Accounting Degree from Berea College Return on Investment

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

F D C B A
Approximate Total Payment $160,722
Approximate Total Interest $45,490
Monthly Payment $1116.12
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 berea college

Accountants and auditors

Projection Rating: B-

Median Annual Wage: $79,880

Percentage of Paycheck to Repay: 16.77%-12.48%

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: 15.77%-11.73%

Employment Change: 2%

Entry-Level Education: Bachelor's degree

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When considering an accounting degree, the return on investment (ROI) is a critical factor for prospective students. Berea College offers a unique opportunity to earn a quality accounting degree while also minimizing debt. With consistently low tuition rates and a strong emphasis on work-study programs, students can graduate with less financial burden.

The accounting program at Berea College is designed to equip students with essential skills and knowledge, preparing them for successful careers in various sectors. Graduates are well-prepared to enter the job market, benefiting from the college’s strong network of alumni and partnerships within the industry.

According to recent data, graduates with an accounting degree from Berea College experience competitive starting salaries that significantly enhance their ROI. Many graduates find employment in accounting firms, corporate finance departments, and governmental agencies, often advancing quickly in their careers due to their solid educational foundation.

In addition to immediate financial benefits, an accounting degree from Berea College also opens doors to long-term career growth. The demand for skilled accountants continues to rise, making this degree a wise investment for future financial stability. With the combination of affordable education, practical experience, and a dedicated support system, students at Berea College can look forward to a promising financial future.

In summary, choosing to pursue an accounting degree from Berea College not only provides high-quality education but also offers a remarkable return on investment that can lead to fulfilling careers and financial success.

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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