Mechanical Engineering Degree from Rowan University Return on Investment
See what the return on investment is for jobs that someone with a Mechanical Engineering degree from Rowan University is likely to work in.
Top job projections for graduates in mechanical engineering from rowan university
Mechanical engineers
Projection Rating: B+
Median Annual Wage: $99,510
Percentage of Paycheck to Repay: 10.70%-7.96%
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: 8.15%-6.06%
Employment Change: 4.1%
Entry-Level Education: Bachelor's degree
Investing in your education is a crucial decision, especially when it comes to pursuing a Mechanical Engineering degree from Rowan University. This program not only equips you with essential skills in design, analysis, and problem-solving but also offers a substantial return on investment (ROI) that can significantly enhance your career prospects.
Graduates from Rowan's Mechanical Engineering program benefit from a robust curriculum that combines theoretical knowledge with hands-on experience. This practical approach prepares students for the demands of the engineering field, making them highly sought after by employers. As a result, Rowan graduates often secure competitive salaries, providing a strong financial return on their educational investment.
According to recent data, the average starting salary for Rowan Mechanical Engineering graduates is notably higher than the national average for engineering graduates. With the growing demand for skilled engineers in various industries, including aerospace, automotive, and renewable energy, the job market for Rowan graduates remains strong.
In addition to high starting salaries, many graduates also experience rapid salary growth as they gain experience and advance in their careers. This upward trajectory enhances the overall ROI of a Mechanical Engineering degree from Rowan University, making it a wise choice for aspiring engineers.
Furthermore, Rowan University provides extensive networking opportunities, internships, and co-op programs that allow students to connect with industry professionals and gain valuable real-world experience. These connections can lead to job offers before graduation, further increasing the ROI of your degree.
In conclusion, a Mechanical Engineering degree from Rowan University is not just an educational achievement; it's a strategic investment in your future. With high starting salaries, excellent career growth potential, and valuable industry connections, the ROI of this degree is substantial. Choose Rowan University and pave the way for 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.