Insurance Degree from Illinois State University Return on Investment
See what the return on investment is for jobs that someone with a Insurance degree from Illinois State University is likely to work in.
Top job projections for graduates in insurance from illinois state university
Insurance sales agents
Projection Rating: B-
Median Annual Wage: $59,080
Percentage of Paycheck to Repay: 18.68%-13.90%
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: 14.17%-10.55%
Employment Change: -4.7%
Entry-Level Education: Bachelor's degree
The decision to pursue an Insurance Degree from Illinois State University is not just about gaining knowledge; it's an investment in your future. With the increasing complexity of the insurance industry, having a specialized degree equips you with the skills and expertise necessary to thrive in various roles within this field.
One of the most important considerations for prospective students is the return on investment (ROI) of their educational choices. Illinois State University offers a robust insurance program that prepares students for high-demand positions in a growing job market. Graduates often secure roles in underwriting, risk management, claims adjustment, and insurance sales, all of which come with competitive salaries and career advancement opportunities.
According to recent data, graduates with an insurance degree from Illinois State University can expect a significant salary increase compared to those without a specialized degree. The university’s strong industry connections and internship opportunities further enhance students' employability, allowing them to gain valuable experience and networking contacts before they even graduate.
Additionally, the curriculum is designed to provide hands-on learning experiences and real-world applications, helping students to not only understand theoretical concepts but also to apply them effectively in professional settings. This practical approach to education is a key factor contributing to the high ROI for graduates.
Moreover, the insurance industry is known for its stability and resilience, making it a safe career choice. With a degree from Illinois State University, students are not only positioned to enter a thriving job market but also to enjoy a fulfilling career with opportunities for growth and development.
In summary, an Insurance Degree from Illinois State University is more than just a credential; it’s a strategic investment that pays dividends through high earning potential, job security, and career satisfaction. Take the first step towards a rewarding career in insurance and experience the benefits of this valuable degree.
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.