Vehicle Maintenance and Repair Technologies Degree from Oglala Lakota College Return on Investment

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

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Approximate Total Payment $46,719
Approximate Total Interest $13,223
Monthly Payment $324.44
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 oglala lakota college

Automotive service technicians and mechanics

Projection Rating: A-

Median Annual Wage: $47,770

Percentage of Paycheck to Repay: 8.15%-6.06%

Employment Change: 21.2%

Entry-Level Education: Postsecondary nondegree award

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Investing in a Vehicle Maintenance and Repair Technologies Degree from Oglala Lakota College offers significant long-term benefits, both professionally and financially. As the automotive industry continues to evolve with advancements in technology, the demand for skilled technicians is at an all-time high. This degree equips students with the essential knowledge and hands-on experience needed to excel in this dynamic field.

The return on investment (ROI) for graduates of the Vehicle Maintenance and Repair Technologies program is compelling. With an increasing number of vehicles on the road and a growing focus on environmentally friendly technologies, skilled technicians are essential for vehicle upkeep and repair. Graduates can expect to enter a workforce with competitive salaries, often starting at above-average rates compared to other entry-level positions.

Moreover, Oglala Lakota College emphasizes real-world experience through internships and partnerships with local automotive businesses. This practical training not only enhances learning but also improves job placement rates after graduation. By choosing this program, students gain invaluable networking opportunities that can lead to rewarding careers in automotive repair, diagnostics, and maintenance.

In addition, the cost of tuition for the Vehicle Maintenance and Repair Technologies Degree is structured to be accessible, allowing students to minimize their financial burden while maximizing their earning potential post-graduation. The skills acquired in this program can lead to various career paths, including positions in dealerships, independent repair shops, and even opportunities for self-employment.

In summary, obtaining a Vehicle Maintenance and Repair Technologies Degree from Oglala Lakota College is a smart investment for those looking to secure a prosperous future in the automotive industry. With a strong job market, competitive salaries, and extensive hands-on training, students can expect a substantial return on their educational 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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