Carpentry Degree from Moraine Park Technical College Return on Investment
See what the return on investment is for jobs that someone with a Carpentry degree from Moraine Park Technical College is likely to work in.
Top job projections for graduates in carpentry from moraine park technical college
Carpenters
Projection Rating: A-
Median Annual Wage: $56,350
Percentage of Paycheck to Repay: 9.94%-7.39%
Employment Change: 38.6%
Entry-Level Education: High school diploma or equivalent
Construction laborers
Projection Rating: B
Median Annual Wage: $45,300
Percentage of Paycheck to Repay: 12.36%-9.20%
Employment Change: 115.4%
Entry-Level Education: No formal educational credential
The decision to pursue a carpentry degree from Moraine Park Technical College is not just an educational choice; it's a strategic investment in your future. With the construction industry booming and the demand for skilled carpenters on the rise, a degree from Moraine Park can provide a significant return on investment (ROI).
One of the key advantages of earning your carpentry degree at Moraine Park is the comprehensive curriculum that combines hands-on training with theoretical knowledge. This equips students with the skills necessary to excel in various carpentry roles, from residential construction to commercial projects. Graduates often find themselves in high-demand positions, leading to competitive salaries and job stability.
Moreover, Moraine Park Technical College offers excellent job placement services, connecting students with local employers and industry leaders. Many graduates secure employment shortly after completing their degree, which means you can start earning sooner and recoup your educational investment quickly.
In addition to immediate job opportunities, a carpentry degree can open doors for career advancement. Skilled carpenters can progress to supervisory roles, project management, or even start their own businesses. This potential for growth amplifies the ROI of your degree, as higher-level positions typically come with increased earning potential.
The financial aspect of pursuing a carpentry degree at Moraine Park is also favorable. The college offers affordable tuition rates, financial aid options, and scholarships, making it accessible for a wide range of students. When you consider the relatively low cost of education compared to the high earning potential in the carpentry field, the ROI becomes even more compelling.
In summary, investing in a carpentry degree from Moraine Park Technical College not only equips you with valuable skills but also positions you for a rewarding career with a high return on investment. Whether you’re looking to start your career or advance to higher levels, this degree offers a pathway to success in a thriving industry.
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.