Vehicle Maintenance and Repair Technologies Degree from Clover Park Technical College Return on Investment

See what the return on investment is for jobs that someone with a Vehicle Maintenance and Repair Technologies degree from Clover Park Technical College is likely to work in.

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Approximate Total Payment $60,254
Approximate Total Interest $17,054
Monthly Payment $418.43
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 vehicle maintenance and repair technologies from clover park technical college

Automotive service technicians and mechanics

Projection Rating: B+

Median Annual Wage: $47,770

Percentage of Paycheck to Repay: 10.51%-7.82%

Employment Change: 21.2%

Entry-Level Education: Postsecondary nondegree award

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Investing in your education is a significant decision, and choosing a degree in Vehicle Maintenance and Repair Technologies from Clover Park Technical College (CPTC) can yield substantial returns. This program is designed to equip students with the essential skills and knowledge needed to excel in the automotive industry, making graduates highly sought after by employers.

One of the key benefits of pursuing a Vehicle Maintenance and Repair Technologies degree at CPTC is the hands-on training students receive. With access to state-of-the-art facilities and equipment, students gain practical experience that is directly applicable in the workforce. This real-world training not only enhances learning but also boosts employability upon graduation.

Additionally, the automotive industry is experiencing a rapid growth rate, with an increasing demand for skilled technicians. According to the Bureau of Labor Statistics, job opportunities for automotive service technicians and mechanics are expected to grow steadily over the next decade. Graduates can expect to find employment in various settings, from dealerships to independent repair shops, ensuring a broad range of options for career placement.

Moreover, the return on investment (ROI) for a degree in Vehicle Maintenance and Repair Technologies is compelling. Graduates typically enjoy competitive salaries, with many starting positions offering above-average pay. The skills acquired through the program not only lead to entry-level positions but also pave the way for career advancement into supervisory roles, specialized technician positions, and even management opportunities within the automotive sector.

Clover Park Technical College is committed to student success, offering career services and job placement assistance to help graduates transition smoothly into the workforce. This support system further enhances the ROI of the degree, as students are provided with the tools and resources necessary to land desirable positions in the industry.

In conclusion, a degree in Vehicle Maintenance and Repair Technologies from Clover Park Technical College offers a robust return on investment through practical training, high job demand, and strong earning potential. By choosing this program, you are not just investing in your education, but also in a rewarding career in the automotive 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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