Mechanical Engineering, Mechanical Technology, Technician Degree from Moraine Park Technical College Return on Investment

See what the return on investment is for jobs that someone with a Mechanical Engineering, Mechanical Technology, Technician degree from Moraine Park Technical College is likely to work in.

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Approximate Total Payment $67,188
Approximate Total Interest $19,017
Monthly Payment $466.59
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 mechanical engineering, mechanical technology, technician from moraine park technical college

Mechanical engineering technologists and technicians

Projection Rating: A-

Median Annual Wage: $64,020

Percentage of Paycheck to Repay: 8.75%-6.51%

Employment Change: 0.8%

Entry-Level Education: Associate's degree

Mechanical engineers

Projection Rating: A-

Median Annual Wage: $99,510

Percentage of Paycheck to Repay: 5.63%-4.19%

Employment Change: 32.1%

Entry-Level Education: Bachelor's degree

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Investing in your education is a crucial step towards a successful career, and a degree in Mechanical Engineering, Mechanical Technology, or as a Technician from Moraine Park Technical College offers exceptional return on investment (ROI). With the ever-growing demand for skilled professionals in the mechanical field, graduates from Moraine Park are equipped with the knowledge and hands-on experience needed to excel in various industries.

The ROI of pursuing a degree in mechanical engineering or technology is significant. Graduates can expect competitive salaries, robust job placement rates, and opportunities for advancement. According to industry reports, the need for mechanical engineers and technicians is projected to grow, leading to increased job security and potential earnings. Moraine Park Technical College’s strong partnerships with local industries ensure that students are not only learning theory but also applying their skills in real-world scenarios, enhancing their employability upon graduation.

Additionally, Moraine Park’s programs are designed to be affordable, minimizing student debt and maximizing financial outcomes. With flexible course offerings and expert faculty, students can tailor their education to fit their career goals while maintaining a balance with their personal lives. This approach not only prepares them for immediate employment but also sets the stage for lifelong learning and professional development.

By choosing a degree in Mechanical Engineering or Mechanical Technology from Moraine Park Technical College, you are making a strategic investment in your future. The combination of practical skill development, industry connections, and a strong educational foundation provides an outstanding return on investment, ensuring that you are well-prepared to meet the challenges of the mechanical field and thrive in your career.

Start your journey towards a rewarding career today by exploring the Mechanical Engineering and Technology programs at Moraine Park Technical College. Your future in the mechanical industry awaits!

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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