Machine Tool Technology Degree from Northeast Mississippi Community College Return on Investment

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

F D C B A
Approximate Total Payment $57,279
Approximate Total Interest $16,212
Monthly Payment $397.77
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 northeast mississippi community college

Machinists

Projection Rating: A-

Median Annual Wage: $50,840

Percentage of Paycheck to Repay: 9.39%-6.99%

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: 7.76%-5.78%

Employment Change: -5.8%

Entry-Level Education: Postsecondary nondegree award

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The Machine Tool Technology Degree from Northeast Mississippi Community College (NMCC) offers an exceptional return on investment (ROI) for students looking to enter a high-demand field. With the manufacturing industry continuously evolving, skilled machinists are increasingly sought after, making this degree a smart choice for those aiming for stable employment and competitive salaries.

Graduates of the Machine Tool Technology program gain hands-on experience and technical skills that are directly applicable to real-world job scenarios. The curriculum is designed to provide a solid foundation in essential machining processes, blueprint reading, and the operation of various machine tools. This practical knowledge not only enhances employability but also prepares graduates for advanced positions within the industry.

One of the most compelling aspects of pursuing a Machine Tool Technology Degree at NMCC is the favorable job placement rate. Many graduates find employment shortly after completing their studies, often securing positions with reputable manufacturers and employers in the region. The demand for skilled machinists means that graduates can expect to see a quick return on their educational investment.

Financially, the costs associated with obtaining a degree from NMCC are competitive compared to other institutions. With affordable tuition and the potential for scholarships, students can minimize their debt while maximizing their career opportunities. The long-term earning potential for machinists is significant, with many graduates earning salaries that far exceed their educational expenses within just a few years of entering the workforce.

In summary, the Machine Tool Technology Degree from Northeast Mississippi Community College not only equips students with valuable skills but also delivers an impressive return on investment. Whether you're looking to start your career in manufacturing or advance to higher-level positions, this degree paves the way for success in a thriving 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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