Naval Architecture and Marine Engineering Degree from University of New Orleans Return on Investment

See what the return on investment is for jobs that someone with a Naval Architecture and Marine Engineering degree from University of New Orleans is likely to work in.

F D C B A
Approximate Total Payment $85,172
Approximate Total Interest $24,107
Monthly Payment $591.47
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 naval architecture and marine engineering from university of new orleans

Marine engineers and naval architects

Projection Rating: A-

Median Annual Wage: $100,270

Percentage of Paycheck to Repay: 7.08%-5.27%

Employment Change: 0.8%

Entry-Level Education: Bachelor's degree

Mechanical engineers

Projection Rating: A-

Median Annual Wage: $99,510

Percentage of Paycheck to Repay: 7.13%-5.31%

Employment Change: 32.1%

Entry-Level Education: Bachelor's degree

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The Naval Architecture and Marine Engineering Degree from the University of New Orleans offers an exceptional return on investment for students aspiring to excel in the maritime industry. With a curriculum designed to combine theoretical knowledge with practical skills, graduates are well-prepared to tackle the challenges of designing and building ships, submarines, and offshore structures.

One of the key factors influencing the return on investment is the university's strong industry connections. The University of New Orleans is located near the Gulf of Mexico, providing students with unique opportunities for internships and hands-on experience in a thriving maritime hub. These connections often lead to job placements, ensuring that graduates start their careers with a competitive edge.

The demand for skilled professionals in naval architecture and marine engineering continues to grow, driven by advancements in technology and increasing global trade. Graduates of the program can pursue a variety of career paths, from ship design and marine systems engineering to research and development in marine technologies. This diverse range of opportunities translates into attractive salary prospects, further enhancing the program's return on investment.

Additionally, the University of New Orleans offers affordable tuition rates compared to many other institutions, making the Naval Architecture and Marine Engineering Degree an economically sound choice. With financial aid options and scholarships available, students can minimize their educational expenses while maximizing their potential for high-paying job placements post-graduation.

Investing in a degree from the University of New Orleans means investing in a future filled with possibilities. The combination of rigorous academic training, practical experience, and strong industry ties ensures that graduates are not only job-ready but also positioned for long-term career success. Explore the potential return on investment of a Naval Architecture and Marine Engineering Degree today and take the first step toward a rewarding career in the maritime field.

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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