Machine Tool Technology Degree from Columbia Basin College Return on Investment

See what the return on investment is for jobs that someone with a Machine Tool Technology degree from Columbia Basin College is likely to work in.

F D C B A
Approximate Total Payment $68,051
Approximate Total Interest $19,261
Monthly Payment $472.58
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 columbia basin college

Machinists

Projection Rating: B+

Median Annual Wage: $50,840

Percentage of Paycheck to Repay: 11.15%-8.30%

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: 9.22%-6.86%

Employment Change: -5.8%

Entry-Level Education: Postsecondary nondegree award

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Investing in your education is a significant decision, and pursuing a Machine Tool Technology degree from Columbia Basin College (CBC) offers an impressive return on investment (ROI). This program equips students with the essential skills and knowledge needed to excel in the manufacturing sector, a field that is continuously evolving and expanding.

With a focus on hands-on training and state-of-the-art technology, CBC’s Machine Tool Technology program prepares graduates for a variety of high-demand careers. Students learn precision machining, computer-aided design (CAD), and other vital skills that are sought after by employers. The result is a workforce ready to meet the challenges of a competitive job market.

One of the key factors contributing to the strong ROI of a Machine Tool Technology degree from CBC is the high employment rate of graduates. Many students secure jobs shortly after completing their programs, often with competitive starting salaries. The skills acquired during the course translate directly into value for employers, making CBC graduates highly desirable candidates.

In addition to immediate job placement, the long-term earning potential in the manufacturing industry is substantial. As graduates gain experience, they often see their salaries rise significantly, along with opportunities for advancement into supervisory or specialized roles. This upward mobility further enhances the return on investment of the degree.

Moreover, Columbia Basin College offers affordable tuition rates and financial aid options, making this degree accessible to a wider range of students. The combination of low educational costs and high earning potential makes the Machine Tool Technology program an economically sound choice.

In summary, pursuing a Machine Tool Technology degree from Columbia Basin College is not just an educational journey; it’s an investment in your future. With a strong focus on practical skills, high job placement rates, and promising salary growth, CBC graduates are well-positioned for success in the thriving manufacturing industry. Start your journey today and reap the rewards of your investment in education.

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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