Mechanical Engineering Related Technologies Degree from Pennsylvania College of Technology Return on Investment
See what the return on investment is for jobs that someone with a Mechanical Engineering Related Technologies degree from Pennsylvania College of Technology is likely to work in.
Top job projections for graduates in mechanical engineering related technologies from pennsylvania college of technology
Mechanical engineering technologists and technicians
Projection Rating: B-
Median Annual Wage: $64,020
Percentage of Paycheck to Repay: 18.52%-13.78%
Employment Change: 0.8%
Entry-Level Education: Associate's degree
Industrial engineering technologists and technicians
Projection Rating: B-
Median Annual Wage: $62,610
Percentage of Paycheck to Repay: 18.94%-14.09%
Employment Change: 3%
Entry-Level Education: Associate's degree
When considering a degree in Mechanical Engineering Related Technologies from Pennsylvania College of Technology, one of the most critical factors to evaluate is the return on investment (ROI). This program not only equips students with essential engineering skills but also offers a pathway to lucrative career opportunities in a fast-growing field.
The ROI for a Mechanical Engineering Related Technologies degree is substantial, as graduates can expect competitive starting salaries and strong job placement rates. According to recent data, graduates from this program have reported an average starting salary significantly above the national average for similar fields. This is indicative of the high demand for skilled professionals in mechanical engineering and related technologies.
Pennsylvania College of Technology provides hands-on learning experiences, state-of-the-art facilities, and industry partnerships that enhance the educational experience. This practical approach not only prepares students for the workforce but also increases their value to potential employers, leading to better job offers and career advancement opportunities.
Moreover, the engineering field is projected to grow in the coming years, which means that graduates will likely see an increase in job opportunities and salary potential. The skills and knowledge acquired through this degree are applicable in various industries, including aerospace, automotive, manufacturing, and energy, making it a versatile choice for students.
In summary, investing in a Mechanical Engineering Related Technologies degree from Pennsylvania College of Technology is a smart financial decision. With high starting salaries, strong job placement rates, and growth potential in the engineering sector, students can expect a favorable return on their investment, paving the way for a successful and fulfilling career.
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.