Autobody Collision and Repair Technology Degree from Eastern Iowa Community College District Return on Investment

See what the return on investment is for jobs that someone with a Autobody Collision and Repair 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 autobody collision and repair technology from eastern iowa community college district

Automotive body and related repairers

Projection Rating: B+

Median Annual Wage: $48,740

Percentage of Paycheck to Repay: 11.35%-8.45%

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: 11.58%-8.62%

Employment Change: 21.2%

Entry-Level Education: Postsecondary nondegree award

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Investing in your education can be one of the most significant decisions of your life, especially when it comes to pursuing a degree in Autobody Collision and Repair Technology at Eastern Iowa Community College District. This program not only equips you with essential skills but also offers an impressive return on investment (ROI) that can pave the way for a successful career in the automotive industry.

The Autobody Collision and Repair Technology degree focuses on hands-on training, ensuring that students gain practical experience in repairing and restoring vehicles. With the rise in vehicle ownership and the constant need for collision repairs, skilled professionals are always in demand. Graduates from this program find themselves well-prepared for various roles, including collision repair technician, estimator, and even shop manager.

One of the key factors contributing to the ROI of this degree is the competitive salary potential. According to industry statistics, automotive collision repair technicians can earn a substantial income, with many positions offering salaries that exceed the national average. Furthermore, as you gain experience and certifications, your earning potential can increase significantly, making this degree a valuable investment for your future.

Additionally, Eastern Iowa Community College District emphasizes job placement services, helping graduates connect with local employers in the automotive sector. This support can lead to quicker employment after graduation and a smoother transition into your new career.

The cost of tuition for the Autobody Collision and Repair Technology program is relatively low compared to the potential earnings in the field. By choosing to study at Eastern Iowa Community College District, you are not only investing in your education but also in a career path that offers financial stability and growth opportunities.

In summary, pursuing an Autobody Collision and Repair Technology degree from Eastern Iowa Community College District is a smart choice for those looking to enter a thriving industry. With high demand for skilled technicians, competitive salaries, and strong job placement support, this degree promises an excellent return on investment and a rewarding career ahead.

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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