Electrical, Electronic, and Communications Engineering Technology, Technician Degree from Springfield Technical Community College Return on Investment
See what the return on investment is for jobs that someone with a Electrical, Electronic, and Communications Engineering Technology, Technician degree from Springfield Technical Community College is likely to work in.
Top job projections for graduates in electrical, electronic, and communications engineering technology, technician from springfield technical community college
Electrical and electronic engineering technologists and technicians
Projection Rating: A-
Median Annual Wage: $72,800
Percentage of Paycheck to Repay: 7.53%-5.60%
Employment Change: 3%
Entry-Level Education: Associate's degree
Electronics engineers, except computer
Projection Rating: A
Median Annual Wage: $119,200
Percentage of Paycheck to Repay: 4.60%-3.42%
Employment Change: 8.9%
Entry-Level Education: Bachelor's degree
When considering a career in the rapidly evolving fields of electrical, electronic, and communications engineering technology, one of the most important factors to evaluate is the return on investment (ROI) of your educational choices. Springfield Technical Community College (STCC) offers a comprehensive Technician Degree that prepares students for a rewarding career in these high-demand industries. Here’s a closer look at the ROI associated with earning this degree.
Graduates of the Electrical, Electronic, and Communications Engineering Technology program at STCC benefit from a curriculum designed to equip them with the practical skills and theoretical knowledge necessary to excel in the workforce. The program includes hands-on training, access to state-of-the-art labs, and opportunities for real-world experience, ensuring that students are job-ready upon graduation.
In terms of financial investment, the cost of attending STCC is significantly lower than that of a four-year university. This means that students can earn their degree without accumulating substantial debt. Additionally, graduates can expect competitive salaries in various sectors, including telecommunications, manufacturing, and renewable energy.
According to industry data, entry-level positions for technicians in electrical and electronic engineering typically offer salaries ranging from $45,000 to $65,000 annually. With experience, professionals can see their earnings increase substantially, with many advancing to managerial or specialized roles that command salaries exceeding $80,000 per year.
The strong job placement rates for STCC graduates further enhance the ROI. The demand for skilled technicians is on the rise, driven by advancements in technology and an increasing need for infrastructure development. Employers actively seek out STCC graduates for their practical skills and solid educational background, making it easier for them to secure employment soon after graduation.
Moreover, the skills acquired through the Technician Degree program are transferable and applicable across various industries, providing graduates with flexibility in their career paths. This adaptability ensures that graduates can navigate shifts in job markets and pursue opportunities in emerging fields such as smart technology and automation.
Investing in an Electrical, Electronic, and Communications Engineering Technology Technician Degree from Springfield Technical Community College not only provides a solid foundation for a successful career but also offers a favorable return on investment. With lower tuition costs, strong earning potential, and high employability, STCC graduates are well-positioned to thrive in the dynamic landscape of engineering technology.
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.