Electrical/Electronics Equipment Installation and Repair, General Degree from Lakes Region Community College Return on Investment

See what the return on investment is for jobs that someone with a Electrical/Electronics Equipment Installation and Repair, General degree from Lakes Region Community College is likely to work in.

F D C B A
Approximate Total Payment $100,099
Approximate Total Interest $28,332
Monthly Payment $695.13
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 electrical/electronics equipment installation and repair, general from lakes region community college

Electricians

Projection Rating: B

Median Annual Wage: $61,590

Percentage of Paycheck to Repay: 13.54%-10.08%

Employment Change: 84.3%

Entry-Level Education: High school diploma or equivalent

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The Electrical/Electronics Equipment Installation and Repair program at Lakes Region Community College is designed to equip students with the essential skills needed for a successful career in the ever-evolving field of electrical and electronics technology. This comprehensive program not only provides hands-on training but also emphasizes the theoretical knowledge required to excel in various industries.

Investing in your education at Lakes Region Community College offers a high return on investment (ROI). Graduates of the Electrical/Electronics Equipment Installation and Repair program can expect to find robust job opportunities in sectors such as manufacturing, telecommunications, and renewable energy. The demand for skilled technicians in these fields continues to grow, making this degree a valuable asset for those looking to secure a stable and rewarding career.

With a focus on practical experience, students engage in real-world projects that enhance their problem-solving skills and technical expertise. The program covers essential topics such as circuit analysis, troubleshooting, and equipment maintenance, ensuring that graduates are well-prepared to meet the challenges of the modern workplace.

Moreover, the cost of education at Lakes Region Community College is competitive, allowing students to minimize their debt while maximizing their earning potential. Many graduates secure employment shortly after completing their degree, and the average salary for technicians in this field is significantly higher than the national average for all occupations.

In summary, pursuing a General Degree in Electrical/Electronics Equipment Installation and Repair at Lakes Region Community College is a strategic choice that offers an impressive return on investment. With industry-relevant training, strong job prospects, and competitive salaries, this program is an excellent pathway to a fulfilling career in the electrical and electronics sectors.

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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