Economics Degree from SUNY at Binghamton Return on Investment

See what the return on investment is for jobs that someone with a Economics degree from SUNY at Binghamton is likely to work in.

F D C B A
Approximate Total Payment $114,417
Approximate Total Interest $32,384
Monthly Payment $794.56
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 economics from suny at binghamton

Economists

Projection Rating: B

Median Annual Wage: $115,730

Percentage of Paycheck to Repay: 12.36%-9.20%

Employment Change: 0.9%

Entry-Level Education: Master's degree

Market research analysts and marketing specialists

Projection Rating: B

Median Annual Wage: $74,680

Percentage of Paycheck to Repay: 12.77%-9.50%

Employment Change: 74.9%

Entry-Level Education: Bachelor's degree

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Investing in an Economics degree from SUNY Binghamton offers a remarkable return on investment (ROI) that can significantly enhance your career prospects and earning potential. As one of the top-ranked public universities in New York, SUNY Binghamton provides a rigorous academic experience coupled with practical learning opportunities that prepare graduates for the competitive job market.

The Economics program at SUNY Binghamton equips students with essential analytical skills, critical thinking abilities, and a deep understanding of economic principles. Graduates are well-prepared for various career paths, including finance, government, consulting, and academia. The strong alumni network and career services offered by the university further assist students in securing high-paying jobs after graduation.

According to recent statistics, individuals with an Economics degree from SUNY Binghamton can expect to see substantial salary increases compared to those with only a high school diploma. The average starting salary for graduates in this field is competitive, with many alumni reporting salaries well above the national average within just a few years of entering the workforce.

Moreover, the ROI of an Economics degree extends beyond immediate financial benefits. Graduates gain valuable skills that are applicable in various industries, making them versatile professionals capable of adapting to changing job markets. This flexibility enhances career longevity and stability, further solidifying the economic value of their education.

In conclusion, pursuing an Economics degree from SUNY Binghamton is not just an educational choice; it is a strategic investment in your future. With a combination of high earning potential, diverse career opportunities, and strong institutional support, students can confidently expect a favorable return on their investment, making SUNY Binghamton a wise choice for aspiring economists.

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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