Payment $2001.04
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 rose - hulman institute of technology

Mechanical engineers

Projection Rating: C

Median Annual Wage: $99,510

Percentage of Paycheck to Repay: 24.13%-17.96%

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: 18.37%-13.67%

Employment Change: 4.1%

Entry-Level Education: Bachelor's degree

Don't see the job you're looking for? Click here.

The Mechanical Engineering Degree from Rose-Hulman Institute of Technology offers an exceptional return on investment (ROI) for students seeking a rewarding career in engineering. With a focus on hands-on learning and real-world applications, this program equips graduates with the skills and knowledge needed to excel in various industries.

One of the key factors contributing to the high ROI of a Mechanical Engineering degree from Rose-Hulman is the institute's strong emphasis on practical experience. Students engage in innovative projects, collaborate with industry leaders, and participate in internships that enhance their employability upon graduation.

Furthermore, Rose-Hulman's exceptional faculty, state-of-the-art facilities, and rich network of alumni provide students with invaluable resources and support. Graduates consistently report high starting salaries and strong job placement rates, making this degree a wise financial investment.

Employers recognize the quality of education at Rose-Hulman, leading to a competitive edge in the job market. According to recent data, graduates in Mechanical Engineering have seen impressive salary growth, with many securing positions in top-tier companies across the globe.

In addition to financial benefits, pursuing a Mechanical Engineering degree at Rose-Hulman fosters critical thinking, problem-solving, and teamwork skills, all of which are essential in today’s rapidly evolving technological landscape. This holistic approach to education not only increases earning potential but also prepares students for long-term career success.

In summary, investing in a Mechanical Engineering degree from Rose-Hulman Institute of Technology is not just an educational choice; it’s a strategic move towards a prosperous future. With a robust ROI, graduates are well-equipped to tackle the challenges of the engineering field and contribute meaningfully to their chosen industries.

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.

Get your personalized projection here!