Autobody Collision and Repair Technology Degree from Northeast Wisconsin Technical College Return on Investment

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

F D C B A
Approximate Total Payment $66,916
Approximate Total Interest $18,940
Monthly Payment $464.70
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 northeast wisconsin technical college

Automotive body and related repairers

Projection Rating: B+

Median Annual Wage: $48,740

Percentage of Paycheck to Repay: 11.44%-8.51%

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: 11.67%-8.69%

Employment Change: 21.2%

Entry-Level Education: Postsecondary nondegree award

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The Autobody Collision and Repair Technology degree from Northeast Wisconsin Technical College (NWTC) offers students a comprehensive education that prepares them for a successful career in the automotive industry. When considering the financial implications of furthering your education, it's crucial to evaluate the return on investment (ROI) of your degree. Here’s how NWTC’s program stacks up.

Financial Benefits: Graduates of the Autobody Collision and Repair Technology program typically see a significant increase in their earning potential. According to industry statistics, professionals in this field can earn an average salary ranging from $40,000 to $60,000 annually, depending on experience and location. This means that students can recoup their tuition costs within just a few years of entering the workforce.

Job Placement Rates: NWTC boasts impressive job placement rates for its graduates. The college has strong relationships with local employers, ensuring that students have access to job opportunities upon graduation. Many students secure employment before they even complete their degree, which further enhances the ROI.

Hands-On Experience: The program emphasizes practical, hands-on training in state-of-the-art facilities. This real-world experience not only boosts students' confidence but also makes them more attractive to potential employers. The skills gained through the program are directly applicable to the job market, leading to quicker employment and higher wages.

Industry Demand: The demand for skilled technicians in the autobody repair field continues to grow. With the increasing complexity of vehicles, employers are seeking qualified technicians who can handle advanced repair techniques. By earning your degree from NWTC, you position yourself advantageously in a competitive job market.

Conclusion: Investing in an Autobody Collision and Repair Technology degree from Northeast Wisconsin Technical College is not just an educational choice; it’s a strategic financial decision. With strong job placement rates, competitive salaries, and hands-on experience, the ROI of this program is significant. Start your journey towards a rewarding career today and secure your financial future in the 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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