Machine Tool Technology Degree from Colorado Mesa University Return on Investment

See what the return on investment is for jobs that someone with a Machine Tool Technology degree from Colorado Mesa University is likely to work in.

F D C B A
Approximate Total Payment $91,627
Approximate Total Interest $25,934
Monthly Payment $636.30
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 tool technology from colorado mesa university

Machinists

Projection Rating: B-

Median Annual Wage: $50,840

Percentage of Paycheck to Repay: 15.02%-11.18%

Employment Change: 5%

Entry-Level Education: High school diploma or equivalent

Tool and die makers

Projection Rating: B

Median Annual Wage: $61,490

Percentage of Paycheck to Repay: 12.42%-9.24%

Employment Change: -5.8%

Entry-Level Education: Postsecondary nondegree award

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The Machine Tool Technology degree from Colorado Mesa University (CMU) offers a compelling return on investment for students looking to enter the manufacturing sector. With a focus on hands-on training and industry-relevant skills, this program equips graduates with the knowledge and expertise needed to excel in a rapidly evolving job market.

One of the key benefits of pursuing a degree in Machine Tool Technology at CMU is the strong demand for skilled machinists and technicians. According to the Bureau of Labor Statistics, the employment of machinists is projected to grow, making this degree a strategic choice for those seeking stable and lucrative career opportunities.

Graduates of the program often find themselves in high-paying positions within various industries, including aerospace, automotive, and medical manufacturing. The practical skills gained through CMU’s curriculum, combined with real-world experience from internships and workshops, ensure that students are well-prepared for the workforce.

Moreover, CMU’s partnerships with local businesses and industry leaders provide valuable networking opportunities, enhancing students’ chances of securing employment after graduation. With a combination of personalized support from faculty and access to state-of-the-art facilities, students can maximize their learning experience and career prospects.

In terms of cost, Colorado Mesa University offers competitive tuition rates, making it an affordable option for many students. When considering the long-term benefits of earning a degree in Machine Tool Technology, including increased earning potential and job stability, the return on investment becomes clear. Students can expect to see a significant payoff as they embark on their careers in this essential field.

In conclusion, choosing to pursue a Machine Tool Technology degree from Colorado Mesa University not only sets students up for success in a high-demand industry but also ensures a solid return on investment that can lead to a fulfilling and prosperous career.

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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