Heating, Air Conditioning, Ventilation, and Refrigeration Maintenance Technology Degree from Clover Park Technical College Return on Investment

See what the return on investment is for jobs that someone with a Heating, Air Conditioning, Ventilation, and Refrigeration Maintenance Technology degree from Clover Park Technical College is likely to work in.

F D C B A
Approximate Total Payment $60,254
Approximate Total Interest $17,054
Monthly Payment $418.43
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 heating, air conditioning, ventilation, and refrigeration maintenance technology from clover park technical college

Stationary engineers and boiler operators

Projection Rating: A-

Median Annual Wage: $67,640

Percentage of Paycheck to Repay: 7.42%-5.52%

Employment Change: 1.4%

Entry-Level Education: High school diploma or equivalent

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The Heating, Air Conditioning, Ventilation, and Refrigeration (HVAC/R) Maintenance Technology degree from Clover Park Technical College is an investment in your future. This comprehensive program equips students with the skills and knowledge necessary to excel in the growing HVAC/R industry. But what does this degree really offer in terms of return on investment (ROI)?

First and foremost, HVAC/R professionals are in high demand. As residential and commercial buildings increasingly rely on climate control systems, the need for skilled technicians who can install, maintain, and repair these systems continues to rise. According to the U.S. Bureau of Labor Statistics, employment in this field is projected to grow by 5% from 2022 to 2032, which is faster than the average for all occupations. This demand translates into job security and numerous career opportunities for graduates.

Additionally, the earning potential for HVAC/R technicians is significant. Graduates can expect to start with competitive salaries, with many earning upwards of $50,000 annually, depending on their experience and location. As technicians gain experience and specialize in certain areas, such as refrigeration or advanced HVAC systems, their earning potential increases even further. This robust salary outlook contributes to a strong ROI for those who invest in their education at Clover Park Technical College.

Moreover, the program offers hands-on training in state-of-the-art facilities, ensuring that students are well-prepared for real-world challenges. The curriculum includes essential topics such as system design, energy efficiency, and troubleshooting techniques, making graduates valuable assets to potential employers. This practical experience not only enhances employability but also sets the foundation for ongoing career advancement.

Another factor contributing to the program's ROI is the financial support available to students. Clover Park Technical College offers various scholarships, grants, and financial aid options to help manage tuition costs. By taking advantage of these resources, students can minimize their student debt and maximize their investment in education.

In conclusion, pursuing a Heating, Air Conditioning, Ventilation, and Refrigeration Maintenance Technology degree from Clover Park Technical College is a smart financial decision. With strong job growth, competitive salaries, hands-on training, and financial aid options, graduates can expect a favorable return on their educational investment, positioning themselves for a successful and rewarding career in the HVAC/R 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.

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