Industrial Mechanics and Maintenance Technology Degree from Moraine Valley 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 Moraine Valley Community College is likely to work in.
Top job projections for graduates in industrial mechanics and maintenance technology from moraine valley community college
Industrial machinery mechanics
Projection Rating: A-
Median Annual Wage: $61,420
Percentage of Paycheck to Repay: 6.80%-5.06%
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: 7.28%-5.42%
Employment Change: 4.6%
Entry-Level Education: High school diploma or equivalent
Investing in your education is a significant decision, and pursuing an Industrial Mechanics and Maintenance Technology Degree from Moraine Valley Community College is a choice that promises substantial returns. This program not only equips students with vital technical skills but also opens doors to a thriving job market, ensuring a strong return on investment (ROI).
The demand for skilled industrial mechanics and maintenance technicians continues to rise, driven by the growing need for machinery maintenance in various industries. Graduates from Moraine Valley are well-prepared to meet this demand, making them highly competitive in the job market. With hands-on training and industry-relevant coursework, students gain practical experience that translates into high employability rates.
Moreover, the financial implications of earning this degree are significant. Graduates can expect competitive salaries, often exceeding the national average for similar roles. According to industry reports, individuals with an Industrial Mechanics and Maintenance Technology Degree can earn an annual salary that provides a robust return on their educational investment.
In addition to salary, graduates benefit from job stability and opportunities for advancement. Many employers value the specialized training provided by Moraine Valley, leading to potential promotions and career growth in a field that is essential to the economy.
Furthermore, Moraine Valley Community College offers affordable tuition rates compared to many other institutions, making this degree an economically wise choice. Financial aid options and scholarships provide additional support, allowing students to focus on their studies without the burden of excessive debt.
In conclusion, the Industrial Mechanics and Maintenance Technology Degree from Moraine Valley Community College not only provides essential skills and knowledge but also offers a promising return on investment through high employment rates, competitive salaries, and career advancement opportunities. Choose this path to secure your future in 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.