Barber Degree from Northern New Mexico College Return on Investment

See what the return on investment is for jobs that someone with a Barber degree from Northern New Mexico College is likely to work in.

F D C B A
Approximate Total Payment $73,054
Approximate Total Interest $20,677
Monthly Payment $507.32
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 barber from northern new mexico college

Barbers

Projection Rating: B-

Median Annual Wage: $36,150

Percentage of Paycheck to Repay: 16.84%-12.53%

Employment Change: 5%

Entry-Level Education: Postsecondary nondegree award

Don't see the job you're looking for? Click here.

The decision to pursue a Barber Degree from Northern New Mexico College (NNMC) can be a transformative step for aspiring barbers looking to build a successful career in the grooming industry. One of the key considerations for potential students is the return on investment (ROI) of their educational choices. By examining the financial benefits and career opportunities that come with this degree, it's clear that NNMC offers a valuable pathway to professional success.

Investing in a Barber Degree at NNMC provides students with comprehensive training in cutting, styling, and grooming techniques, all taught by experienced instructors. This hands-on education not only equips graduates with essential skills but also enhances their employability in a competitive job market. Graduates can expect to work in various settings, from trendy salons to barbershops, and even pursue entrepreneurial ventures by opening their own businesses.

The ROI of a Barber Degree from NNMC is reflected in the potential earnings. According to industry reports, skilled barbers can earn a substantial income, often ranging from $30,000 to $60,000 annually, depending on location and experience. Additionally, many barbers enjoy the flexibility of their schedule and the opportunity for tips, which can significantly boost their overall earnings.

Furthermore, the demand for skilled barbers continues to grow, with the Bureau of Labor Statistics projecting a steady increase in job opportunities in the coming years. This trend suggests that graduates of the Barber Degree program at NNMC will have a strong chance of securing stable employment shortly after completing their studies.

Choosing Northern New Mexico College for your Barber Degree not only provides you with the necessary skills and knowledge but also represents a strategic investment in your future. With a focus on student success, NNMC prepares graduates to thrive in the barbering industry, ensuring that your educational journey yields significant returns in both personal and financial aspects.

In conclusion, the Barber Degree from Northern New Mexico College is more than just an educational credential; it’s a stepping stone toward a rewarding career. With its blend of quality training, strong earning potential, and growing job market, NNMC's Barber Degree stands out as a smart investment for those looking to make their mark in the grooming 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.

Get your personalized projection here!