Mechanical Engineering Degree from University of Wisconsin – Milwaukee Return on Investment

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

F D C B A
Approximate Total Payment $104,467
Approximate Total Interest $29,568
Monthly Payment $725.46
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 wisconsin - milwaukee

Mechanical engineers

Projection Rating: A-

Median Annual Wage: $99,510

Percentage of Paycheck to Repay: 8.75%-6.51%

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: 6.66%-4.96%

Employment Change: 4.1%

Entry-Level Education: Bachelor's degree

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Investing in your education is a crucial decision, and understanding the return on investment (ROI) for a Mechanical Engineering degree from the University of Wisconsin-Milwaukee (UWM) is essential for prospective students. UWM's Mechanical Engineering program is designed to equip students with the skills and knowledge necessary to thrive in a competitive job market.

With a strong emphasis on hands-on experience, students engage in practical projects that prepare them for real-world challenges. UWM’s faculty members are industry experts who provide invaluable insights and mentorship, ensuring that graduates are well-prepared to enter the workforce.

Graduates from UWM’s Mechanical Engineering program have a track record of securing high-paying jobs in various industries, including automotive, aerospace, robotics, and renewable energy. According to recent data, the average starting salary for UWM Mechanical Engineering graduates is competitive, often exceeding industry benchmarks. This strong earning potential highlights the value of the degree and reinforces its status as a smart investment.

Additionally, UWM offers extensive career services, networking opportunities, and job placement assistance, further enhancing the ROI of a Mechanical Engineering degree. The university's strong connections with local and national companies provide students with internship opportunities that can lead to full-time positions upon graduation.

In summary, pursuing a Mechanical Engineering degree from the University of Wisconsin-Milwaukee not only equips students with a robust education but also offers significant financial returns in the form of high starting salaries and numerous career opportunities. As you consider your educational options, weigh the benefits of this program, and take the first step towards a rewarding career in engineering.

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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