Machine Shop Technology Degree from Alamance Community College Return on Investment

See what the return on investment is for jobs that someone with a Machine Shop Technology degree from Alamance Community College is likely to work in.

F D C B A
Approximate Total Payment $64,682
Approximate Total Interest $18,307
Monthly Payment $449.18
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 machine shop technology from alamance community college

Machinists

Projection Rating: B+

Median Annual Wage: $50,840

Percentage of Paycheck to Repay: 10.60%-7.89%

Employment Change: 5%

Entry-Level Education: High school diploma or equivalent

Tool and die makers

Projection Rating: A-

Median Annual Wage: $61,490

Percentage of Paycheck to Repay: 8.77%-6.52%

Employment Change: -5.8%

Entry-Level Education: Postsecondary nondegree award

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Investing in education can be one of the most significant decisions you make for your future. If you’re considering a career in machining, the Machine Shop Technology Degree from Alamance Community College offers a remarkable return on investment (ROI) that can set you up for long-term success.

The program not only equips students with essential skills in machining, tool-making, and CNC operations but also provides hands-on experience with the latest technology in the industry. This practical training ensures that graduates are job-ready, making them attractive candidates for employers looking for skilled machinists.

According to recent data, graduates of the Machine Shop Technology program enjoy competitive starting salaries, often outpacing their peers in other fields. The demand for skilled machinists continues to rise, with many industries actively seeking qualified professionals. This high demand translates to job security and opportunities for career advancement, further enhancing the ROI of your degree.

Additionally, Alamance Community College offers flexible learning options, including evening and online classes, allowing you to balance your education with work and personal commitments. This flexibility makes it easier to earn your degree while minimizing financial strain.

Furthermore, students can take advantage of various financial aid options, including scholarships and grants, which can significantly reduce the overall cost of education. With a Machine Shop Technology Degree from Alamance Community College, you’re not just earning a credential; you’re investing in a brighter future.

In summary, the Machine Shop Technology Degree from Alamance Community College presents a solid return on investment through high starting salaries, strong job demand, and flexible learning options. Take the next step towards a rewarding career in machining and secure your financial future today!

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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