Automotive Mechanics Technology Degree from Northern New Mexico College Return on Investment

See what the return on investment is for jobs that someone with a Automotive Mechanics Technology degree from Northern New Mexico College is likely to work in.

F D C B A
Approximate Total Payment $73,054
Approximate Total Interest $20,677
Monthly Payment $507.32
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 automotive mechanics technology from northern new mexico college

Automotive service technicians and mechanics

Projection Rating: B

Median Annual Wage: $47,770

Percentage of Paycheck to Repay: 12.74%-9.48%

Employment Change: 21.2%

Entry-Level Education: Postsecondary nondegree award

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Investing in your education is a crucial step towards a fulfilling career, and the Automotive Mechanics Technology Degree from Northern New Mexico College (NNMC) offers exceptional value. This degree not only equips you with essential skills in automotive repair and maintenance but also provides a solid pathway to a rewarding profession in a growing industry.

The return on investment (ROI) for pursuing an Automotive Mechanics Technology Degree at NNMC is noteworthy. Graduates are positioned to enter a job market with a high demand for skilled technicians, leading to competitive salaries and job stability. According to industry reports, automotive service technicians and mechanics earn a median annual wage significantly above the national average, making this a financially sound career choice.

Moreover, NNMC’s program is designed to be comprehensive and hands-on, allowing students to gain practical experience through labs and real-world applications. This practical training not only enhances job readiness but also increases the likelihood of securing higher-paying positions right after graduation.

Additionally, Northern New Mexico College offers various financial aid options, scholarships, and flexible scheduling to make education accessible. Investing in this degree can yield substantial long-term benefits, including career advancement opportunities and specialized certifications that further enhance your earning potential.

In summary, the Automotive Mechanics Technology Degree from Northern New Mexico College represents a smart investment in your future. With a robust curriculum, hands-on training, and strong employment prospects, graduates can expect a favorable return on their educational investment. Start your journey today, and drive your career forward with confidence!

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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