Autobody Collision and Repair Technology Degree from Salt Lake 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 Salt Lake Community College is likely to work in.

F D C B A
Approximate Total Payment $56,886
Approximate Total Interest $16,101
Monthly Payment $395.04
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 salt lake community college

Automotive body and related repairers

Projection Rating: A-

Median Annual Wage: $48,740

Percentage of Paycheck to Repay: 9.73%-7.24%

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: 9.92%-7.38%

Employment Change: 21.2%

Entry-Level Education: Postsecondary nondegree award

Don't see the job you're looking for? Click here.

Investing in your education is a significant decision, and when it comes to pursuing a degree in Autobody Collision and Repair Technology at Salt Lake Community College (SLCC), the potential return on investment (ROI) is substantial. With the automotive industry continuously evolving, gaining specialized skills in collision repair can lead to a rewarding career.

SLCC’s Autobody Collision and Repair Technology program offers hands-on training, equipping students with the latest techniques and technologies used in the field. Graduates emerge with a comprehensive understanding of vehicle repair, painting, and refinishing, making them highly sought after by employers. This practical experience not only enhances job readiness but also increases earning potential.

The ROI from this degree can be measured in various ways:

  • High Demand for Skilled Technicians: The automotive repair industry is consistently in need of qualified professionals. As vehicles become more advanced, the demand for skilled technicians who can perform collision repairs is expected to grow, leading to stable job opportunities.
  • Competitive Salaries: According to industry reports, graduates from SLCC can expect to earn competitive salaries. Entry-level positions often provide a solid income, with opportunities for advancement that can significantly increase earning potential over time.
  • Shorter Time to Degree: SLCC offers a streamlined program that allows students to complete their studies in a shorter timeframe compared to traditional four-year programs. This means quicker entry into the workforce and the ability to start earning sooner.
  • Networking Opportunities: Enrolling in the Autobody Collision and Repair Technology program at SLCC provides access to industry connections and job placement resources. The college’s partnerships with local businesses enhance employment prospects for graduates.

In conclusion, pursuing a degree in Autobody Collision and Repair Technology from Salt Lake Community College is a strategic investment in your future. With high demand for skilled technicians, competitive salaries, and a strong support system for job placement, the ROI is clear. Take the first step towards a fulfilling career in the automotive industry today!

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.

Get your personalized projection here!