Electrical and Power Transmission Installers Degree from Marshalltown Community College Return on Investment

See what the return on investment is for jobs that someone with a Electrical and Power Transmission Installers degree from Marshalltown Community College is likely to work in.

F D C B A
Approximate Total Payment $67,824
Approximate Total Interest $19,196
Monthly Payment $471.00
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 and power transmission installers from marshalltown community college

Electrical power-line installers and repairers

Projection Rating: A-

Median Annual Wage: $85,420

Percentage of Paycheck to Repay: 6.62%-4.92%

Employment Change: 9.4%

Entry-Level Education: High school diploma or equivalent

Electricians

Projection Rating: A-

Median Annual Wage: $61,590

Percentage of Paycheck to Repay: 9.18%-6.83%

Employment Change: 84.3%

Entry-Level Education: High school diploma or equivalent

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Investing in your education is a crucial decision, especially when it comes to pursuing a degree in Electrical and Power Transmission Installers from Marshalltown Community College. This program not only equips you with essential skills but also offers a significant return on investment (ROI) that can enhance your career prospects and financial stability.

The demand for skilled electrical and power transmission installers is on the rise, driven by advancements in technology and the need for reliable energy solutions. By choosing to study at Marshalltown Community College, you position yourself at the forefront of this growing industry. Graduates from this program often find rewarding jobs with competitive salaries, making the cost of education a worthwhile investment.

One of the key factors contributing to a positive ROI is the comprehensive nature of the curriculum. The Electrical and Power Transmission Installers program at Marshalltown Community College combines hands-on training with theoretical knowledge, ensuring that students are well-prepared for the workforce. This practical experience not only enhances learning but also makes graduates highly attractive to employers.

Furthermore, the college's strong connections with local industries provide students with valuable networking opportunities and potential job placements. Graduates can hit the ground running, often securing employment shortly after completing their degree. This swift transition from education to employment significantly boosts the ROI, as graduates begin earning competitive salaries sooner.

Additionally, many community colleges, including Marshalltown, offer financial aid options, scholarships, and flexible payment plans, making it easier for students to manage tuition costs. By minimizing student debt, graduates can enjoy a higher net income, further enhancing their return on investment.

In conclusion, pursuing an Electrical and Power Transmission Installers degree from Marshalltown Community College is not just about gaining knowledge; it’s about investing in a future filled with opportunities. With a robust job market, hands-on training, and financial support, students can expect a solid return on their educational investment, paving the way for a successful and rewarding career.

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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