Autobody Collision and Repair Technology Degree from Arkansas Tech University Return on Investment
See what the return on investment is for jobs that someone with a Autobody Collision and Repair Technology degree from Arkansas Tech University is likely to work in.
Top job projections for graduates in autobody collision and repair technology from arkansas tech university
Automotive body and related repairers
Projection Rating: B
Median Annual Wage: $48,740
Percentage of Paycheck to Repay: 14.24%-10.60%
Employment Change: 2.1%
Entry-Level Education: High school diploma or equivalent
Automotive service technicians and mechanics
Projection Rating: B
Median Annual Wage: $47,770
Percentage of Paycheck to Repay: 14.53%-10.81%
Employment Change: 21.2%
Entry-Level Education: Postsecondary nondegree award
Are you considering pursuing an Autobody Collision and Repair Technology Degree from Arkansas Tech University? Understanding the return on investment (ROI) for your education is crucial in making an informed decision. This degree not only equips you with essential technical skills but also opens the door to a rewarding career in the automotive industry.
Graduates from Arkansas Tech University's Autobody Collision and Repair Technology program are well-prepared to enter a rapidly growing field. With the increasing number of vehicles on the road, the demand for skilled collision repair technicians continues to rise. This means job security and a variety of employment opportunities await you upon graduation.
When evaluating the ROI of your degree, consider the competitive salaries that professionals in this field can earn. According to industry data, collision repair technicians can make an average salary of $40,000 to $60,000 per year, with experienced professionals earning even higher wages. With a relatively short educational commitment, you can quickly enter the workforce and start earning.
Additionally, Arkansas Tech University offers hands-on training and industry-relevant coursework that enhance your employability. The university's strong connections with local businesses and auto repair shops also provide valuable networking opportunities, helping you secure internships and job placements after graduation.
Financial aid and scholarship options are available, which further improve the ROI of your degree. By reducing the overall cost of your education, you can maximize your potential earnings and achieve financial stability sooner.
In summary, pursuing an Autobody Collision and Repair Technology Degree from Arkansas Tech University not only prepares you for a successful career but also offers a strong return on investment. With high demand for skilled technicians, competitive salaries, and extensive support from the university, your decision to enroll could lead to a fulfilling and financially rewarding future.
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.