Mechanical Engineering Degree from University of Tulsa Return on Investment

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

F D C B A
Approximate Total Payment $248,738
Approximate Total Interest $70,401
Monthly Payment $1727.35
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 tulsa

Mechanical engineers

Projection Rating: C+

Median Annual Wage: $99,510

Percentage of Paycheck to Repay: 20.83%-15.50%

Employment Change: 32.1%

Entry-Level Education: Bachelor's degree

Aerospace engineers

Projection Rating: B-

Median Annual Wage: $130,720

Percentage of Paycheck to Repay: 15.86%-11.80%

Employment Change: 4.1%

Entry-Level Education: Bachelor's degree

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Investing in a Mechanical Engineering degree from the University of Tulsa offers a significant return on investment (ROI) for students seeking a rewarding career in a dynamic field. With a strong curriculum that combines theoretical knowledge and practical application, graduates are well-equipped to enter the workforce with a competitive edge.

The University of Tulsa's Mechanical Engineering program emphasizes hands-on experience, state-of-the-art facilities, and access to industry-leading technology. This commitment to quality education enhances job readiness and equips students with the skills that employers demand. As a result, graduates often secure high-paying positions in various sectors, including aerospace, automotive, energy, and manufacturing.

According to recent statistics, graduates of the University of Tulsa's Mechanical Engineering program see an impressive starting salary that reflects the robust demand for engineers in the job market. Many alumni report salary increases as they gain experience, further boosting the ROI of their educational investment.

Furthermore, the University of Tulsa's extensive alumni network and career services provide invaluable resources for job placement, internships, and networking opportunities. These connections can significantly enhance a graduate's career trajectory and earning potential, making the decision to pursue a degree in Mechanical Engineering a wise financial choice.

In summary, the Mechanical Engineering degree from the University of Tulsa not only prepares students for successful careers but also offers an attractive return on investment. With strong earning potential, hands-on learning experiences, and robust career support, choosing this path could be one of the best financial decisions a student can make.

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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