Construction Trades Degree from University of Alaska Fairbanks Return on Investment

See what the return on investment is for jobs that someone with a Construction Trades degree from University of Alaska Fairbanks is likely to work in.

F D C B A
Approximate Total Payment $77,360
Approximate Total Interest $21,896
Monthly Payment $537.22
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 construction trades from university of alaska fairbanks

Construction managers

Projection Rating: A-

Median Annual Wage: $104,900

Percentage of Paycheck to Repay: 6.15%-4.57%

Employment Change: 47.6%

Entry-Level Education: Bachelor's degree

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When considering a Construction Trades Degree from the University of Alaska Fairbanks, understanding the return on investment (ROI) is crucial for prospective students. This degree not only provides essential skills and knowledge but also opens the door to a variety of career opportunities in the construction industry.

The demand for skilled tradespeople continues to grow, with the U.S. Bureau of Labor Statistics projecting significant job growth in construction-related fields. By earning a Construction Trades Degree from UAF, students position themselves favorably in a competitive job market, leading to higher earning potential.

Graduates of the program often find themselves in roles such as construction managers, carpenters, electricians, and HVAC technicians, with salaries that can vary widely based on experience, location, and specific trade. According to recent data, individuals with a construction degree can earn upwards of $60,000 annually, significantly enhancing their financial stability.

Moreover, the University of Alaska Fairbanks offers hands-on training, industry partnerships, and a curriculum designed to meet the demands of the modern construction landscape. This practical experience not only enriches learning but also equips students with the skills employers seek, further increasing their employability and earning potential.

In addition to immediate job prospects, a Construction Trades Degree also provides a pathway for career advancement. Many graduates pursue further certifications or education, which can lead to supervisory roles or specialized positions that command even higher salaries.

Investing in a Construction Trades Degree from UAF is not just about immediate financial returns; it's also about long-term career satisfaction and growth. With a robust support system and a commitment to student success, the University of Alaska Fairbanks ensures that graduates are well-prepared to thrive in a dynamic and rewarding field.

In conclusion, the ROI of a Construction Trades Degree from the University of Alaska Fairbanks is clear. With strong job prospects, competitive salaries, and opportunities for advancement, this degree represents a smart investment in your future. Take the first step towards a fulfilling career in construction and explore the programs offered at UAF today.

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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