Actuarial Science Degree from Assumption College Return on Investment

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

F D C B A
Approximate Total Payment $239,181
Approximate Total Interest $67,696
Monthly Payment $1660.98
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 actuarial science from assumption college

Actuaries

Projection Rating: B-

Median Annual Wage: $120,000

Percentage of Paycheck to Repay: 16.61%-12.36%

Employment Change: 6.6%

Entry-Level Education: Bachelor's degree

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Investing in your education is one of the most significant decisions you can make for your future career. An Actuarial Science Degree from Assumption College offers a remarkable return on investment (ROI) that extends beyond just financial gains. With a robust curriculum that combines mathematics, statistics, and financial theory, this degree equips students with the necessary skills to excel in a high-demand field.

Actuaries are essential professionals who analyze risk and uncertainty, playing a critical role in industries such as insurance, finance, and healthcare. The demand for skilled actuaries continues to rise, with a projected job growth rate significantly higher than the average for all occupations. By obtaining your Actuarial Science Degree from Assumption College, you position yourself for a stable and lucrative career.

Graduates from Assumption College are well-prepared to pass the necessary actuarial exams, which can further enhance their earning potential. According to industry reports, actuaries with a bachelor’s degree can expect starting salaries well above the national average, with experienced professionals earning six-figure salaries. The comprehensive education you receive at Assumption College, paired with the college's strong alumni network, can facilitate job placements and internships that create pathways to success.

Furthermore, the small class sizes and personalized attention from faculty at Assumption College ensure that you receive a quality education tailored to your career aspirations. The college’s commitment to student success is reflected in its career services, which provide resources and guidance to help you navigate the job market effectively.

In conclusion, pursuing an Actuarial Science Degree from Assumption College not only offers a strong educational foundation but also a significant return on investment. With high earning potential, a growing job market, and the support of a dedicated faculty and alumni network, your decision to study actuarial science could lead to a fulfilling and financially rewarding career.

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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