Public Administration Degree from Drake University Return on Investment

See what the return on investment is for jobs that someone with a Public Administration degree from Drake University is likely to work in.

F D C B A
Approximate Total Payment $334,815
Approximate Total Interest $94,764
Monthly Payment $2325.11
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 public administration from drake university

Administrative services managers

Projection Rating: B-

Median Annual Wage: $106,470

Percentage of Paycheck to Repay: 17.47%-13.00%

Employment Change: 16%

Entry-Level Education: Bachelor's degree

Social and community service managers

Projection Rating: C

Median Annual Wage: $77,030

Percentage of Paycheck to Repay: 24.15%-17.97%

Employment Change: 16.4%

Entry-Level Education: Bachelor's degree

Urban and regional planners

Projection Rating: D

Median Annual Wage: $81,800

Percentage of Paycheck to Repay: 34.11%-25.38%

Employment Change: 2%

Entry-Level Education: Master's degree

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Investing in your education is a crucial decision, especially when considering a Public Administration degree from Drake University. With the rising costs of higher education, understanding the return on investment (ROI) is essential for prospective students. Drake University’s Public Administration program not only equips students with the necessary skills to excel in government and nonprofit sectors but also offers significant financial benefits over time.

One of the key factors contributing to the ROI of a Public Administration degree from Drake University is the program's strong emphasis on practical experience and networking opportunities. Students engage in internships and community projects that not only enhance their learning but also expand their professional connections. These experiences often lead to job placements in reputable organizations, ensuring a smoother transition into the workforce.

Additionally, graduates from Drake University tend to command competitive salaries. According to recent statistics, alumni with a Public Administration degree have reported higher-than-average starting salaries compared to their peers from other institutions. The skills gained through the program, such as leadership, policy analysis, and strategic planning, are highly sought after in today’s job market, further enhancing earning potential.

Moreover, Drake University is known for its strong alumni network and career services that provide ongoing support even after graduation. This network can lead to mentorship opportunities, job referrals, and career advancement, all contributing to a higher ROI for graduates.

Financial aid options, scholarships, and flexible learning formats also make a Public Administration degree from Drake University more accessible and attractive. Students can manage their educational expenses while pursuing a degree that promises long-term career benefits.

In conclusion, a Public Administration degree from Drake University offers a compelling return on investment. With a combination of practical experience, competitive starting salaries, and robust support systems, graduates are well-prepared to embark on successful careers that make a meaningful impact on society. Choosing Drake University means investing in a future that not only enhances your professional prospects but also contributes positively to your community.

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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