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

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

F D C B A
Approximate Total Payment $56,139
Approximate Total Interest $15,889
Monthly Payment $389.86
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 iowa central community college

Automotive body and related repairers

Projection Rating: A-

Median Annual Wage: $48,740

Percentage of Paycheck to Repay: 9.60%-7.14%

Employment Change: 2.1%

Entry-Level Education: High school diploma or equivalent

Automotive service technicians and mechanics

Projection Rating: A-

Median Annual Wage: $47,770

Percentage of Paycheck to Repay: 9.79%-7.29%

Employment Change: 21.2%

Entry-Level Education: Postsecondary nondegree award

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Investing in your education is one of the most significant decisions you can make for your future, and pursuing an Autobody Collision and Repair Technology degree from Iowa Central Community College is no exception. This program not only equips you with essential skills but also offers a promising return on investment (ROI) that can lead to a rewarding career in the automotive industry.

The demand for skilled professionals in the autobody and collision repair field is on the rise, with job opportunities expanding due to advancements in automotive technology and an increasing number of vehicles on the road. By obtaining your degree from Iowa Central Community College, you will gain hands-on experience and in-depth knowledge that employers seek, making you a competitive candidate in the job market.

One of the key factors contributing to the favorable ROI of this program is the high earning potential associated with careers in autobody repair. Graduates can expect to start their careers in well-paying positions, with opportunities for advancement as they gain experience and expertise. Many graduates find positions in auto body shops, dealerships, and even start their own businesses, further enhancing their earning potential.

Iowa Central Community College also emphasizes industry connections and provides networking opportunities that can lead to internships and job placements. These connections not only give you a head start in your career but also increase your chances of securing higher-paying roles within the industry.

Furthermore, the financial investment in your education is offset by the potential scholarships, financial aid, and flexible payment plans that Iowa Central offers, making it easier for students to manage their costs. With a focus on student success and career readiness, the college ensures that your investment translates into real-world opportunities.

In summary, pursuing an Autobody Collision and Repair Technology degree from Iowa Central Community College represents a wise investment in your future. With strong job prospects, competitive salaries, and a supportive educational environment, you can expect a substantial return on your investment, paving the way for a successful and fulfilling career in the autobody repair 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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