Mechanical Engineering Degree from Washington State University Return on Investment

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

F D C B A
Approximate Total Payment $133,858
Approximate Total Interest $37,886
Monthly Payment $929.57
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 washington state university

Mechanical engineers

Projection Rating: B+

Median Annual Wage: $99,510

Percentage of Paycheck to Repay: 11.21%-8.34%

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: 8.53%-6.35%

Employment Change: 4.1%

Entry-Level Education: Bachelor's degree

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When considering a degree in mechanical engineering, prospective students often weigh the potential return on investment (ROI) as a crucial factor in their decision-making process. Washington State University (WSU) offers a comprehensive mechanical engineering program that not only equips students with the technical skills necessary for success but also promises a strong ROI upon graduation.

The mechanical engineering degree from Washington State University is designed to provide students with a deep understanding of the principles of engineering, coupled with hands-on experience in cutting-edge labs and projects. Graduates emerge with a robust skill set that is highly sought after in various industries, including aerospace, automotive, renewable energy, and manufacturing.

One of the key factors contributing to the favorable ROI of a mechanical engineering degree from WSU is the university's strong industry connections. WSU maintains partnerships with top employers, facilitating internships and job placements that allow students to gain valuable real-world experience while still in school. This not only enhances their resumes but also significantly boosts their employability upon graduation.

According to recent data, graduates from WSU's mechanical engineering program enjoy competitive starting salaries, often exceeding the national average for engineering graduates. The investment in education at WSU pays off, as alumni report high job placement rates and career advancement opportunities shortly after entering the workforce.

Additionally, WSU provides a wealth of resources for students, including career services, networking events, and mentorship programs. These resources are instrumental in helping students navigate their career paths and maximize their earning potential.

In summary, pursuing a mechanical engineering degree from Washington State University offers a compelling return on investment. With a strong curriculum, industry connections, and robust career support, graduates are well-prepared for successful careers in engineering, making their educational investment worthwhile.

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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