Mechanical Engineering Degree from University of Massachusetts – Lowell Return on Investment
See what the return on investment is for jobs that someone with a Mechanical Engineering degree from University of Massachusetts – Lowell is likely to work in.
Top job projections for graduates in mechanical engineering from university of massachusetts - lowell
Mechanical engineers
Projection Rating: A-
Median Annual Wage: $99,510
Percentage of Paycheck to Repay: 9.98%-7.43%
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: 7.60%-5.65%
Employment Change: 4.1%
Entry-Level Education: Bachelor's degree
Investing in a Mechanical Engineering degree from the University of Massachusetts – Lowell is not just about acquiring knowledge; it's about securing a prosperous future. With a robust curriculum that combines theoretical foundations and hands-on experience, UMass Lowell prepares students for the challenges of the engineering workforce.
The return on investment (ROI) for a Mechanical Engineering degree is significant. Graduates from UMass Lowell consistently report competitive salaries that reflect the high demand for skilled engineers in various industries. According to recent statistics, mechanical engineers in Massachusetts earn an average salary that is above the national average, making this degree a financially sound choice.
Moreover, UMass Lowell's strong industry connections facilitate internships and job placements, enhancing employability and providing students with valuable networking opportunities. The university's commitment to innovation and research also allows students to work on cutting-edge projects, further increasing their marketability upon graduation.
In addition to impressive earning potential, a Mechanical Engineering degree from UMass Lowell equips graduates with critical problem-solving skills and technical expertise that are applicable in numerous fields, including aerospace, automotive, and renewable energy. This versatility not only broadens career prospects but also provides stability in an ever-evolving job market.
Choosing UMass Lowell for your Mechanical Engineering degree means investing in a bright future with substantial returns. With a dedicated faculty, state-of-the-art facilities, and a comprehensive education, students are well-positioned to excel in their careers and contribute to technological advancements worldwide.
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.