Industrial Electronics Technology Degree from Ranken Technical College Return on Investment

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

F D C B A
Approximate Total Payment $113,221
Approximate Total Interest $32,045
Monthly Payment $786.26
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 ranken technical college

Industrial engineers

Projection Rating: A-

Median Annual Wage: $99,380

Percentage of Paycheck to Repay: 9.49%-7.06%

Employment Change: 40.9%

Entry-Level Education: Bachelor's degree

Industrial engineering technologists and technicians

Projection Rating: B-

Median Annual Wage: $62,610

Percentage of Paycheck to Repay: 15.07%-11.21%

Employment Change: 3%

Entry-Level Education: Associate's degree

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The Industrial Electronics Technology Degree from Ranken Technical College offers a promising return on investment (ROI) for students seeking a stable and rewarding career in the rapidly evolving field of electronics. With the increasing reliance on automated systems and advanced technologies across various industries, the demand for skilled professionals in industrial electronics is higher than ever.

Investing in your education at Ranken Technical College means equipping yourself with the practical skills and theoretical knowledge necessary to excel in this competitive job market. The program emphasizes hands-on experience, ensuring that graduates are not only knowledgeable but also job-ready upon completion.

One of the most compelling aspects of pursuing an Industrial Electronics Technology Degree is the potential for high earning power. Graduates can look forward to lucrative employment opportunities in manufacturing, automation, and maintenance sectors, where skilled technicians are essential. Many alumni report starting salaries that significantly exceed the national average for similar positions.

Moreover, Ranken Technical College has established strong ties with local and national employers, providing students with networking opportunities and career placement assistance. These connections often lead to internships and job offers even before graduation, further enhancing the ROI of the degree.

In addition to financial benefits, the program prepares students for various certifications that can lead to career advancement and specialization, increasing their long-term earning potential. The skills acquired through this degree are also transferrable, allowing graduates to explore diverse career paths within the electronics field.

Ultimately, the Industrial Electronics Technology Degree from Ranken Technical College represents a strategic investment in your future. With a commitment to practical learning, robust industry partnerships, and a curriculum designed to meet current workforce demands, students can expect not only a strong return on their educational investment but also a fulfilling and dynamic career.

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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