Mining and Mineral Engineering Degree from Southern Illinois University – Carbondale Return on Investment

See what the return on investment is for jobs that someone with a Mining and Mineral Engineering degree from Southern Illinois University – Carbondale is likely to work in.

F D C B A
Approximate Total Payment $126,606
Approximate Total Interest $35,834
Monthly Payment $879.21
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 mining and mineral engineering from southern illinois university - carbondale

Mining and geological engineers, including mining safety engineers

Projection Rating: B+

Median Annual Wage: $100,640

Percentage of Paycheck to Repay: 10.48%-7.80%

Employment Change: 0.1%

Entry-Level Education: Bachelor's degree

Materials engineers

Projection Rating: B+

Median Annual Wage: $104,100

Percentage of Paycheck to Repay: 10.13%-7.54%

Employment Change: 1.8%

Entry-Level Education: Bachelor's degree

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The Mining and Mineral Engineering Degree from Southern Illinois University – Carbondale offers an exceptional return on investment for aspiring professionals in the mining industry. With a strong emphasis on practical experience and cutting-edge research, this program equips students with the skills necessary to thrive in various mining sectors.

Graduates of this program enjoy a competitive edge in the job market, as they receive comprehensive training in geology, mineral processing, and environmental management. The curriculum is designed to meet industry demands, ensuring that students are well-prepared to tackle real-world challenges in mining and mineral engineering.

One of the key benefits of earning a Mining and Mineral Engineering Degree from SIU Carbondale is the potential for high starting salaries. The mining sector is known for its lucrative compensation packages, and graduates can expect to secure rewarding positions in both domestic and international markets. Additionally, the university's strong network of alumni and partnerships with leading mining companies enhance job placement opportunities.

Investing in your education at Southern Illinois University – Carbondale not only provides you with a solid academic foundation but also opens doors to a fulfilling career in a vital industry. With a focus on innovation and sustainability, this degree prepares students to contribute meaningfully to the future of mining and mineral resources.

In conclusion, pursuing a Mining and Mineral Engineering Degree at SIU Carbondale is an investment in your future that promises significant returns, both financially and professionally. Take the first step towards a successful career by exploring the opportunities this program has to offer.

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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