Mechanic and Repair Technologies Degree from Laramie County Community College Return on Investment

See what the return on investment is for jobs that someone with a Mechanic and Repair Technologies degree from Laramie County Community College is likely to work in.

F D C B A
Approximate Total Payment $55,791
Approximate Total Interest $15,791
Monthly Payment $387.44
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 mechanic and repair technologies from laramie county community college

Maintenance and repair workers, general

Projection Rating: A-

Median Annual Wage: $46,700

Percentage of Paycheck to Repay: 9.96%-7.41%

Employment Change: 81.8%

Entry-Level Education: High school diploma or equivalent

Industrial machinery mechanics

Projection Rating: A-

Median Annual Wage: $61,420

Percentage of Paycheck to Repay: 7.57%-5.63%

Employment Change: 73.8%

Entry-Level Education: High school diploma or equivalent

Don't see the job you're looking for? Click here.

The Mechanic and Repair Technologies degree from Laramie County Community College (LCCC) offers students a unique opportunity to gain hands-on experience and in-depth knowledge in a high-demand field. With the automotive industry continuously evolving, this program equips graduates with the skills necessary to thrive in various repair and maintenance roles. But what does this mean in terms of return on investment (ROI)?

Investing in your education is a significant decision, and understanding the ROI of a Mechanic and Repair Technologies degree is essential. Graduates from LCCC are not only well-prepared for entry-level positions but also have the potential for career advancement. Many employers value the practical experience and technical expertise that LCCC graduates possess, often leading to higher starting salaries and job security.

According to recent statistics, graduates with a Mechanic and Repair Technologies degree can expect to earn competitive salaries, with many positions offering hourly wages that can exceed the national average. The demand for skilled automotive technicians continues to grow, driven by advances in technology and the need for regular vehicle maintenance. This means that graduates are likely to find employment quickly, further enhancing their ROI.

Moreover, LCCC provides a supportive learning environment with access to state-of-the-art facilities and experienced instructors. Students engage in real-world training that not only prepares them for the workforce but also helps them build a professional network within the industry. This connection can lead to better job opportunities and increased earning potential over time.

In addition to immediate financial benefits, graduates of the Mechanic and Repair Technologies program at LCCC also gain valuable skills that can be applied to various roles within the automotive field, such as service technicians, automotive service managers, and even opportunities in specialized areas like electric vehicle maintenance. This versatility in career options enhances the overall value of the degree.

In conclusion, pursuing a Mechanic and Repair Technologies degree from Laramie County Community College is a smart investment for those looking to enter a thriving industry. With high earning potential, strong job demand, and comprehensive training, graduates can expect a substantial return on their educational investment. Start your journey towards a rewarding career in automotive technology 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.

Get your personalized projection here!