Carpentry Degree from Central Arizona College Return on Investment

See what the return on investment is for jobs that someone with a Carpentry degree from Central Arizona College is likely to work in.

F D C B A
Approximate Total Payment $51,252
Approximate Total Interest $14,506
Monthly Payment $355.92
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 carpentry from central arizona college

Carpenters

Projection Rating: A-

Median Annual Wage: $56,350

Percentage of Paycheck to Repay: 7.58%-5.64%

Employment Change: 38.6%

Entry-Level Education: High school diploma or equivalent

Construction laborers

Projection Rating: A-

Median Annual Wage: $45,300

Percentage of Paycheck to Repay: 9.43%-7.02%

Employment Change: 115.4%

Entry-Level Education: No formal educational credential

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Investing in a Carpentry Degree from Central Arizona College (CAC) offers students not just a pathway to a rewarding career but also a solid return on investment (ROI). With the construction industry booming and skilled labor in high demand, obtaining a carpentry degree can lead to lucrative job opportunities and long-term financial stability.

One of the key factors contributing to the ROI of a Carpentry Degree from CAC is the quality of education provided. Students receive hands-on training and gain practical experience in various carpentry techniques, ensuring they are well-prepared for the workforce. The college's expert instructors and state-of-the-art facilities equip graduates with the skills necessary to excel in their careers.

Moreover, the job market for carpenters is robust, with the Bureau of Labor Statistics projecting job growth in this field. Graduates can expect to find employment in residential and commercial construction, remodeling, and maintenance services. Many alumni report starting salaries that surpass the national average for entry-level positions, making the financial commitment to a degree worthwhile.

Additionally, CAC offers affordable tuition rates, financial aid options, and flexible course schedules, allowing students to manage their education costs effectively. This accessibility further enhances the ROI, enabling students to graduate with less debt compared to other degree programs.

In conclusion, a Carpentry Degree from Central Arizona College not only provides essential skills and knowledge but also offers an excellent return on investment. With a growing job market, competitive salaries, and affordable education options, students can confidently pave their way to a successful career in carpentry.

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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