Machine Shop Technology Degree from Corning Community College Return on Investment
See what the return on investment is for jobs that someone with a Machine Shop Technology degree from Corning Community College is likely to work in.
Top job projections for graduates in machine shop technology from corning community college
Machinists
Projection Rating: A-
Median Annual Wage: $50,840
Percentage of Paycheck to Repay: 9.71%-7.23%
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: 8.03%-5.98%
Employment Change: -5.8%
Entry-Level Education: Postsecondary nondegree award
The decision to pursue a Machine Shop Technology degree from Corning Community College (CCC) can significantly impact your career and financial future. Understanding the return on investment (ROI) of this program is crucial for prospective students. Here’s why investing in your education at CCC can yield substantial benefits.
First and foremost, a Machine Shop Technology degree equips you with the hands-on skills and theoretical knowledge that industries demand. Graduates emerge with proficiency in operating complex machinery, understanding blueprints, and applying precision machining techniques. This skill set is highly sought after in various sectors, including manufacturing, aerospace, and automotive industries.
With the increasing demand for skilled machinists, graduates from CCC often enjoy competitive starting salaries. According to industry reports, those with a Machine Shop Technology degree can earn salaries that range from $40,000 to $60,000 annually, depending on experience and specialization. This salary potential illustrates a favorable ROI, especially when considering the relatively low cost of tuition at Corning Community College.
Additionally, CCC offers robust career services and connections to local industries, enhancing job placement opportunities for graduates. The college’s strong reputation within the community and partnerships with employers can lead to internships and job offers, further accelerating your career path and financial return.
Moreover, the skills acquired through the Machine Shop Technology program are transferable across various manufacturing roles, allowing for career mobility and growth. As you gain experience and further your education, your earning potential can increase significantly, making your initial investment even more worthwhile.
In summary, a Machine Shop Technology degree from Corning Community College is not just an educational milestone but a strategic investment in your future. With the combination of practical training, strong job placement rates, and attractive salary prospects, the ROI of this degree is strong, paving the way for a successful and rewarding career in the manufacturing industry.
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.