Welding Degree from Northeastern Junior College Return on Investment

See what the return on investment is for jobs that someone with a Welding degree from Northeastern Junior College is likely to work in.

F D C B A
Approximate Total Payment $81,839
Approximate Total Interest $23,163
Monthly Payment $568.32
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 welding from northeastern junior college

Welders, cutters, solderers, and brazers

Projection Rating: B

Median Annual Wage: $48,940

Percentage of Paycheck to Repay: 13.94%-10.37%

Employment Change: 9.3%

Entry-Level Education: High school diploma or equivalent

Structural metal fabricators and fitters

Projection Rating: B

Median Annual Wage: $48,480

Percentage of Paycheck to Repay: 14.07%-10.47%

Employment Change: -9.1%

Entry-Level Education: High school diploma or equivalent

Don't see the job you're looking for? Click here.

Are you considering a welding degree from Northeastern Junior College? Understanding the return on investment (ROI) of your educational choices is crucial in today’s job market. This article will explore the financial benefits and career opportunities that come with obtaining a welding degree from this esteemed institution.

Northeastern Junior College offers a comprehensive welding program that equips students with both practical skills and theoretical knowledge. Graduates are prepared for various welding certifications, which can significantly enhance employability and earning potential. With the demand for skilled welders on the rise, investing in a welding degree can lead to a rewarding career.

One of the primary factors contributing to the ROI of a welding degree is the average salary of certified welders. According to the Bureau of Labor Statistics, welders earn a competitive salary, with many positions offering hourly wages that can exceed $25. Additionally, experienced welders can earn upwards of $50,000 per year, especially in specialized fields or in industries such as construction, manufacturing, and energy.

Furthermore, the cost of attending Northeastern Junior College is relatively affordable compared to many four-year institutions. With financial aid options, scholarships, and a shorter program duration, students can minimize their debt while maximizing their earning potential. This makes the welding program not only a practical choice but also a financially sound investment in your future.

Moreover, the hands-on training and state-of-the-art facilities at Northeastern Junior College ensure that graduates are job-ready. Many local employers actively seek out graduates from the program, leading to strong job placement rates for alumni. This direct pathway to employment significantly enhances the ROI of obtaining a welding degree.

In conclusion, a welding degree from Northeastern Junior College presents a compelling return on investment. With a robust job market, competitive salaries, and affordable tuition, pursuing this career path is not only a smart choice but also a strategic investment in your future. Explore the opportunities available with a welding degree today and take the first step towards a fulfilling and lucrative career.

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.

Get your personalized projection here!