Accounting Degree from University of Alaska Anchorage Return on Investment

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

F D C B A
Approximate Total Payment $68,636
Approximate Total Interest $19,426
Monthly Payment $476.64
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 university of alaska anchorage

Accountants and auditors

Projection Rating: A-

Median Annual Wage: $79,880

Percentage of Paycheck to Repay: 7.16%-5.33%

Employment Change: 91.4%

Entry-Level Education: Bachelor's degree

Budget analysts

Projection Rating: A-

Median Annual Wage: $84,940

Percentage of Paycheck to Repay: 6.73%-5.01%

Employment Change: 2%

Entry-Level Education: Bachelor's degree

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If you're considering pursuing an Accounting Degree from the University of Alaska Anchorage, understanding the return on investment (ROI) is crucial for making an informed decision about your education and career path. This degree not only equips you with essential skills in financial management, auditing, and taxation but also opens doors to a variety of lucrative job opportunities in the accounting field.

One of the primary factors contributing to the strong ROI of an accounting degree from UAA is the high demand for accounting professionals. According to the U.S. Bureau of Labor Statistics, the employment of accountants and auditors is projected to grow by 4% from 2019 to 2029, which is about as fast as the average for all occupations. This growth translates into a steady influx of job openings, ensuring that graduates have numerous career options upon completion of their degree.

In addition to job security, graduates with an accounting degree from the University of Alaska Anchorage can expect competitive salaries. The average annual salary for accountants in Alaska is significantly higher than the national average, which means your investment in education can pay off quickly. Moreover, accounting roles often come with opportunities for advancement, further increasing earning potential over time.

Another factor to consider is the affordability of the program at UAA. The University of Alaska Anchorage offers competitive tuition rates, financial aid options, and scholarships to help students minimize their educational expenses. By choosing UAA for your accounting degree, you can reduce your overall debt burden and improve your ROI.

Additionally, the University of Alaska Anchorage has strong connections with local businesses and organizations, providing students with valuable internship opportunities that can enhance their resume and increase employability after graduation. Networking with professionals in the field can also lead to job placements and mentorship opportunities, further boosting your return on investment.

In conclusion, an Accounting Degree from the University of Alaska Anchorage offers a promising return on investment through high demand for graduates, competitive salaries, affordability, and excellent networking opportunities. By choosing this path, you are setting yourself up for a rewarding career in the accounting profession.

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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