Automotive Mechanics Technology Degree from University of Arkansas – Fort Smith Return on Investment

See what the return on investment is for jobs that someone with a Automotive Mechanics Technology degree from University of Arkansas – Fort Smith is likely to work in.

F D C B A
Approximate Total Payment $70,517
Approximate Total Interest $19,959
Monthly Payment $489.70
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 automotive mechanics technology from university of arkansas - fort smith

Automotive service technicians and mechanics

Projection Rating: B

Median Annual Wage: $47,770

Percentage of Paycheck to Repay: 12.30%-9.15%

Employment Change: 21.2%

Entry-Level Education: Postsecondary nondegree award

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The Automotive Mechanics Technology Degree from the University of Arkansas – Fort Smith offers a substantial return on investment (ROI) for students seeking a career in the automotive industry. This program equips students with the essential skills and knowledge needed to excel in various automotive fields, from diagnostics to repair and maintenance.

With the automotive industry continuously evolving, the demand for skilled mechanics is on the rise. Graduates of this degree program are well-prepared to meet the challenges of modern automotive technology, making them highly attractive to employers. According to industry reports, automotive technicians and mechanics can expect a competitive salary, which significantly enhances the ROI of their educational investment.

Moreover, the University of Arkansas – Fort Smith provides hands-on training and access to state-of-the-art facilities, ensuring that students gain practical experience alongside theoretical knowledge. This combination not only boosts employability but also positions graduates for potential career advancement opportunities.

Students can also benefit from various financial aid options, scholarships, and job placement assistance, further increasing the program's value. By choosing the Automotive Mechanics Technology Degree at UAFS, students are making a smart investment in their future, with the potential for high earnings and job stability in a growing field.

In summary, the Automotive Mechanics Technology Degree from the University of Arkansas – Fort Smith represents a promising return on investment, offering students the chance to build a successful career while contributing to the dynamic automotive sector.

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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