Education Degree from Northern Illinois University Return on Investment

See what the return on investment is for jobs that someone with a Education degree from Northern Illinois University is likely to work in.

F D C B A
Approximate Total Payment $211,498
Approximate Total Interest $59,861
Monthly Payment $1468.73
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 education from northern illinois university

Education administrators, all other

Projection Rating: B

Median Annual Wage: $88,460

Percentage of Paycheck to Repay: 13.28%-9.88%

Employment Change: 1.4%

Entry-Level Education: Bachelor's degree

Instructional coordinators

Projection Rating: C

Median Annual Wage: $74,620

Percentage of Paycheck to Repay: 23.62%-17.58%

Employment Change: 4.1%

Entry-Level Education: Master's degree

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Investing in your education is one of the most significant decisions you'll make in your lifetime, and a degree from Northern Illinois University (NIU) is no exception. Understanding the return on investment (ROI) of an education degree from NIU can help prospective students make informed choices about their future.

NIU's College of Education offers a comprehensive curriculum that equips students with the knowledge and skills necessary to excel in various educational settings. Graduates not only gain theoretical insights but also practical experience through internship opportunities and hands-on training, making them highly competitive in the job market.

When considering the ROI of an education degree from NIU, it's essential to look at several factors:

  • Job Placement Rates: NIU boasts impressive job placement rates for education graduates, with many finding employment shortly after graduation. This swift transition into the workforce is a crucial aspect of ROI.
  • Average Salaries: Graduates of NIU's education programs often earn competitive salaries. According to recent data, education professionals from NIU report starting salaries that are above the national average, leading to a quicker recouping of educational expenses.
  • Alumni Network: The strong NIU alumni network provides ongoing support and resources for graduates, facilitating job opportunities and career advancement. This connection can significantly enhance one's career trajectory and overall ROI.
  • Accreditation and Reputation: NIU's education programs are accredited and respected, which adds value to your degree. Employers often look for graduates from reputable institutions, giving NIU alumni an edge in the hiring process.

In addition to financial considerations, pursuing an education degree from NIU also offers personal rewards. Graduates often express a deep sense of fulfillment from making a positive impact in the lives of students and communities. This intrinsic value can be difficult to quantify but is an essential part of the overall return on investment.

In conclusion, an education degree from Northern Illinois University represents not only a financial investment but also a commitment to personal and professional growth. With strong job placement rates, competitive salaries, and a supportive alumni network, NIU graduates are well-positioned to achieve a significant return on their educational investment.

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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