Mechanical Engineering Degree from University of Connecticut Return on Investment

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

F D C B A
Approximate Total Payment $135,991
Approximate Total Interest $38,490
Monthly Payment $944.38
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 connecticut

Mechanical engineers

Projection Rating: B+

Median Annual Wage: $99,510

Percentage of Paycheck to Repay: 11.39%-8.47%

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: 8.67%-6.45%

Employment Change: 4.1%

Entry-Level Education: Bachelor's degree

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

The decision to pursue a Mechanical Engineering degree from the University of Connecticut (UConn) is not just about gaining knowledge and skills; it's also about understanding the return on investment (ROI) associated with this academic choice. UConn's Mechanical Engineering program is renowned for its rigorous curriculum, state-of-the-art facilities, and dedicated faculty, providing students with a comprehensive education that prepares them for successful careers in various industries.

When evaluating the ROI of a Mechanical Engineering degree from UConn, consider the following factors:

  • High Earning Potential: Graduates from UConn's Mechanical Engineering program often secure high-paying positions in sectors such as aerospace, automotive, manufacturing, and energy. According to recent data, UConn engineering graduates can expect starting salaries well above the national average, with many earning six-figure incomes within a few years of graduation.
  • Job Placement Rates: UConn boasts impressive job placement rates for its engineering graduates. The university's strong connections with industry leaders and a robust career services department help students find internships and job opportunities, ensuring they enter the workforce with experience and competitive advantages.
  • Networking Opportunities: UConn's extensive alumni network and partnerships with local businesses provide Mechanical Engineering students with invaluable networking opportunities. Engaging with alumni can lead to mentorship, internships, and job offers, further enhancing the ROI of your degree.
  • Comprehensive Skill Set: The Mechanical Engineering program at UConn equips students with a diverse range of skills, including problem-solving, project management, and technical expertise. These competencies are highly sought after in the job market, making graduates more versatile and employable.
  • Graduate School Opportunities: For those interested in furthering their education, a degree from UConn opens doors to prestigious graduate programs. Advanced degrees can significantly increase earning potential and career advancement opportunities.

In summary, the Mechanical Engineering degree from the University of Connecticut offers a compelling return on investment. With high earning potential, excellent job placement rates, extensive networking opportunities, and a robust skill set, graduates are well-equipped to excel in their careers. By choosing UConn, you're not just investing in your education; you're investing in your 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.

Get your personalized projection here!