Accounting Degree from Texas Tech University Return on Investment

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

F D C B A
Approximate Total Payment $107,109
Approximate Total Interest $30,316
Monthly Payment $743.81
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 texas tech university

Accountants and auditors

Projection Rating: B+

Median Annual Wage: $79,880

Percentage of Paycheck to Repay: 11.17%-8.31%

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: 10.51%-7.82%

Employment Change: 2%

Entry-Level Education: Bachelor's degree

Don't see the job you're looking for? Click here.

When considering an accounting degree from Texas Tech University, it's essential to evaluate the return on investment (ROI) it offers. Texas Tech's accounting program is not only accredited but also highly regarded, providing students with a solid foundation in accounting principles and practices. Graduates from this program often experience a significant increase in earning potential compared to those without a degree.

According to recent data, accounting graduates from Texas Tech report starting salaries that are competitive within the industry. The comprehensive curriculum, combined with hands-on learning opportunities and internships, equips students with the skills necessary to excel in various accounting roles, from public accounting to corporate finance.

Moreover, Texas Tech University has strong ties with local businesses and accounting firms, enhancing job placement rates for graduates. This network can lead to valuable internships and employment opportunities, further increasing the overall ROI of obtaining an accounting degree.

Additionally, the field of accounting is projected to grow, with demand for skilled professionals on the rise. This upward trend suggests that the investment in an accounting degree from Texas Tech will yield substantial long-term benefits, making it a smart choice for aspiring accountants.

In summary, the accounting degree from Texas Tech University not only prepares students for a successful career but also offers a favorable return on investment, making it a wise financial decision for those entering the workforce.

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.

Get your personalized projection here!