Ocean Engineering Degree from University of Delaware Return on Investment

See what the return on investment is for jobs that someone with a Ocean Engineering degree from University of Delaware is likely to work in.

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Approximate Total Payment $117,790
Approximate Total Interest $33,339
Monthly Payment $817.99
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 ocean engineering from university of delaware

Marine engineers and naval architects

Projection Rating: A-

Median Annual Wage: $100,270

Percentage of Paycheck to Repay: 9.79%-7.28%

Employment Change: 0.8%

Entry-Level Education: Bachelor's degree

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The Ocean Engineering Degree from the University of Delaware offers an exceptional return on investment (ROI) for aspiring engineers looking to make a significant impact in the maritime industry. With a robust curriculum that combines theoretical knowledge and practical skills, graduates are well-prepared to tackle real-world challenges in ocean and coastal engineering.

One of the key factors contributing to the degree's impressive ROI is the university's strong industry connections. The University of Delaware collaborates with leading organizations, providing students with valuable internship opportunities and access to cutting-edge research projects. This experiential learning not only enhances employability but also equips graduates with the tools needed to excel in their careers.

Moreover, the demand for ocean engineers is on the rise, driven by increasing investments in sustainable energy, environmental protection, and coastal infrastructure. Graduates of the Ocean Engineering program can expect competitive starting salaries and a wide range of career opportunities in both the private and public sectors. According to recent statistics, alumni report an average starting salary significantly above the national average, making this degree a financially sound choice.

In addition to financial benefits, the Ocean Engineering program fosters a strong professional network. Alumni often stay connected with the university, providing mentorship and job opportunities for new graduates. This support system enhances career advancement and can lead to increased earning potential over time.

Ultimately, pursuing an Ocean Engineering Degree from the University of Delaware is not just an investment in education; it's a strategic move towards a fulfilling and lucrative career in a field that is critical to our planet's future. With its combination of academic excellence, real-world experience, and strong industry ties, the program stands out as a wise choice for students dedicated to making a difference in ocean 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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