Insurance Degree from University of Iowa Return on Investment

See what the return on investment is for jobs that someone with a Insurance degree from University of Iowa is likely to work in.

F D C B A
Approximate Total Payment $104,346
Approximate Total Interest $29,533
Monthly Payment $724.62
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 insurance from university of iowa

Insurance sales agents

Projection Rating: B

Median Annual Wage: $59,080

Percentage of Paycheck to Repay: 14.72%-10.95%

Employment Change: 33.4%

Entry-Level Education: High school diploma or equivalent

Insurance underwriters

Projection Rating: B+

Median Annual Wage: $77,860

Percentage of Paycheck to Repay: 11.17%-8.31%

Employment Change: -4.7%

Entry-Level Education: Bachelor's degree

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When considering your educational investment, the Insurance Degree from the University of Iowa stands out for its exceptional return on investment (ROI). This program not only equips students with essential knowledge about risk management and insurance practices but also positions graduates for lucrative career opportunities in a growing industry.

The insurance sector is experiencing a surge in demand for skilled professionals, and the University of Iowa's curriculum is designed to meet this need. With a focus on real-world applications, students gain hands-on experience and valuable insights into the complexities of the insurance landscape. This practical approach enhances employability and prepares graduates to excel in various roles, including underwriting, claims management, and risk assessment.

Graduates of the Insurance Degree program can expect competitive salaries that reflect their expertise. According to recent statistics, the average starting salary for insurance graduates from the University of Iowa is significantly higher than the national average, showcasing the program's effectiveness in preparing students for success.

Moreover, the University of Iowa boasts strong industry connections, providing students with networking opportunities that can lead to internships and job placements. These connections not only bolster the educational experience but also enhance the overall ROI of the degree.

Investing in an Insurance Degree from the University of Iowa is not merely about acquiring knowledge; it is a strategic move towards a stable and rewarding career. With the increasing complexity of global risks, the need for qualified insurance professionals will continue to grow, making this degree a wise investment for the future.

In summary, the Insurance Degree from the University of Iowa offers a robust return on investment through high earning potential, industry relevance, and a strong support network. Choosing this path means investing in a prosperous career while contributing positively to society by effectively managing risk.

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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