Machine Shop Technology Degree from Central Alabama Community College Return on Investment
See what the return on investment is for jobs that someone with a Machine Shop Technology degree from Central Alabama Community College is likely to work in.
Top job projections for graduates in machine shop technology from central alabama community college
Machinists
Projection Rating: A-
Median Annual Wage: $50,840
Percentage of Paycheck to Repay: 9.96%-7.41%
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: 8.24%-6.13%
Employment Change: -5.8%
Entry-Level Education: Postsecondary nondegree award
When considering a career in manufacturing and machining, understanding the return on investment (ROI) of your education is crucial. Central Alabama Community College (CACC) offers a comprehensive Machine Shop Technology Degree that not only equips students with essential skills but also provides significant financial and professional benefits.
The Machine Shop Technology program at CACC is designed to meet the evolving needs of the manufacturing industry. Students gain hands-on experience with state-of-the-art equipment, learning techniques that are directly applicable in the workforce. This practical approach ensures that graduates are job-ready, making them highly attractive to employers.
One of the most compelling aspects of pursuing a Machine Shop Technology Degree at CACC is the potential for a strong ROI. Graduates can expect competitive salaries, with many entry-level positions starting at $40,000 or more annually. Additionally, the demand for skilled machinists is on the rise, with projections indicating continued growth in the field. This ensures a steady stream of job opportunities for those who complete the program.
Furthermore, CACC's affordable tuition rates significantly lower the financial burden associated with higher education. With financial aid options and scholarships available, students can further minimize their costs. This affordability, combined with the strong job placement rates of CACC graduates, contributes to an impressive ROI, making the Machine Shop Technology Degree a smart investment for your future.
In summary, the Machine Shop Technology Degree from Central Alabama Community College offers a valuable return on investment through quality education, hands-on training, and strong job prospects. By choosing this program, you are not only enhancing your skills but also securing a brighter financial future in a thriving 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.