Autobody Collision and Repair Technology Degree from Ranken 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 Ranken Technical College is likely to work in.
Top job projections for graduates in autobody collision and repair technology from ranken technical college
Automotive body and related repairers
Projection Rating: B-
Median Annual Wage: $48,740
Percentage of Paycheck to Repay: 19.36%-14.40%
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: 19.75%-14.70%
Employment Change: 21.2%
Entry-Level Education: Postsecondary nondegree award
Investing in your education is one of the most significant decisions you can make for your future, and choosing the right program can greatly enhance your potential returns. The Autobody Collision and Repair Technology degree from Ranken Technical College not only equips you with essential skills but also offers a compelling return on investment (ROI).
With the automotive industry continually evolving, skilled technicians are in high demand. Ranken’s program provides hands-on training with the latest tools and technologies, ensuring you are job-ready upon graduation. The curriculum covers a comprehensive range of topics, including structural repair, refinishing, and estimating, giving you a well-rounded skill set that appeals to potential employers.
One of the standout features of Ranken Technical College is its strong industry connections. Collaborations with local businesses and auto manufacturers create internship and job placement opportunities for students, significantly increasing your chances of securing a well-paying position after graduation. Many graduates find themselves in roles that not only offer competitive salaries but also benefits and opportunities for advancement.
According to recent data, graduates from Ranken’s Autobody Collision and Repair Technology program report a high employment rate, with many entering the workforce immediately after completing their degree. The average starting salary for these graduates is competitive within the industry, highlighting the financial viability of this educational path.
Furthermore, Ranken Technical College offers various financial aid options, making it easier for students to invest in their education without the burden of overwhelming debt. This financial support, combined with the potential for a lucrative career, makes the ROI of this degree even more attractive.
In summary, pursuing an Autobody Collision and Repair Technology degree from Ranken Technical College is a smart investment in your future. With hands-on training, strong industry connections, and a promising job market, you can look forward to a rewarding career with a solid return on your educational investment.
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.