Instrumentation Technology Degree from University of Alaska Fairbanks Return on Investment

See what the return on investment is for jobs that someone with a Instrumentation Technology degree from University of Alaska Fairbanks is likely to work in.

F D C B A
Approximate Total Payment $77,360
Approximate Total Interest $21,896
Monthly Payment $537.22
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 instrumentation technology from university of alaska fairbanks

Electro-mechanical and mechatronics technologists and technicians

Projection Rating: A-

Median Annual Wage: $65,080

Percentage of Paycheck to Repay: 9.91%-7.37%

Employment Change: -0.2%

Entry-Level Education: Associate's degree

Industrial engineering technologists and technicians

Projection Rating: B+

Median Annual Wage: $62,610

Percentage of Paycheck to Repay: 10.30%-7.66%

Employment Change: 3%

Entry-Level Education: Associate's degree

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The Instrumentation Technology Degree from the University of Alaska Fairbanks (UAF) offers a robust educational experience that stands out in the realm of technical degrees. With a focus on the practical application of instrumentation and control systems, graduates are well-prepared to enter a rapidly growing job market. But what about the return on investment (ROI)?

Investing in your education is a significant decision, and understanding the potential ROI of a degree in instrumentation technology is crucial. UAF’s program equips students with hands-on experience and the latest industry knowledge, making them attractive candidates for employers. Graduates can expect competitive salaries, with many entering the workforce in roles such as instrumentation technicians, control system engineers, and automation specialists.

According to recent data, the average salary for instrumentation technicians in Alaska and the broader United States shows promising figures, with entry-level positions starting around $60,000 annually. As graduates gain experience, salaries can climb significantly, often exceeding $80,000 after just a few years in the field. This financial upside, combined with the lower cost of education at UAF compared to many other institutions, makes the ROI of an instrumentation technology degree particularly favorable.

Additionally, the University of Alaska Fairbanks boasts strong industry connections and internship opportunities, further enhancing the employability of its graduates. The program’s curriculum is designed to align with current industry standards, ensuring that students graduate with skills that are in high demand.

In summary, pursuing an Instrumentation Technology Degree from UAF not only provides a solid educational foundation but also offers a compelling return on investment. With strong job placement rates and competitive salaries, this degree is a smart choice for those looking to enter a dynamic and rewarding field. Invest in your future with UAF’s Instrumentation Technology program and reap the benefits for years to come.

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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