Lineworker Degree from Northern Michigan University Return on Investment

See what the return on investment is for jobs that someone with a Lineworker degree from Northern Michigan University is likely to work in.

F D C B A
Approximate Total Payment $95,137
Approximate Total Interest $26,927
Monthly Payment $660.67
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 lineworker from northern michigan university

Electrical power-line installers and repairers

Projection Rating: A-

Median Annual Wage: $85,420

Percentage of Paycheck to Repay: 9.28%-6.91%

Employment Change: 9.4%

Entry-Level Education: High school diploma or equivalent

Telecommunications line installers and repairers

Projection Rating: B

Median Annual Wage: $64,640

Percentage of Paycheck to Repay: 12.26%-9.13%

Employment Change: -2.8%

Entry-Level Education: High school diploma or equivalent

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When considering a career in the electrical power industry, the Lineworker Degree from Northern Michigan University (NMU) stands out not only for its comprehensive training but also for its impressive return on investment (ROI). Graduates of this program emerge with the skills needed to excel in a high-demand field, ensuring that their education translates into lucrative job opportunities.

The ROI of a degree from NMU is significant. Lineworkers are essential for maintaining and repairing electrical systems, and this critical role is reflected in the competitive salaries that professionals can expect upon entering the workforce. According to recent industry reports, lineworkers can earn an average salary of over $70,000 annually, with potential for growth as they gain experience and take on more responsibilities.

Moreover, the job outlook for lineworkers is exceptionally strong, with the Bureau of Labor Statistics projecting a 9% growth in employment opportunities over the next decade. This growth is driven by the increasing need for renewable energy sources and the ongoing maintenance of aging infrastructure, ensuring that graduates from NMU will be in high demand.

In addition to high earning potential and job security, NMU’s Lineworker Degree program provides hands-on training, industry certifications, and networking opportunities that enhance employability. Students benefit from experienced instructors and state-of-the-art facilities, equipping them with the practical skills necessary for success in the field.

Investing in a Lineworker Degree from Northern Michigan University not only prepares you for a rewarding career but also offers an attractive return on investment. With a combination of competitive salaries, strong job growth, and quality education, NMU graduates are well-positioned to thrive in one of the most vital sectors of the economy.

Take the first step towards a fulfilling career in the electrical power industry—explore the Lineworker Degree program at NMU today and discover how it can be a smart investment in your future.

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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