Industrial Mechanics and Maintenance Technology Degree from James H Faulkner State Community College Return on Investment

See what the return on investment is for jobs that someone with a Industrial Mechanics and Maintenance Technology degree from James H Faulkner State Community College is likely to work in.

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Approximate Total Payment $56,452
Approximate Total Interest $15,978
Monthly Payment $392.03
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 mechanics and maintenance technology from james h faulkner state community college

Industrial machinery mechanics

Projection Rating: A-

Median Annual Wage: $61,420

Percentage of Paycheck to Repay: 7.66%-5.70%

Employment Change: 73.8%

Entry-Level Education: High school diploma or equivalent

Maintenance workers, machinery

Projection Rating: A-

Median Annual Wage: $57,350

Percentage of Paycheck to Repay: 8.20%-6.10%

Employment Change: 4.6%

Entry-Level Education: High school diploma or equivalent

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Investing in your education is a significant decision, and pursuing an Industrial Mechanics and Maintenance Technology Degree from James H Faulkner State Community College offers a compelling return on investment (ROI) that can shape your future career in the industrial sector.

This degree equips students with essential skills and knowledge in mechanical systems, maintenance practices, and troubleshooting techniques, preparing them for a variety of roles in manufacturing, maintenance, and repair. Graduates emerge with practical experience and a strong understanding of the latest technologies, making them highly desirable in today’s job market.

One of the most attractive aspects of this program is its affordability. With tuition rates significantly lower than many four-year institutions, students can obtain a quality education without the burden of overwhelming debt. Furthermore, the demand for skilled industrial mechanics continues to grow, leading to competitive salaries and job stability post-graduation.

According to industry reports, individuals with an Industrial Mechanics and Maintenance Technology Degree can earn an average salary that is well above the national median wage. This degree not only opens doors to entry-level positions but also provides a pathway for career advancement, as many employers value ongoing education and specialized training in this field.

Additionally, the hands-on training provided by James H Faulkner State Community College ensures that students gain practical experience that is directly applicable to real-world scenarios. This experiential learning approach enhances employability, as students are better prepared to meet the demands of employers upon graduation.

In conclusion, pursuing an Industrial Mechanics and Maintenance Technology Degree from James H Faulkner State Community College represents a strategic investment in your future. With low tuition costs, high earning potential, and a robust job market, students can expect a significant return on their educational investment, making this degree a smart choice for those looking to build a successful career in the industrial sector.

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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