Engineering Technology Degree from Iowa Central Community College Return on Investment

See what the return on investment is for jobs that someone with a Engineering Technology degree from Iowa Central Community College is likely to work in.

F D C B A
Approximate Total Payment $56,139
Approximate Total Interest $15,889
Monthly Payment $389.86
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 technology from iowa central community college

Engineering technologists and technicians, except drafters, all other

Projection Rating: A-

Median Annual Wage: $73,500

Percentage of Paycheck to Repay: 6.36%-4.74%

Employment Change: 3.1%

Entry-Level Education: Associate's degree

Industrial engineers

Projection Rating: A

Median Annual Wage: $99,380

Percentage of Paycheck to Repay: 4.71%-3.50%

Employment Change: 40.9%

Entry-Level Education: Bachelor's degree

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Investing in your future with an Engineering Technology degree from Iowa Central Community College is a decision that pays off in multiple ways. This program equips you with the practical skills and knowledge needed to excel in today’s fast-paced engineering environments, leading to a robust return on investment (ROI).

One of the key benefits of obtaining your Engineering Technology degree is the strong job market for graduates. The demand for skilled engineers continues to grow, with employers seeking individuals who can contribute to innovative projects and streamline processes. Graduates from Iowa Central are well-prepared to meet these demands, making them attractive candidates in the workforce.

Additionally, this degree offers a competitive salary potential. According to industry reports, engineering technicians can expect to earn a substantial starting salary, with opportunities for advancement as they gain experience. The cost of your education at Iowa Central is significantly lower than many four-year institutions, allowing you to enter the workforce with less student debt and a greater financial advantage.

Moreover, Iowa Central Community College provides hands-on learning experiences through labs and projects, which enhance your understanding of engineering principles. This practical approach not only prepares you for real-world challenges but also makes you more marketable to employers who value experience.

Networking opportunities are another vital aspect of the ROI associated with your degree. Iowa Central’s connections with local industries can lead to internships and job placements, giving you a foot in the door and invaluable industry contacts that can benefit your career long after graduation.

In summary, pursuing an Engineering Technology degree from Iowa Central Community College is not just an educational choice; it’s a strategic investment in your career. With a strong job market, competitive salaries, hands-on experience, and valuable networking opportunities, you can expect a significant return on your investment that will benefit you for years to come.

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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