Precision Production Degree from Salem Community College Return on Investment

See what the return on investment is for jobs that someone with a Precision Production degree from Salem Community College is likely to work in.

F D C B A
Approximate Total Payment $52,196
Approximate Total Interest $14,773
Monthly Payment $362.47
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 precision production from salem community college

Machinists

Projection Rating: A-

Median Annual Wage: $50,840

Percentage of Paycheck to Repay: 8.56%-6.37%

Employment Change: 5%

Entry-Level Education: High school diploma or equivalent

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The Precision Production Degree from Salem Community College offers an exceptional return on investment for students seeking a rewarding career in the manufacturing and precision engineering sectors. With the growing demand for skilled professionals in these fields, graduates are positioned to benefit from lucrative job opportunities and competitive salaries.

Salem Community College’s Precision Production program is designed to equip students with practical skills and hands-on experience that are highly sought after by employers. The curriculum covers essential topics such as machining, manufacturing processes, and quality control, ensuring that graduates are workforce-ready upon completion.

One of the most compelling aspects of pursuing a Precision Production Degree is the impressive salary potential. According to industry reports, graduates can expect to earn significantly more than the average starting salary for associate degree holders. Many entry-level positions in precision machining and manufacturing offer salaries that can quickly escalate with experience and additional certifications.

Moreover, the investment in education at Salem Community College is reinforced by strong job placement rates. The college partners with local industries to provide students with networking opportunities and internships, which can lead to full-time employment after graduation. This connection to the local economy enhances the value of the degree, as students can transition smoothly into rewarding careers in their communities.

In addition to the financial benefits, obtaining a Precision Production Degree fosters personal growth and skill development. Students learn critical thinking, problem-solving, and technical skills that are applicable in various manufacturing settings. This broad skill set not only enhances employability but also prepares graduates for advancement into supervisory or specialized roles within the industry.

In conclusion, investing in a Precision Production Degree from Salem Community College is a strategic choice for those looking to enter a thriving job market. With strong earning potential, robust job placement support, and a comprehensive skill development program, graduates are well-equipped to secure a successful future in the precision manufacturing 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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