Tool and Die Technology Degree from Marshalltown Community College Return on Investment

See what the return on investment is for jobs that someone with a Tool and Die Technology degree from Marshalltown Community College is likely to work in.

F D C B A
Approximate Total Payment $67,824
Approximate Total Interest $19,196
Monthly Payment $471.00
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 tool and die technology from marshalltown community college

Tool and die makers

Projection Rating: A-

Median Annual Wage: $61,490

Percentage of Paycheck to Repay: 9.19%-6.84%

Employment Change: -5.8%

Entry-Level Education: Postsecondary nondegree award

Machinists

Projection Rating: B+

Median Annual Wage: $50,840

Percentage of Paycheck to Repay: 11.12%-8.27%

Employment Change: 5%

Entry-Level Education: High school diploma or equivalent

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Investing in your education is a critical step toward achieving a successful career, and a Tool and Die Technology degree from Marshalltown Community College (MCC) offers an exceptional return on investment (ROI). With the growing demand for skilled professionals in the manufacturing sector, this program equips students with the practical skills and theoretical knowledge necessary to excel in the industry.

By choosing MCC, students benefit from a curriculum that combines hands-on training with advanced technology, ensuring they are job-ready upon graduation. The program covers essential topics such as computer-aided design (CAD), machining, and fabrication techniques, providing a comprehensive foundation in tool and die manufacturing.

The ROI of a Tool and Die Technology degree extends beyond immediate employment opportunities. Graduates often enjoy higher earning potential compared to those without specialized training. The Bureau of Labor Statistics reports that jobs in the manufacturing sector, particularly in tool and die making, offer competitive salaries and strong job security.

Moreover, MCC's strong industry connections and dedicated career services help students secure internships and employment after graduation, further enhancing their ROI. Many alumni have successfully transitioned into roles with reputable companies, where they continue to grow and advance in their careers.

In addition to financial benefits, a Tool and Die Technology degree fosters critical thinking, problem-solving, and technical skills that are highly valued by employers. Graduates are not only prepared for immediate job placements but are also positioned for long-term career growth in a rapidly evolving industry.

In conclusion, pursuing a Tool and Die Technology degree from Marshalltown Community College is a smart investment for those looking to enter the manufacturing field. With a strong emphasis on practical skills, industry connections, and a focus on student success, MCC provides an excellent pathway to a rewarding career with a significant return on investment.

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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