Autobody Collision and Repair Technology Degree from Pennsylvania College of Technology Return on Investment

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

F D C B A
Approximate Total Payment $142,295
Approximate Total Interest $40,274
Monthly Payment $988.16
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 pennsylvania college of technology

Automotive body and related repairers

Projection Rating: C

Median Annual Wage: $48,740

Percentage of Paycheck to Repay: 24.33%-18.10%

Employment Change: 2.1%

Entry-Level Education: High school diploma or equivalent

Automotive service technicians and mechanics

Projection Rating: C

Median Annual Wage: $47,770

Percentage of Paycheck to Repay: 24.82%-18.47%

Employment Change: 21.2%

Entry-Level Education: Postsecondary nondegree award

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Investing in your education is a significant decision, especially when considering a degree in Autobody Collision and Repair Technology from Pennsylvania College of Technology. This program not only equips students with the essential skills needed for a career in the automotive industry but also offers an impressive return on investment (ROI).

With the growing demand for skilled technicians in the collision repair sector, graduates from Pennsylvania College of Technology are well-positioned to enter a lucrative job market. The hands-on training and state-of-the-art facilities ensure that students are job-ready upon graduation, leading to higher starting salaries compared to peers from other institutions.

According to recent statistics, graduates from the Autobody Collision and Repair Technology program can expect competitive salaries, with many securing positions in reputable automotive shops and dealerships. The skills learned, such as advanced painting techniques, structural repair, and customer service, make these graduates highly sought after.

Additionally, Pennsylvania College of Technology boasts strong industry connections and a robust career services department, which further enhances job placement rates. Many students find employment before they even graduate, showcasing the effectiveness of the college’s career preparation initiatives.

Furthermore, the cost of attending Pennsylvania College of Technology is often offset by the financial aid options available, including scholarships, grants, and loans. This financial support helps reduce the overall investment required for the degree, increasing the potential ROI.

In conclusion, pursuing an Autobody Collision and Repair Technology degree from Pennsylvania College of Technology is not just an educational choice; it’s a strategic investment in your future. With high earning potential, excellent job placement rates, and valuable industry connections, graduates can expect a strong return on their educational investment, paving the way for a successful and fulfilling career in the automotive repair field.

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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