Insurance Degree from Howard University Return on Investment

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

F D C B A
Approximate Total Payment $210,007
Approximate Total Interest $59,439
Monthly Payment $1458.39
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 howard university

Insurance sales agents

Projection Rating: C-

Median Annual Wage: $59,080

Percentage of Paycheck to Repay: 29.62%-22.04%

Employment Change: 33.4%

Entry-Level Education: High school diploma or equivalent

Insurance underwriters

Projection Rating: C

Median Annual Wage: $77,860

Percentage of Paycheck to Repay: 22.48%-16.73%

Employment Change: -4.7%

Entry-Level Education: Bachelor's degree

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Investing in your education is one of the most significant decisions you will make, and pursuing an Insurance Degree from Howard University is no exception. This prestigious program not only equips you with essential skills and knowledge in the insurance industry but also promises a substantial return on investment (ROI) for your future career.

Howard University’s Insurance program is designed to provide students with a comprehensive understanding of risk management, underwriting, and policy analysis. Graduates emerge with a well-rounded skill set that is highly sought after by employers in the ever-evolving insurance sector. The curriculum integrates theoretical knowledge with practical applications, ensuring that students are job-ready upon graduation.

One of the primary metrics to consider when evaluating the ROI of an Insurance Degree from Howard University is the potential earning power. Graduates typically command competitive salaries, with many starting their careers in positions that offer lucrative compensation packages. According to industry statistics, professionals in the insurance field can expect salary growth as they gain experience, further enhancing the value of their degree.

Additionally, Howard University's strong alumni network and career services provide students with invaluable networking opportunities and job placement assistance. This support can significantly expedite the job search process, ensuring that graduates secure positions in reputable companies shortly after completing their studies.

The university’s commitment to diversity and inclusion also enriches the student experience, preparing graduates to thrive in a global market. With a degree from Howard, you join a legacy of leaders who have made significant contributions to the insurance industry and beyond.

In summary, the Insurance Degree from Howard University offers substantial returns in terms of career opportunities and earning potential. By choosing this program, you are investing in a future filled with professional growth, financial stability, and the chance to make a meaningful impact in the insurance sector.

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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