Engineering Technologies and Engineering-related Fields Degree from Northern Essex Community College Return on Investment

See what the return on investment is for jobs that someone with a Engineering Technologies and Engineering-related Fields degree from Northern Essex Community College is likely to work in.

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Approximate Total Payment $65,136
Approximate Total Interest $18,436
Monthly Payment $452.33
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 engineering technologies and engineering-related fields from northern essex community college

Sound engineering technicians

Projection Rating: A-

Median Annual Wage: $59,430

Percentage of Paycheck to Repay: 9.13%-6.80%

Employment Change: -0.1%

Entry-Level Education: Postsecondary nondegree award

Mechanical engineers

Projection Rating: A-

Median Annual Wage: $99,510

Percentage of Paycheck to Repay: 5.45%-4.06%

Employment Change: 32.1%

Entry-Level Education: Bachelor's degree

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Investing in your education is a significant decision, and at Northern Essex Community College, we understand the importance of maximizing your return on investment (ROI). Our Engineering Technologies and Engineering-related Fields degree programs are designed not only to equip you with essential skills but also to enhance your career prospects and earning potential.

The demand for skilled professionals in engineering and technology is at an all-time high. According to recent industry reports, graduates with degrees in engineering technologies can expect competitive salaries and a robust job market. By choosing Northern Essex Community College, you are positioning yourself for a successful career in one of the fastest-growing sectors.

Our hands-on approach to education ensures that you gain practical experience alongside theoretical knowledge. With state-of-the-art facilities and experienced instructors, you will be well-prepared to tackle real-world challenges. Furthermore, our strong partnerships with local industries provide invaluable networking opportunities and potential job placements, further enhancing your ROI.

Financially, investing in an engineering degree at Northern Essex Community College means lower tuition costs compared to four-year institutions, making it a smart choice for budget-conscious students. The skills you acquire will not only help you in immediate job placement but also pave the way for advancement in your career, ultimately leading to higher lifetime earnings.

In conclusion, pursuing an Engineering Technologies and Engineering-related Fields degree from Northern Essex Community College is a wise investment in your future. With a focus on quality education, practical experience, and strong industry connections, you can expect a significant return on your investment as you embark on a rewarding career in engineering.

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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