Plumber Degree from Northern Maine Community College Return on Investment

See what the return on investment is for jobs that someone with a Plumber degree from Northern Maine Community College is likely to work in.

F D C B A
Approximate Total Payment $77,532
Approximate Total Interest $21,944
Monthly Payment $538.41
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 plumber from northern maine community college

Plumbers, pipefitters, and steamfitters

Projection Rating: B+

Median Annual Wage: $61,550

Percentage of Paycheck to Repay: 10.50%-7.81%

Employment Change: 26.3%

Entry-Level Education: High school diploma or equivalent

Maintenance workers, machinery

Projection Rating: B+

Median Annual Wage: $57,350

Percentage of Paycheck to Repay: 11.27%-8.38%

Employment Change: 4.6%

Entry-Level Education: High school diploma or equivalent

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Investing in your education is one of the most important decisions you can make for your future career. A plumber degree from Northern Maine Community College (NMCC) offers a unique opportunity to gain hands-on experience and technical skills that are highly valued in the job market. But what can you expect in terms of return on investment (ROI)?

Firstly, the demand for skilled plumbers continues to rise. According to the Bureau of Labor Statistics, employment for plumbers, pipefitters, and steamfitters is projected to grow by 5% from 2020 to 2030, which is faster than the average for all occupations. This increased demand translates into job security and competitive salaries for graduates of NMCC's plumbing program.

Graduates from NMCC are well-prepared to enter the workforce, with a curriculum designed to provide comprehensive training in plumbing systems, installation techniques, and safety protocols. The college’s strong emphasis on practical experience ensures that students are job-ready, giving them an edge over their peers. Many graduates find employment shortly after completing their degree, often earning starting salaries that can quickly recoup their educational investment.

Furthermore, NMCC has strong partnerships with local businesses, which can lead to internships and job placement opportunities for students. These connections not only enhance educational experiences but also facilitate networking within the industry, further increasing employment prospects post-graduation.

Financially, the cost of obtaining a plumber degree from NMCC is relatively low compared to four-year institutions, yet the earning potential is significant. Many graduates find themselves earning a substantial income within just a few years of entering the workforce. This means that the ROI for a plumber degree is not only promising in terms of salary but also in career advancement opportunities.

In conclusion, pursuing a plumber degree from Northern Maine Community College is a smart investment for those looking to enter a stable and lucrative profession. With a growing job market, hands-on training, and strong local connections, NMCC equips its students with the tools they need to succeed in the plumbing industry. Start your journey today and secure a bright future in a rewarding field.

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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