Insurance Degree from Kent State University at Salem Return on Investment

See what the return on investment is for jobs that someone with a Insurance degree from Kent State University at Salem is likely to work in.

F D C B A
Approximate Total Payment $72,842
Approximate Total Interest $20,617
Monthly Payment $505.85
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 kent state university at salem

Insurance sales agents

Projection Rating: B+

Median Annual Wage: $59,080

Percentage of Paycheck to Repay: 10.27%-7.65%

Employment Change: 33.4%

Entry-Level Education: High school diploma or equivalent

Insurance underwriters

Projection Rating: A-

Median Annual Wage: $77,860

Percentage of Paycheck to Repay: 7.80%-5.80%

Employment Change: -4.7%

Entry-Level Education: Bachelor's degree

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The pursuit of an Insurance Degree from Kent State University at Salem is not just an academic endeavor; it's an investment in your future. As the insurance industry continues to grow, so does the demand for qualified professionals equipped with the knowledge and skills necessary to thrive in this dynamic field. By obtaining your degree from a reputable institution like Kent State University at Salem, you position yourself to reap considerable returns on your educational investment.

One of the most significant advantages of earning your Insurance Degree is the robust career opportunities that await you. Graduates often find themselves in high-demand positions such as insurance underwriters, claims adjusters, risk managers, and actuarial analysts. With the insurance sector projected to expand, the job market for insurance professionals remains strong, offering stability and growth potential.

Financially, the return on investment for an Insurance Degree can be substantial. According to industry statistics, individuals with a degree in insurance or risk management typically earn higher salaries compared to those without a degree. In fact, many entry-level positions in the insurance field offer competitive starting salaries, which tend to increase significantly with experience and further specialization.

Moreover, Kent State University at Salem provides a comprehensive curriculum that covers essential topics such as risk assessment, insurance law, and financial management. This specialized education equips graduates with the skills necessary to make informed decisions, ultimately enhancing their career prospects and earning potential.

Additionally, Kent State University at Salem emphasizes practical learning through internships and partnerships with local insurance firms. This hands-on experience not only enriches your education but also expands your professional network, which can be invaluable in securing job placements after graduation.

In conclusion, investing in an Insurance Degree from Kent State University at Salem is a strategic decision that can yield significant returns. With a growing job market, competitive salaries, and a strong educational foundation, graduates are well-prepared to take on the challenges of the insurance industry and achieve long-term career success.

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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