Automotive Mechanics Technology Degree from University of New Mexico – Gallup Campus Return on Investment

See what the return on investment is for jobs that someone with a Automotive Mechanics Technology degree from University of New Mexico – Gallup Campus is likely to work in.

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Approximate Total Payment $63,174
Approximate Total Interest $17,880
Monthly Payment $438.71
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 new mexico - gallup campus

Automotive service technicians and mechanics

Projection Rating: B+

Median Annual Wage: $47,770

Percentage of Paycheck to Repay: 11.02%-8.20%

Employment Change: 21.2%

Entry-Level Education: Postsecondary nondegree award

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The Automotive Mechanics Technology Degree offered at the University of New Mexico - Gallup Campus is not just an educational program; it's an investment in your future. As the automotive industry continues to evolve, skilled technicians are in high demand, making this degree a pathway to a rewarding career.

With a focus on hands-on training and real-world applications, students gain the expertise needed to excel in various automotive fields. Graduates often find employment in repair shops, dealerships, and even start their own businesses, ensuring a diverse range of job opportunities.

One of the standout features of the Automotive Mechanics Technology program is its strong return on investment (ROI). The cost of tuition at UNM - Gallup is competitive, allowing students to graduate with less debt compared to other institutions. In addition, the average starting salary for automotive technicians continues to rise, making it easier for graduates to recoup their educational expenses quickly.

Moreover, the university's strong connections with local employers facilitate internship and job placement opportunities, further enhancing the ROI for graduates. With a degree from UNM - Gallup, you not only acquire invaluable skills but also gain a foothold in a thriving industry.

Investing in an Automotive Mechanics Technology Degree from the University of New Mexico - Gallup Campus means securing your future in a field with endless possibilities. Take the first step toward a successful career and explore the potential benefits of this degree 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.

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