Industrial Technology Degree from Black Hills State University Return on Investment

See what the return on investment is for jobs that someone with a Industrial Technology degree from Black Hills State University is likely to work in.

F D C B A
Approximate Total Payment $85,903
Approximate Total Interest $24,314
Monthly Payment $596.55
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 technology from black hills state university

Industrial engineers

Projection Rating: A-

Median Annual Wage: $99,380

Percentage of Paycheck to Repay: 7.20%-5.36%

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: 11.43%-8.51%

Employment Change: 3%

Entry-Level Education: Associate's degree

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When considering an Industrial Technology degree from Black Hills State University, one of the most significant factors to evaluate is the return on investment (ROI). This degree offers a comprehensive education that equips students with the skills necessary to thrive in various sectors, including manufacturing, construction, and technology management. By analyzing the ROI, prospective students can assess the potential financial benefits of pursuing this degree compared to its costs.

The cost of tuition and fees at Black Hills State University is competitive, and when coupled with the high demand for skilled professionals in the industrial technology field, the opportunity for a lucrative career is substantial. Graduates often find themselves in roles such as industrial managers, quality assurance specialists, and production supervisors, with starting salaries that reflect the value of their education.

Additionally, the practical experience gained through hands-on projects and internships prepares students to enter the workforce with confidence. Industry partnerships and a strong alumni network further enhance job placement opportunities, contributing to a favorable return on investment.

According to recent data, graduates from the Industrial Technology program at Black Hills State University report high employment rates within six months of graduation. Many alumni have successfully climbed the career ladder, achieving positions that not only offer competitive salaries but also opportunities for advancement. This upward trajectory not only justifies the initial investment in education but also highlights the long-term financial benefits that come with obtaining a degree in this field.

In conclusion, the Industrial Technology degree from Black Hills State University presents a promising return on investment. With a blend of theoretical knowledge and practical application, graduates are well-prepared to meet the demands of a rapidly evolving industry, ensuring that their education pays off in both professional satisfaction and financial gain.

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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