Manufacturing Engineering Technology Degree from Northeast Wisconsin Technical College Return on Investment

See what the return on investment is for jobs that someone with a Manufacturing Engineering 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 manufacturing engineering technology from northeast wisconsin technical college

Industrial engineering technologists and technicians

Projection Rating: A-

Median Annual Wage: $62,610

Percentage of Paycheck to Repay: 8.91%-6.63%

Employment Change: 3%

Entry-Level Education: Associate's degree

Mechanical engineering technologists and technicians

Projection Rating: A-

Median Annual Wage: $64,020

Percentage of Paycheck to Repay: 8.71%-6.48%

Employment Change: 0.8%

Entry-Level Education: Associate's degree

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The Manufacturing Engineering Technology Degree from Northeast Wisconsin Technical College (NWTC) offers an exceptional return on investment (ROI) for students seeking a career in the booming manufacturing sector. As industries increasingly prioritize advanced manufacturing processes, the demand for skilled professionals continues to rise. Graduating with this degree not only equips students with essential technical skills but also significantly enhances their employability and earning potential.

One of the key benefits of pursuing a Manufacturing Engineering Technology Degree at NWTC is the college's strong connections with local and regional manufacturers. These partnerships provide students with valuable internship opportunities, hands-on experience, and insights into real-world applications. As a result, graduates often secure well-paying positions immediately upon completing their degree, ensuring a rapid return on their educational investment.

Moreover, NWTC's comprehensive curriculum covers various aspects of manufacturing engineering, including automation, robotics, and quality control. This diverse skill set prepares graduates to tackle a wide range of challenges within the industry, making them highly valuable to employers. As manufacturers seek to innovate and improve efficiency, the expertise gained from this program positions graduates as key contributors to their organizations.

Financially, the ROI on a Manufacturing Engineering Technology Degree is evident when considering the average starting salaries for graduates. According to industry data, graduates can expect to earn competitive wages, often exceeding the national average for entry-level positions. With a relatively low cost of tuition compared to the potential earnings, students can recoup their educational expenses in a short timeframe.

In addition to immediate financial benefits, the degree opens doors to career advancement opportunities. As graduates gain experience, they can move into management or specialized roles, further increasing their earning potential over time. The long-term career prospects in manufacturing engineering are promising, with ongoing advancements in technology ensuring a steady demand for qualified professionals.

In summary, the Manufacturing Engineering Technology Degree from Northeast Wisconsin Technical College provides an excellent return on investment through high employability rates, competitive starting salaries, and opportunities for career growth. For those looking to enter a thriving industry, this degree represents a smart and strategic choice.

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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