Mechanical Engineering Degree from University of Nebraska – Lincoln Return on Investment

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

F D C B A
Approximate Total Payment $107,346
Approximate Total Interest $30,383
Monthly Payment $745.46
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 nebraska - lincoln

Mechanical engineers

Projection Rating: A-

Median Annual Wage: $99,510

Percentage of Paycheck to Repay: 8.99%-6.69%

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: 6.84%-5.09%

Employment Change: 4.1%

Entry-Level Education: Bachelor's degree

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Investing in your education is a significant decision, and choosing to pursue a Mechanical Engineering degree from the University of Nebraska – Lincoln (UNL) can yield substantial returns. This esteemed program not only equips students with essential engineering principles but also enhances problem-solving and critical-thinking skills that are highly valued in today’s job market.

Graduates from UNL’s Mechanical Engineering program have consistently reported impressive employment rates and competitive salaries. According to recent data, the starting salary for mechanical engineering graduates can range significantly based on experience, geographic location, and industry, often exceeding national averages. With the increasing demand for skilled engineers in various sectors such as aerospace, automotive, and renewable energy, this degree positions graduates for lucrative opportunities.

Moreover, the University of Nebraska – Lincoln offers a robust network of alumni and industry connections that can aid in job placement and internships. Students benefit from hands-on experience through labs, projects, and co-op programs, further enhancing their employability. The university’s commitment to research and innovation allows students to engage in cutting-edge projects, making them attractive candidates for potential employers.

In terms of ROI, prospective students should also consider the affordability of tuition at UNL compared to other institutions. With various financial aid options, scholarships, and assistantships available, the university strives to make education accessible without compromising quality. Graduates who take advantage of these opportunities can offset their educational expenses, maximizing their return on investment.

In conclusion, a Mechanical Engineering degree from the University of Nebraska – Lincoln not only provides a solid educational foundation but also offers excellent potential for career advancement and financial success. By choosing UNL, students are investing in a future filled with opportunities in a dynamic and ever-evolving 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.

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