Economics Degree from Northeastern Illinois University Return on Investment
See what the return on investment is for jobs that someone with a Economics degree from Northeastern Illinois University is likely to work in.
Top job projections for graduates in economics from northeastern illinois university
Economists
Projection Rating: B
Median Annual Wage: $115,730
Percentage of Paycheck to Repay: 12.58%-9.36%
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: 13.00%-9.67%
Employment Change: 74.9%
Entry-Level Education: Bachelor's degree
Investing in your education is a crucial decision, and when it comes to pursuing an Economics Degree from Northeastern Illinois University, the return on investment (ROI) is a significant factor to consider. This degree not only equips you with essential analytical and critical thinking skills but also opens the door to a wide array of career opportunities in various sectors.
The ROI of an economics degree is reflected in the potential salary increase and job prospects that graduates experience. According to recent statistics, individuals with a Bachelor's degree in Economics can earn upwards of $60,000 annually in entry-level positions, with the potential for much higher salaries as they gain experience and advance in their careers.
Northeastern Illinois University is known for its strong commitment to student success, providing a robust curriculum that combines theoretical knowledge with practical application. Students engage in real-world projects, internships, and networking opportunities that significantly enhance their employability upon graduation.
Furthermore, the university's location in Chicago, a hub for finance, government, and non-profit organizations, provides students with unique access to internships and job placements. This geographical advantage contributes to a higher ROI through enhanced career opportunities and professional growth.
In addition to financial benefits, an economics degree fosters valuable skills such as problem-solving, data analysis, and effective communication. These skills are highly sought after in today’s job market, making graduates more competitive and versatile across numerous industries.
Overall, pursuing an Economics Degree from Northeastern Illinois University is a strategic investment in your future. With a strong ROI characterized by competitive salaries, a wealth of career opportunities, and the development of critical skills, this degree can set you on a path to professional success and financial stability.
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.