Electromechanical Technology Degree from Eastern Iowa Community College District Return on Investment

See what the return on investment is for jobs that someone with a Electromechanical Technology degree from Eastern Iowa Community College District is likely to work in.

F D C B A
Approximate Total Payment $66,387
Approximate Total Interest $18,790
Monthly Payment $461.02
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 electromechanical technology from eastern iowa community college district

Electro-mechanical and mechatronics technologists and technicians

Projection Rating: A-

Median Annual Wage: $65,080

Percentage of Paycheck to Repay: 8.50%-6.33%

Employment Change: -0.2%

Entry-Level Education: Associate's degree

Mechanical engineering technologists and technicians

Projection Rating: A-

Median Annual Wage: $64,020

Percentage of Paycheck to Repay: 8.64%-6.43%

Employment Change: 0.8%

Entry-Level Education: Associate's degree

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Investing in your education is a significant decision, and pursuing an Electromechanical Technology Degree at Eastern Iowa Community College District (EICCD) offers a promising return on investment (ROI). With the growing demand for skilled technicians in various industries, this degree equips students with the necessary skills to thrive in a competitive job market.

The Electromechanical Technology program at EICCD combines the principles of electrical engineering, mechanical engineering, and computer technology, providing a well-rounded education that prepares graduates for diverse career opportunities. From robotics to automation, the skills learned in this program are highly sought after by employers in sectors such as manufacturing, aerospace, and renewable energy.

Students can expect to benefit from hands-on training using state-of-the-art equipment and technology, ensuring they graduate with practical experience that enhances their employability. Additionally, EICCD’s strong ties with local industries facilitate valuable internship and networking opportunities, further increasing the chances of securing high-paying positions upon graduation.

The ROI of an Electromechanical Technology Degree is not just about salary; it also encompasses job security and career advancement. Graduates often find themselves in high-demand roles with competitive salaries, which can lead to a stable and rewarding career path. According to industry reports, technicians in this field can earn a median salary significantly above the national average, making this degree a wise financial investment.

In conclusion, obtaining an Electromechanical Technology Degree from Eastern Iowa Community College District is a strategic choice for those looking to enter an evolving field with excellent job prospects. The combination of a comprehensive curriculum, hands-on training, and strong industry connections positions graduates for success, ensuring a favorable return on investment for years to come.

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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