Heating, Air Conditioning, Ventilation, and Refrigeration Maintenance Technology Degree from Northern Michigan University 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 Northern Michigan University is likely to work in.
Top job projections for graduates in heating, air conditioning, ventilation, and refrigeration maintenance technology from northern michigan university
Stationary engineers and boiler operators
Projection Rating: B+
Median Annual Wage: $67,640
Percentage of Paycheck to Repay: 11.72%-8.72%
Employment Change: 1.4%
Entry-Level Education: High school diploma or equivalent
The Heating, Air Conditioning, Ventilation, and Refrigeration (HVACR) Maintenance Technology Degree from Northern Michigan University offers students a unique opportunity to gain specialized skills in a thriving industry. With a focus on practical training and real-world applications, this degree not only equips graduates with essential technical knowledge but also provides a substantial return on investment (ROI) for their future careers.
As climate control systems become increasingly integral to residential and commercial buildings, the demand for skilled HVACR technicians continues to rise. Graduates of this program are well-positioned to take advantage of job opportunities in various sectors, including residential services, commercial maintenance, and industrial applications. According to the U.S. Bureau of Labor Statistics, employment in the HVACR field is projected to grow by 5% from 2021 to 2031, which is faster than the average for all occupations.
Investing in your education at Northern Michigan University means investing in a stable and lucrative career path. Graduates can expect competitive salaries, with the median annual wage for HVACR technicians exceeding $50,000, depending on experience and location. Moreover, the hands-on training provided through the program ensures that students graduate with the skills employers are seeking, leading to higher starting salaries and increased earning potential over time.
The ROI of this degree is further enhanced by Northern Michigan University's commitment to student success. The university offers robust career services, including job placement assistance and internship opportunities, which help students transition smoothly into the workforce. Additionally, the strong industry connections fostered by the faculty mean that students have access to valuable networking opportunities that can lead to employment post-graduation.
Furthermore, pursuing a degree in HVACR Maintenance Technology can open doors to various career advancement opportunities. Many graduates go on to specialize in areas such as energy management, HVAC design, or even start their own businesses, significantly increasing their earning potential and job satisfaction.
In conclusion, the Heating, Air Conditioning, Ventilation, and Refrigeration Maintenance Technology Degree from Northern Michigan University not only provides a solid foundation of technical skills but also offers an excellent return on investment. With growing job opportunities, competitive salaries, and strong support for career placement, this degree is a smart choice for anyone looking to enter a dynamic and rewarding field.
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.