Instrumentation Technology Degree from Ranken Technical College Return on Investment

See what the return on investment is for jobs that someone with a Instrumentation Technology degree from Ranken Technical College is likely to work in.

F D C B A
Approximate Total Payment $113,221
Approximate Total Interest $32,045
Monthly Payment $786.26
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 instrumentation technology from ranken technical college

Electro-mechanical and mechatronics technologists and technicians

Projection Rating: B

Median Annual Wage: $65,080

Percentage of Paycheck to Repay: 14.50%-10.79%

Employment Change: -0.2%

Entry-Level Education: Associate's degree

Industrial engineering technologists and technicians

Projection Rating: B-

Median Annual Wage: $62,610

Percentage of Paycheck to Repay: 15.07%-11.21%

Employment Change: 3%

Entry-Level Education: Associate's degree

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The Instrumentation Technology Degree from Ranken Technical College offers a substantial return on investment (ROI) for students looking to advance their careers in the rapidly growing field of automation and control systems. In today's technology-driven world, skilled technicians are in high demand, and Ranken's comprehensive program equips graduates with the essential skills needed to excel in various industries.

Graduates of the Instrumentation Technology program benefit from hands-on training, industry-relevant coursework, and access to state-of-the-art equipment. This practical experience not only enhances learning but also makes students highly attractive to potential employers. According to recent data, graduates can expect to earn competitive salaries, with many securing positions within just months of completing their degree.

Moreover, Ranken Technical College boasts strong partnerships with leading companies in the field, providing students with valuable networking opportunities and potential job placements. The college's career services team is dedicated to helping graduates navigate the job market, ensuring they find positions that match their skills and aspirations.

Investing in an Instrumentation Technology Degree at Ranken Technical College is not just about education; it's about securing a prosperous future. With a strong emphasis on practical skills and real-world applications, students can expect a high ROI through increased earning potential and job stability. For those considering a career in instrumentation technology, Ranken provides a solid foundation for success in this dynamic and rewarding field.

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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