Autobody Collision and Repair Technology Degree from Cossatot Community College of the University of Arkansas Return on Investment

See what the return on investment is for jobs that someone with a Autobody Collision and Repair Technology degree from Cossatot Community College of the University of Arkansas is likely to work in.

F D C B A
Approximate Total Payment $60,098
Approximate Total Interest $17,010
Monthly Payment $417.35
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 autobody collision and repair technology from cossatot community college of the university of arkansas

Automotive body and related repairers

Projection Rating: B+

Median Annual Wage: $48,740

Percentage of Paycheck to Repay: 10.28%-7.65%

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: 10.48%-7.80%

Employment Change: 21.2%

Entry-Level Education: Postsecondary nondegree award

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When considering an Autobody Collision and Repair Technology Degree from Cossatot Community College of the University of Arkansas, understanding the return on investment (ROI) is crucial for prospective students. This program not only equips you with essential skills in auto body repair, painting, and refinishing but also opens the door to a rewarding career in a growing industry.

The ROI of obtaining an Autobody Collision and Repair Technology Degree is significant. Graduates often find themselves in high demand, with job opportunities available in various settings such as auto repair shops, dealerships, and insurance companies. As vehicles become more advanced, the need for skilled technicians continues to rise, ensuring a healthy job market for graduates.

According to industry reports, technicians with a specialized degree can earn competitive salaries, significantly higher than those without formal training. This degree can lead to positions such as collision repair technician, auto body estimator, and shop manager, all of which offer substantial earning potential. In addition, many employers value the hands-on experience and technical knowledge gained through a structured program, making graduates more attractive candidates.

Furthermore, Cossatot Community College provides access to state-of-the-art facilities and equipment, enhancing the learning experience. With experienced instructors and a curriculum that aligns with industry standards, students graduate well-prepared for the workforce. This investment in education not only pays off in terms of salary but also provides job security in a field that is essential to modern society.

In summary, pursuing an Autobody Collision and Repair Technology Degree from Cossatot Community College of the University of Arkansas offers a strong return on investment. With a robust job market, competitive salaries, and a comprehensive education, students can confidently step into a fulfilling career that meets the demands of today’s automotive industry.

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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