e5 vs. College

The e5 program provides a great career alternative to college. Find out information about how you can start a lucrative career in the electrical industry.

e5 Earnings Comparison

e5 Earnings Comparison

The information provided below is an overview of projected wages or earnings of a participant of the E5 Scholarship program over a 30 year period of time. The analysis is based on the most current data aggregated from The College Board's Annual Survey of Colleges.

 

Wage

Hours Worked

Gross Pay

1-6 mo

10.50

1040

10,920.00

7-12 mo

11.50

1040

11,960.00

13-24 mo

12.35

2080

25,688.00

25-36 mo

14.25

2080

29,640.00

37-48 mo

16.15

2080

33,592.00

       
     

111,800.00

   

Cost of school

$(4,160.00)

   

Loans to repay

None

   

Interest on loans to repay

None

   

Medical / Vacation / Holiday benefits

Included

       
   

Gross Pay 1st 4 years less School Cost

107,640.00

       

Year

     

5

18.00

2200

39,600.00

6

19.26

2200

42,372.00

7

20.61

2200

45,338.04

8

22.05

2200

48,511.70

9

23.59

2200

51,907.52

10

25.25

2200

55,541.05

11

25.00

2200

55,000.00

12

25.00

2200

55,000.00

13

26.00

2200

57,200.00

14

26.00

2200

57,200.00

15

27.00

2200

59,400.00

16

27.00

2200

59,400.00

17

28.00

2200

61,600.00

18

28.00

2200

61,600.00

19

29.00

2200

63,800.00

20

29.00

2200

63,800.00

21

29.00

2200

63,800.00

22

29.00

2200

63,800.00

23

29.00

2200

63,800.00

24

29.00

2200

63,800.00

25

29.00

2200

63,800.00

26

29.00

2200

63,800.00

27

29.00

2200

63,800.00

28

29.00

2200

63,800.00

29

29.00

2200

63,800.00

30

29.00

2200

63,800.00

       
       
   

Over 30 year period

$1,622,910.31