Accounting Degree from Augustana University Return on Investment

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

F D C B A
Approximate Total Payment $191,474
Approximate Total Interest $54,194
Monthly Payment $1329.68
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 accounting from augustana university

Accountants and auditors

Projection Rating: B-

Median Annual Wage: $79,880

Percentage of Paycheck to Repay: 19.98%-14.86%

Employment Change: 91.4%

Entry-Level Education: Bachelor's degree

Budget analysts

Projection Rating: B-

Median Annual Wage: $84,940

Percentage of Paycheck to Repay: 18.79%-13.98%

Employment Change: 2%

Entry-Level Education: Bachelor's degree

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The decision to pursue an Accounting Degree from Augustana University is a significant investment in your future. Understanding the return on investment (ROI) associated with this degree can help prospective students make informed decisions about their educational paths and career trajectories.

Augustana University's accounting program is designed to equip students with the essential skills and knowledge necessary for a successful career in accounting and finance. Graduates of this program not only gain a strong foundation in accounting principles but also develop critical thinking, analytical, and problem-solving skills that are highly valued in today’s job market.

One of the key components of calculating ROI for an accounting degree is the potential salary increase. According to industry standards, individuals with a bachelor’s degree in accounting often earn significantly higher starting salaries compared to those without a degree. In fact, graduates from Augustana University have reported average starting salaries that exceed the national average for entry-level accounting positions.

Moreover, the demand for skilled accountants continues to grow, driven by the need for businesses to maintain compliance, manage financial risks, and make strategic financial decisions. This demand translates into a robust job market for accounting graduates, with many securing positions in reputable firms shortly after graduation.

In addition to high earning potential, an accounting degree from Augustana University provides a pathway to various career advancement opportunities. Many graduates go on to obtain certifications such as Certified Public Accountant (CPA) or Certified Management Accountant (CMA), which further enhance their qualifications and increase their earning potential.

Another aspect to consider is the network and resources available through Augustana University. Students benefit from connections with industry professionals, internship opportunities, and career services that facilitate job placements. These resources contribute to a positive ROI by helping students transition smoothly into the workforce.

In summary, obtaining an Accounting Degree from Augustana University offers a strong return on investment through competitive salaries, job security, career advancement opportunities, and valuable networking resources. Prospective students can feel confident that their investment in education will yield significant rewards, both financially and professionally.

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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