Mechanical Engineering Degree from University of Delaware Return on Investment
See what the return on investment is for jobs that someone with a Mechanical Engineering degree from University of Delaware is likely to work in.
Top job projections for graduates in mechanical engineering from university of delaware
Mechanical engineers
Projection Rating: A-
Median Annual Wage: $99,510
Percentage of Paycheck to Repay: 9.86%-7.34%
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: 7.51%-5.59%
Employment Change: 4.1%
Entry-Level Education: Bachelor's degree
The decision to pursue a Mechanical Engineering degree from the University of Delaware is not just an educational choice; it's an investment in your future. As one of the top engineering programs in the nation, the University of Delaware equips students with the skills and knowledge necessary to excel in a competitive job market. But what does the return on investment (ROI) look like for graduates?
Graduates from the University of Delaware's Mechanical Engineering program enjoy a strong ROI, backed by impressive starting salaries and high employment rates. According to recent data, the average starting salary for mechanical engineers from the University is significantly above the national average, reflecting the quality of education and the demand for skilled engineers in various industries.
Moreover, the University of Delaware boasts a robust network of alumni who work in leading companies across sectors such as aerospace, automotive, energy, and robotics. This network can provide valuable connections and job opportunities for recent graduates, further enhancing the ROI of their degree.
In addition to financial benefits, a degree in Mechanical Engineering from the University of Delaware opens doors to advanced education and specialization. Many graduates choose to pursue further studies, which can lead to even higher earning potential and career advancement.
Furthermore, the University of Delaware emphasizes hands-on experience through internships, co-ops, and research opportunities. These practical experiences not only enrich the educational journey but also increase employability and readiness for the workforce, ensuring that graduates are not just prepared but competitive in their field.
In conclusion, investing in a Mechanical Engineering degree from the University of Delaware is a strategic decision that offers substantial returns, both financially and professionally. With a strong foundation in engineering principles, access to a powerful alumni network, and a wealth of practical experiences, students are well-positioned to achieve their career goals and enjoy long-term success in the engineering field.
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.