Machine Shop Technology Degree from Davidson County Community College Return on Investment

See what the return on investment is for jobs that someone with a Machine Shop Technology degree from Davidson County 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 davidson county 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 a Machine Shop Technology Degree from Davidson County Community College (DCCC) offers a substantial return on investment for students aiming to enter the manufacturing and machining industries. With a strong focus on practical skills and hands-on training, this program equips graduates with the knowledge and expertise needed to excel in high-demand technical roles.

The machining industry is experiencing significant growth, leading to a surge in job opportunities for skilled technicians. By earning a Machine Shop Technology Degree from DCCC, you position yourself favorably in the job market, increasing your chances of landing a well-paying job. Graduates from this program often find employment in various sectors, including aerospace, automotive, and medical device manufacturing, with many starting salaries well above the national average for entry-level positions.

Moreover, the curriculum at DCCC is designed to meet industry standards, ensuring that students are well-prepared for the workforce. Hands-on training with state-of-the-art equipment allows students to gain practical experience that employers value. This real-world experience not only enhances your resume but also boosts your confidence when entering the job market.

Financially, the cost of obtaining a degree from Davidson County Community College is competitive compared to private institutions, making it an affordable option for many students. With various financial aid options available, including grants and scholarships, you can minimize your educational expenses while maximizing your earning potential.

In summary, a Machine Shop Technology Degree from Davidson County Community College is a smart investment in your future. With strong job prospects, competitive starting salaries, practical training, and affordable tuition, this program can lead to a rewarding and fulfilling career in the machining 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.

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