Precision Production Degree from Sheridan College Return on Investment

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

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Approximate Total Payment $63,507
Approximate Total Interest $17,975
Monthly Payment $441.02
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 sheridan college

Machinists

Projection Rating: B+

Median Annual Wage: $50,840

Percentage of Paycheck to Repay: 10.41%-7.75%

Employment Change: 5%

Entry-Level Education: High school diploma or equivalent

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The Precision Production Degree from Sheridan College offers students a unique opportunity to gain specialized skills in the manufacturing and machining industries. With a focus on hands-on training and cutting-edge technology, graduates are well-prepared to enter the workforce and meet the demands of employers. But what about the return on investment (ROI) for this degree?

Investing in your education is a significant decision, and understanding the ROI of a Precision Production Degree can help clarify its value. Graduates of this program often find themselves in high-demand roles, leading to competitive salaries that can significantly outweigh the cost of tuition. According to recent data, graduates can expect to earn a starting salary that is above the national average for similar fields, making this degree a financially sound choice.

Additionally, the employment rate for graduates from Sheridan College is impressively high, with many securing jobs shortly after completion of the program. This swift transition into the workforce can further enhance the ROI, as students begin to recoup their educational expenses almost immediately.

Moreover, the skills acquired through the Precision Production Degree are applicable across various sectors, including aerospace, automotive, and general manufacturing. This versatility not only increases job opportunities but also allows graduates to adapt to shifts in industry demand, ensuring long-term career stability.

In conclusion, the Precision Production Degree from Sheridan College is more than just an educational credential; it is a strategic investment in your future. With strong earning potential, high job placement rates, and versatile skills, students can expect a favorable return on their investment, making it a worthwhile consideration for those looking to advance their careers in precision manufacturing.

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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