Mechanical Engineering Degree from Temple University Return on Investment
See what the return on investment is for jobs that someone with a Mechanical Engineering degree from Temple University is likely to work in.
Top job projections for graduates in mechanical engineering from temple university
Mechanical engineers
Projection Rating: B+
Median Annual Wage: $99,510
Percentage of Paycheck to Repay: 11.49%-8.55%
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: 8.75%-6.51%
Employment Change: 4.1%
Entry-Level Education: Bachelor's degree
Investing in your education is a significant decision, particularly when considering a Mechanical Engineering Degree from Temple University. This degree not only equips you with essential skills in engineering principles, design, and technology but also offers an impressive return on investment (ROI) that can significantly impact your career trajectory.
Temple University, located in the heart of Philadelphia, is renowned for its rigorous engineering programs and hands-on learning opportunities. Graduates of the Mechanical Engineering program have access to a wide range of career paths, from automotive and aerospace to energy and manufacturing industries. The demand for skilled mechanical engineers continues to grow, resulting in competitive salaries and job stability.
According to recent statistics, the average starting salary for mechanical engineering graduates is notably higher than that of many other fields. With a degree from Temple University, you can expect to earn a competitive salary that reflects the quality of your education and training. The university’s strong connections with local industries and its emphasis on internships and co-op programs further enhance your employability and potential earnings.
Additionally, Temple University offers numerous resources to support your career development, including job fairs, networking events, and personalized career counseling. This commitment to student success not only prepares you for the workforce but also increases your ROI by helping you secure positions that align with your career goals.
In conclusion, a Mechanical Engineering Degree from Temple University is more than just a diploma; it's an investment in your future. With its strong academic reputation, comprehensive curriculum, and robust career support services, you can expect a favorable return on your investment, paving the way for a successful and rewarding 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.