Machine Tool Technology Degree from Northeast Community College Return on Investment

See what the return on investment is for jobs that someone with a Machine Tool Technology degree from Northeast Community College is likely to work in.

F D C B A
Approximate Total Payment $57,884
Approximate Total Interest $16,383
Monthly Payment $401.97
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 machine tool technology from northeast community college

Machinists

Projection Rating: A-

Median Annual Wage: $50,840

Percentage of Paycheck to Repay: 9.49%-7.06%

Employment Change: 5%

Entry-Level Education: High school diploma or equivalent

Tool and die makers

Projection Rating: A-

Median Annual Wage: $61,490

Percentage of Paycheck to Repay: 7.84%-5.84%

Employment Change: -5.8%

Entry-Level Education: Postsecondary nondegree award

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Investing in your education is a crucial decision, and choosing a Machine Tool Technology degree from Northeast Community College can offer significant returns. This program equips students with essential skills in machining, manufacturing processes, and advanced technology, preparing them for a rewarding career in a high-demand field.

The return on investment (ROI) for obtaining a Machine Tool Technology degree is compelling. Graduates often secure positions with competitive salaries, reflecting the skills and expertise gained during their studies. The hands-on training, combined with access to state-of-the-art equipment, ensures that students are job-ready upon graduation.

Furthermore, the demand for skilled machinists and technicians continues to rise. Industries such as aerospace, automotive, and manufacturing are seeking qualified professionals, leading to a strong job market for graduates. By investing in your education at Northeast Community College, you not only gain technical knowledge but also increase your employability and earning potential.

Additionally, the college offers valuable resources, such as job placement assistance and industry connections, to help students transition into the workforce smoothly. This support system enhances the overall value of the Machine Tool Technology degree, making it a smart investment for your future.

In conclusion, pursuing a Machine Tool Technology degree at Northeast Community College is not just an academic choice; it’s a strategic investment in your career. With the promise of strong job prospects, competitive salaries, and robust support services, your decision to enroll can lead to a fulfilling and financially rewarding future in the machining industry.

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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