Accounting Technology, Technician, and Bookkeeping Degree from Rochester Institute of Technology Return on Investment

See what the return on investment is for jobs that someone with a Accounting Technology, Technician, and Bookkeeping degree from Rochester Institute of Technology is likely to work in.

F D C B A
Approximate Total Payment $238,491
Approximate Total Interest $67,501
Monthly Payment $1656.18
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 technology, technician, and bookkeeping from rochester institute of technology

Bookkeeping, accounting, and auditing clerks

Projection Rating: F+

Median Annual Wage: $47,440

Percentage of Paycheck to Repay: 41.89%-31.17%

Employment Change: -83.9%

Entry-Level Education: Some college, no degree

Accountants and auditors

Projection Rating: C

Median Annual Wage: $79,880

Percentage of Paycheck to Repay: 24.88%-18.51%

Employment Change: 91.4%

Entry-Level Education: Bachelor's degree

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When considering a degree in Accounting Technology, Technician, and Bookkeeping from the Rochester Institute of Technology (RIT), understanding the return on investment (ROI) is crucial for prospective students. RIT’s program provides a comprehensive curriculum designed to equip students with the essential skills needed in today’s fast-paced financial environment.

The ROI of an RIT degree extends beyond just the financial aspects. Graduates from this program are highly sought after by employers, thanks to RIT’s strong emphasis on practical experience and industry partnerships. The hands-on learning opportunities allow students to apply theoretical knowledge in real-world settings, enhancing their employability.

Financially, RIT graduates in accounting technology and bookkeeping often see a significant increase in their earning potential compared to those without a degree. The Bureau of Labor Statistics notes that jobs in accounting and bookkeeping are expected to grow, indicating a strong job market for graduates. Moreover, RIT’s robust career services and alumni network provide valuable resources for job placement and career advancement, further enhancing the ROI.

Investing in an Accounting Technology, Technician, and Bookkeeping degree from RIT is not just about the immediate financial return; it’s also about long-term career growth and stability. By choosing RIT, students are positioning themselves for success in a dynamic field that continues to evolve with advancements in technology and regulatory changes.

In summary, the return on investment for an Accounting Technology degree from the Rochester Institute of Technology is compelling. With a blend of practical skills, high employability rates, and strong earning potential, RIT graduates are well-equipped to thrive in the financial sector. Make an informed decision about your future and explore how an RIT degree can lead to a 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.

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