Machine Tool Technology Degree from Wayne County Community College District Return on Investment

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

F D C B A
Approximate Total Payment $54,031
Approximate Total Interest $15,293
Monthly Payment $375.22
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 wayne county community college district

Machinists

Projection Rating: A-

Median Annual Wage: $50,840

Percentage of Paycheck to Repay: 8.86%-6.59%

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: 7.32%-5.45%

Employment Change: -5.8%

Entry-Level Education: Postsecondary nondegree award

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Investing in your education is a crucial decision, and a Machine Tool Technology Degree from Wayne County Community College District (WCCCD) offers exceptional value. This program equips students with the technical skills and hands-on experience necessary to excel in the manufacturing industry, which is experiencing substantial growth. Graduates benefit from a high return on investment (ROI), thanks to the increasing demand for skilled machinists and technicians.

With a Machine Tool Technology Degree, you can expect competitive salaries and numerous job opportunities. According to recent industry reports, the average salary for machinists and related professionals is significantly higher than the national average. Many WCCCD graduates secure positions in reputable companies, making their educational investment pay off quickly.

Moreover, WCCCD's strong partnerships with local industries mean that students often have access to internships and job placements. This real-world experience enhances your resume and increases employability upon graduation. By choosing WCCCD, you're not just earning a degree; you're launching a career with a solid foundation.

Financially, WCCCD offers affordable tuition rates and financial aid options, making it easier for students to manage their education costs. The combination of low tuition and high earning potential translates to an impressive ROI, making the Machine Tool Technology Degree a smart choice for aspiring professionals.

In summary, a Machine Tool Technology Degree from Wayne County Community College District is not just an academic credential; it's a strategic investment in your future. With strong job prospects, competitive salaries, and valuable industry connections, graduates can expect a substantial return on their educational investment. Start your journey in the thriving field of manufacturing 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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