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.

No College Earnings Comparison

Earnings Comparison - No College

The information provided below is an overview of projected earnings over 30 years for a person not involved in the E5 program and with no college degree. 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

7.50

1040

7,800.00

7-12 mo

7.75

1040

8,060.00

13-24 mo

8.00

2080

16,640.00

25-36 mo

8.25

2080

17,160.00

37-48 mo

9.00

2080

18,720.00

       
     

68,380.00

   

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

64,220.00

       

Year

     

5

10.00

2080

20,800.00

6

11.00

2080

22,880.00

7

12.00

2080

24,960.00

8

13.00

2080

27,040.00

9

14.00

2080

29,120.00

10

15.00

2080

31,200.00

11

16.00

2080

33,280.00

12

16.00

2080

33,280.00

13

16.00

2080

33,280.00

14

16.00

2080

33,280.00

15

16.00

2080

33,280.00

16

16.00

2080

33,280.00

17

16.00

2080

33,280.00

18

16.00

2080

33,280.00

19

16.00

2080

33,280.00

20

16.00

2080

33,280.00

21

16.00

2080

33,280.00

22

16.00

2080

33,280.00

23

16.00

2080

33,280.00

24

16.00

2080

33,280.00

25

16.00

2080

33,280.00

26

16.00

2080

33,280.00

27

16.00

2080

33,280.00

28

16.00

2080

33,280.00

29

16.00

2080

33,280.00

30

16.00

2080

33,280.00

       
       
   

Over 30 year period

885,820.00