Researched and Written by Griffin
It would take approximately 26 years to pay off a four-year degree for Aerospace Engineering earned at California Institute of Technology at the cost of $275,604.00, based on a median salary of $107,830 with a 10% annual payback rate of $10,783.00 a year.
It would take approximately 21 years to pay off a four-year degree for Electrical Engineering earned at Massachusetts Institute of Technology at the cost of $199,568.00, based on a median salary of $95,230.00 with a 10% annual payback rate of $9,523.00 a year.
It would take approximately 12 years to pay off a four-year degree for Optometry earned at UC Berkeley School of Optometry at the cost of $129,116.00, based on a median salary of $103,900.00 with a 10% annual payback rate of $10,390.00 a year.
It would take approximately 5 years to pay off a four-year degree for Law Enforcement/Police Officer earned at Sacramento State University at the cost of $27,600.00, based on a median salary of $60,270.00 with a 10% annual payback rate of $6,027.00 a year.
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