Legal Assistant, Paralegal Degree from Miami Dade College Return on Investment

See what the return on investment is for jobs that someone with a Legal Assistant, Paralegal degree from Miami Dade College is likely to work in.

F D C B A
Approximate Total Payment $71,682
Approximate Total Interest $20,288
Monthly Payment $497.79
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 legal assistant, paralegal from miami dade college

Paralegals and legal assistants

Projection Rating: A-

Median Annual Wage: $60,970

Percentage of Paycheck to Repay: 9.80%-7.29%

Employment Change: 4.3%

Entry-Level Education: Associate's degree

Legal secretaries and administrative assistants

Projection Rating: B+

Median Annual Wage: $50,680

Percentage of Paycheck to Repay: 11.79%-8.77%

Employment Change: -7.9%

Entry-Level Education: High school diploma or equivalent

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Investing in a Legal Assistant or Paralegal degree from Miami Dade College is not just about gaining knowledge—it's about securing a lucrative career in the legal field. With the ever-growing demand for qualified legal professionals, graduates from Miami Dade College are uniquely positioned to capitalize on this trend.

The return on investment (ROI) for a paralegal degree is substantial. According to recent statistics, paralegals can earn an average salary ranging from $40,000 to $70,000 annually, depending on their level of experience and the specific area of law they specialize in. In addition, Miami Dade College provides a robust curriculum that equips students with practical skills and real-world experience, making them highly attractive candidates to potential employers.

Furthermore, Miami Dade College has strong connections with local law firms, government agencies, and corporate legal departments. This network not only enhances internship opportunities but also facilitates job placement upon graduation. Many students find employment shortly after completing their degree, often at firms that value the quality education received at Miami Dade College.

Moreover, pursuing a paralegal degree is often more affordable than traditional law school, with lower tuition costs and the potential to enter the workforce sooner. This accelerated pathway allows graduates to start earning a salary while minimizing student debt, further enhancing their ROI.

In summary, a Legal Assistant or Paralegal degree from Miami Dade College offers a compelling return on investment. With strong earning potential, job placement opportunities, and a cost-effective education, it’s a smart choice for anyone looking to enter the legal profession and secure their future.

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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