Mechanical Engineering Degree from University of Central Florida Return on Investment

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

F D C B A
Approximate Total Payment $99,610
Approximate Total Interest $28,193
Monthly Payment $691.74
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 university of central florida

Mechanical engineers

Projection Rating: A-

Median Annual Wage: $99,510

Percentage of Paycheck to Repay: 8.34%-6.21%

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: 6.35%-4.73%

Employment Change: 4.1%

Entry-Level Education: Bachelor's degree

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Investing in a Mechanical Engineering degree from the University of Central Florida (UCF) is a decision that can yield significant returns over your career. UCF's robust engineering program equips students with the essential skills and knowledge needed to thrive in a competitive job market. Graduates emerge with a strong foundation in engineering principles, hands-on experience, and access to a vast network of industry connections.

One of the most compelling aspects of pursuing a Mechanical Engineering degree at UCF is the impressive salary potential. According to recent data, UCF graduates in mechanical engineering report starting salaries that are above the national average. This high earning potential can lead to a remarkable return on investment (ROI), especially when considering the reasonable tuition costs compared to other institutions.

In addition to financial benefits, a degree from UCF opens doors to various career opportunities in industries such as aerospace, automotive, energy, and manufacturing. The university's strong emphasis on innovation and research enhances students’ employability, allowing them to work on cutting-edge projects and technologies that shape the future.

Moreover, UCF's partnerships with local and national companies provide students with internships and co-op opportunities, further increasing their practical experience and job readiness. These real-world experiences not only enrich the educational journey but also significantly enhance a graduate's resume, making them more attractive to potential employers.

Beyond immediate financial returns, a Mechanical Engineering degree from UCF fosters long-term career growth. Graduates often find themselves in leadership positions, driving projects that contribute to technological advancements and societal improvements. The skills and knowledge gained during their studies empower them to adapt to industry changes and pursue continuous professional development.

In summary, a Mechanical Engineering degree from the University of Central Florida offers an impressive return on investment through competitive salaries, diverse career opportunities, and extensive industry connections. Choosing UCF means investing in a future filled with potential and success in the dynamic field of engineering.

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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