Legal Assistant, Paralegal Degree from Hampton University Return on Investment

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

F D C B A
Approximate Total Payment $170,445
Approximate Total Interest $48,242
Monthly Payment $1183.64
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 hampton university

Paralegals and legal assistants

Projection Rating: C

Median Annual Wage: $60,970

Percentage of Paycheck to Repay: 23.30%-17.33%

Employment Change: 4.3%

Entry-Level Education: Associate's degree

Legal secretaries and administrative assistants

Projection Rating: C-

Median Annual Wage: $50,680

Percentage of Paycheck to Repay: 28.03%-20.85%

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 Hampton University is a strategic decision that can yield significant returns. In today’s competitive legal landscape, paralegals play a crucial role in supporting attorneys and enhancing the efficiency of legal practices. With a degree from a reputable institution like Hampton University, graduates are equipped with the skills and knowledge necessary to excel in this dynamic field.

The return on investment (ROI) for a paralegal degree encompasses various factors, including job placement rates, starting salaries, and career advancement opportunities. Hampton University boasts strong connections with local law firms and legal organizations, providing students with invaluable networking opportunities and internships that often lead to job offers upon graduation.

According to recent statistics, paralegals with a degree from Hampton can expect starting salaries that are competitive within the industry. Graduates frequently report salaries that are above the national average for paralegals, making the educational investment worthwhile. Additionally, many paralegals transition into higher roles within legal firms, such as legal assistants or office managers, which further increases their earning potential.

Moreover, the legal field is continually evolving, and with the growing demand for legal services, the need for skilled paralegals is expected to rise. Graduates from Hampton University are well-prepared to meet this demand, making them attractive candidates for employers. The comprehensive curriculum, combined with hands-on experience, ensures that students are job-ready upon graduation.

In conclusion, pursuing a legal assistant or paralegal degree from Hampton University is not just an educational endeavor; it’s an investment in a promising career. With a strong ROI, excellent job prospects, and the potential for career advancement, students can feel confident that their degree will open doors to a successful future in the legal profession.

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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