Mechanical Engineering, Mechanical Technology, Technician Degree from Vermont Technical College Return on Investment

See what the return on investment is for jobs that someone with a Mechanical Engineering, Mechanical Technology, Technician degree from Vermont Technical College is likely to work in.

F D C B A
Approximate Total Payment $119,535
Approximate Total Interest $33,833
Monthly Payment $830.11
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 mechanical engineering, mechanical technology, technician from vermont technical college

Mechanical engineering technologists and technicians

Projection Rating: B-

Median Annual Wage: $64,020

Percentage of Paycheck to Repay: 15.56%-11.58%

Employment Change: 0.8%

Entry-Level Education: Associate's degree

Mechanical engineers

Projection Rating: B+

Median Annual Wage: $99,510

Percentage of Paycheck to Repay: 10.01%-7.45%

Employment Change: 32.1%

Entry-Level Education: Bachelor's degree

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Investing in your education can be one of the most significant decisions you make for your future. At Vermont Technical College, our Mechanical Engineering, Mechanical Technology, and Technician Degree programs offer an impressive return on investment (ROI) that aligns with the demands of today’s job market.

The mechanical engineering field is continually evolving, with technology playing a crucial role in various industries, including manufacturing, automotive, aerospace, and robotics. Graduates from our programs are equipped with the practical skills and theoretical knowledge needed to excel in these rapidly advancing sectors.

According to recent studies, graduates with a degree in mechanical engineering or technology can expect a substantial increase in earning potential compared to those without a degree. The average starting salary for our graduates often surpasses the national average, making it a financially sound choice for students looking to maximize their ROI.

Additionally, the hands-on training and real-world experience provided by Vermont Technical College ensure that students are job-ready upon graduation. Our strong partnerships with local industries facilitate internships and job placements, further enhancing the employability of our graduates.

By choosing a Mechanical Engineering or Technician Degree from Vermont Technical College, you are not just investing in your education; you are investing in a stable and lucrative career path. With a focus on practical skills and a robust curriculum, our programs are designed to produce graduates who are highly sought after by employers across the country.

In summary, the ROI of pursuing a Mechanical Engineering, Mechanical Technology, or Technician Degree at Vermont Technical College is significant. With high starting salaries, excellent job placement rates, and a curriculum that prepares you for the challenges of the industry, your investment in education will pay off for years to come.

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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