Mechanical Engineering, Mechanical Technology, Technician Degree from Moraine Valley Community College Return on Investment

See what the return on investment is for jobs that someone with a Mechanical Engineering, Mechanical Technology, Technician degree from Moraine Valley Community College is likely to work in.

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Approximate Total Payment $50,133
Approximate Total Interest $14,189
Monthly Payment $348.15
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 mechanical engineering, mechanical technology, technician from moraine valley community college

Mechanical engineering technologists and technicians

Projection Rating: A-

Median Annual Wage: $64,020

Percentage of Paycheck to Repay: 6.53%-4.86%

Employment Change: 0.8%

Entry-Level Education: Associate's degree

Mechanical engineers

Projection Rating: A

Median Annual Wage: $99,510

Percentage of Paycheck to Repay: 4.20%-3.12%

Employment Change: 32.1%

Entry-Level Education: Bachelor's degree

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The Mechanical Engineering and Mechanical Technology Technician Degree offered at Moraine Valley Community College is not just an educational opportunity; it’s a strategic investment in your future. As industries continue to evolve, the demand for skilled professionals in mechanical engineering is on the rise, making this degree a pathway to a rewarding career.

With a focus on hands-on learning, the program equips students with the practical skills and theoretical knowledge necessary to thrive in various engineering roles. Graduates are well-prepared to enter the workforce, with competencies in areas such as design, manufacturing, and system analysis. This makes them highly attractive to employers in a competitive job market.

One of the key aspects of the return on investment (ROI) for pursuing a degree in Mechanical Engineering or Mechanical Technology at Moraine Valley is the competitive earning potential. According to industry reports, individuals in these fields can expect to earn a substantial salary, often exceeding the national average for other professions. This financial benefit, combined with the relatively low cost of tuition at Moraine Valley, enhances the overall ROI of the program.

Additionally, the college’s strong connections with local industries provide students with valuable networking opportunities and internships, further increasing their employability upon graduation. The practical experience gained through these connections not only enriches the learning experience but also allows students to build a professional portfolio that sets them apart in the job market.

Investing in a Mechanical Engineering or Mechanical Technology Technician Degree from Moraine Valley Community College is a smart choice for those looking to secure a promising career in a dynamic field. With the skills acquired and the support provided by the college, graduates are positioned to achieve both professional success and financial stability, making it a worthwhile investment in their future.

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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