Industrial Electronics Technology Degree from Moraine Valley Community College Return on Investment

See what the return on investment is for jobs that someone with a Industrial Electronics Technology degree from Moraine Valley Community College is likely to work in.

F D C B A
Approximate Total Payment $50,133
Approximate Total Interest $14,189
Monthly Payment $348.15
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 industrial electronics technology from moraine valley community college

Industrial engineers

Projection Rating: A

Median Annual Wage: $99,380

Percentage of Paycheck to Repay: 4.20%-3.13%

Employment Change: 40.9%

Entry-Level Education: Bachelor's degree

Industrial engineering technologists and technicians

Projection Rating: A-

Median Annual Wage: $62,610

Percentage of Paycheck to Repay: 6.67%-4.97%

Employment Change: 3%

Entry-Level Education: Associate's degree

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The Industrial Electronics Technology degree from Moraine Valley Community College (MVCC) offers an exceptional return on investment for students looking to enter the rapidly growing field of electronics and automation. With the increasing demand for skilled technicians in various industries, obtaining this degree positions graduates for lucrative job opportunities and career advancement.

One of the key advantages of pursuing an Industrial Electronics Technology degree at MVCC is the comprehensive curriculum that combines hands-on training with theoretical knowledge. Students gain proficiency in essential areas such as circuit analysis, programmable logic controllers (PLCs), robotics, and industrial networking. This robust educational foundation equips graduates with the skills that employers are actively seeking, enhancing their employability and earning potential.

According to recent labor market data, graduates with an Industrial Electronics Technology degree can expect competitive salaries, with many entry-level positions starting around $50,000 annually. As they gain experience and specialize in certain areas, many technicians can see their salaries increase significantly, with some professionals earning upwards of $80,000 or more per year. This significant earnings potential makes the investment in education at MVCC worthwhile.

Additionally, MVCC offers valuable resources such as career services, internship opportunities, and industry partnerships that further enhance the return on investment for students. These resources not only help students secure employment after graduation but also provide networking opportunities that can lead to long-term career growth.

Furthermore, the affordability of Moraine Valley Community College compared to other institutions makes the Industrial Electronics Technology degree an attractive option. With lower tuition rates and the option for financial aid, students can minimize their educational expenses while maximizing their future earning potential.

In summary, the Industrial Electronics Technology degree from Moraine Valley Community College presents a strong return on investment through its comprehensive curriculum, competitive salary potential, and extensive support resources. For those looking to build a successful career in electronics and automation, MVCC is an excellent choice that paves the way for a prosperous future.

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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