Machine Shop Technology Degree from Northeast Wisconsin Technical College Return on Investment

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

F D C B A
Approximate Total Payment $66,916
Approximate Total Interest $18,940
Monthly Payment $464.70
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 northeast wisconsin technical college

Machinists

Projection Rating: B+

Median Annual Wage: $50,840

Percentage of Paycheck to Repay: 10.97%-8.16%

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: 9.07%-6.75%

Employment Change: -5.8%

Entry-Level Education: Postsecondary nondegree award

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Investing in a Machine Shop Technology Degree from Northeast Wisconsin Technical College (NWTC) is a smart choice for aspiring professionals in the manufacturing industry. With the demand for skilled machinists on the rise, graduates can expect a strong return on investment (ROI) in both their careers and financial stability.

The Machine Shop Technology program at NWTC offers hands-on training with state-of-the-art equipment, ensuring students are well-prepared for the workforce. Graduates enter the job market with practical skills that are immediately applicable, making them highly desirable to employers in various sectors, including aerospace, automotive, and general manufacturing.

According to recent statistics, graduates from NWTC's Machine Shop Technology program enjoy competitive salaries, often exceeding $50,000 annually, depending on experience and location. This earning potential, coupled with the relatively low cost of tuition at NWTC, means that students can recoup their educational expenses quickly.

Furthermore, the college's strong industry connections provide students with valuable networking opportunities, internships, and job placements, further enhancing their chances of landing lucrative positions. The program's comprehensive curriculum covers essential topics such as CNC machining, blueprint reading, and precision measurement, all of which contribute to a graduate's marketability.

In addition to the financial benefits, pursuing a Machine Shop Technology Degree from NWTC also opens doors to career advancement. Many graduates find opportunities for promotion and specialization, allowing them to pursue higher-paying roles in management or technical fields.

In summary, the Machine Shop Technology Degree from Northeast Wisconsin Technical College not only equips students with essential skills but also offers a significant return on investment through high earning potential, industry connections, and career advancement opportunities. Take the first step toward a rewarding career in machining 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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