Mechanical Engineering Degree from University of Massachusetts – Amherst Return on Investment
See what the return on investment is for jobs that someone with a Mechanical Engineering degree from University of Massachusetts – Amherst is likely to work in.
Top job projections for graduates in mechanical engineering from university of massachusetts - amherst
Mechanical engineers
Projection Rating: B+
Median Annual Wage: $99,510
Percentage of Paycheck to Repay: 11.07%-8.24%
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: 8.43%-6.27%
Employment Change: 4.1%
Entry-Level Education: Bachelor's degree
Investing in a Mechanical Engineering degree from the University of Massachusetts Amherst offers a significant return on investment (ROI) for aspiring engineers. As one of the premier engineering programs in the country, UMass Amherst equips students with the skills and knowledge required to excel in a rapidly evolving industry.
The ROI of a Mechanical Engineering degree is evident through competitive starting salaries and robust career opportunities. Graduates from UMass Amherst often find positions in leading companies across various sectors, including automotive, aerospace, energy, and manufacturing. According to recent data, the average starting salary for UMass Mechanical Engineering graduates is significantly higher than the national average, enhancing the value of your investment.
Moreover, UMass Amherst's strong alumni network and industry connections provide students with valuable internship opportunities and job placements, further boosting their career prospects. With hands-on learning experiences and state-of-the-art facilities, students gain practical skills that are highly sought after by employers.
Financially, the cost of attending UMass Amherst is competitive compared to other institutions, making it an accessible option for many students. When considering the long-term earning potential and job stability that comes with a Mechanical Engineering degree, it becomes clear that the investment pays off.
In conclusion, pursuing a Mechanical Engineering degree from the University of Massachusetts Amherst is a smart investment. With a strong ROI, excellent job placement rates, and a comprehensive education, graduates are well-prepared to enter the workforce and achieve their career goals.
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.