Accounting Degree from Illinois State University Return on Investment
See what the return on investment is for jobs that someone with a Accounting degree from Illinois State University is likely to work in.
Top job projections for graduates in accounting from illinois state university
Accountants and auditors
Projection Rating: B
Median Annual Wage: $79,880
Percentage of Paycheck to Repay: 13.82%-10.28%
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: 12.99%-9.67%
Employment Change: 2%
Entry-Level Education: Bachelor's degree
Considering an Accounting Degree from Illinois State University? Understanding the return on investment (ROI) is crucial for making an informed decision about your education. With a solid reputation and a comprehensive curriculum, Illinois State University equips students with the skills and knowledge necessary to excel in the accounting profession.
One of the primary benefits of pursuing an accounting degree at Illinois State is the potential for a high ROI. Graduates are well-prepared for various roles in the accounting field, including public accounting, corporate finance, and governmental accounting. The university's strong connections with local businesses and organizations provide students with valuable internship opportunities, enhancing their employability upon graduation.
The financial investment in your education can yield significant returns. According to the Bureau of Labor Statistics, the median annual wage for accountants and auditors was over $73,000 as of May 2020, and this figure is expected to grow as demand for skilled professionals increases. Graduates from Illinois State often find themselves in high-paying positions, making the initial investment in their degree worthwhile.
In addition to immediate financial benefits, an accounting degree also opens doors to long-term career advancement. Many graduates go on to achieve certifications such as CPA (Certified Public Accountant), which can further increase earning potential and job stability. With a degree from Illinois State, you’ll be well-positioned to take advantage of these opportunities.
Furthermore, the supportive alumni network and career services at Illinois State University help graduates navigate the job market effectively. From resume workshops to networking events, students have access to resources that can significantly enhance their career prospects. This support system contributes to a strong ROI by ensuring graduates are equipped to enter the workforce confidently.
In summary, an accounting degree from Illinois State University not only provides a solid educational foundation but also delivers a promising return on investment. With a combination of strong earning potential, career growth opportunities, and a supportive network, graduating from this esteemed institution can lead to a successful and financially rewarding career in accounting.
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.