Engineering Technology Degree from Massachusetts Bay Community College Return on Investment

See what the return on investment is for jobs that someone with a Engineering Technology degree from Massachusetts Bay Community College is likely to work in.

F D C B A
Approximate Total Payment $81,985
Approximate Total Interest $23,204
Monthly Payment $569.34
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 engineering technology from massachusetts bay community college

Engineering technologists and technicians, except drafters, all other

Projection Rating: A-

Median Annual Wage: $73,500

Percentage of Paycheck to Repay: 9.30%-6.92%

Employment Change: 3.1%

Entry-Level Education: Associate's degree

Industrial engineers

Projection Rating: A-

Median Annual Wage: $99,380

Percentage of Paycheck to Repay: 6.87%-5.12%

Employment Change: 40.9%

Entry-Level Education: Bachelor's degree

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The Engineering Technology degree from Massachusetts Bay Community College (MassBay) offers a compelling return on investment for students seeking to advance their careers in the engineering field. With a strong focus on practical skills and hands-on experience, this program equips graduates with the knowledge necessary to thrive in a competitive job market.

One of the key benefits of pursuing an Engineering Technology degree at MassBay is the affordable tuition compared to other institutions, allowing students to minimize debt while gaining a quality education. Graduates can expect to enter the workforce with a strong foundation in engineering principles, making them highly attractive to employers.

Additionally, MassBay's partnerships with local industries provide students with valuable internship opportunities, further enhancing their employability. Graduates often find positions in various sectors, including manufacturing, construction, and electronics, leading to lucrative career paths.

The demand for skilled engineers continues to grow, and with a degree from MassBay, students position themselves for success in this expanding job market. Alumni of the Engineering Technology program frequently report satisfying salaries and opportunities for advancement, demonstrating the program's effectiveness in fostering career growth.

In summary, investing in an Engineering Technology degree from Massachusetts Bay Community College not only provides students with essential skills and knowledge but also offers a significant return on investment through enhanced job prospects, competitive salaries, and a supportive educational environment.

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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