Actuarial Science Degree from Bellarmine University Return on Investment

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

F D C B A
Approximate Total Payment $249,671
Approximate Total Interest $70,665
Monthly Payment $1733.83
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 bellarmine university

Actuaries

Projection Rating: B-

Median Annual Wage: $120,000

Percentage of Paycheck to Repay: 17.34%-12.90%

Employment Change: 6.6%

Entry-Level Education: Bachelor's degree

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Investing in your education is a significant decision, and choosing an Actuarial Science degree from Bellarmine University can yield substantial returns. With the growing demand for skilled actuaries in various industries, graduates from Bellarmine are well-positioned to enter the workforce with a competitive edge.

One of the primary factors contributing to the return on investment (ROI) of an actuarial science degree is the program's comprehensive curriculum. Bellarmine University offers a robust curriculum that combines theoretical knowledge with practical applications. Students learn to analyze risk, assess financial implications, and develop strategies to mitigate uncertainty, making them invaluable assets to employers.

Moreover, Bellarmine's strong connections with industry professionals and organizations enhance internship and job placement opportunities for students. This hands-on experience not only enriches their educational journey but also significantly boosts their employability upon graduation. With internships often leading to full-time positions, the early career earnings for Bellarmine graduates can quickly offset their educational expenses.

Additionally, the actuarial field is known for its lucrative salary potential. According to the Bureau of Labor Statistics, the median annual wage for actuaries is considerably higher than the national average for all occupations. This earning potential, combined with the low unemployment rate in the field, makes an actuarial science degree from Bellarmine University a wise financial investment.

In summary, pursuing an Actuarial Science degree from Bellarmine University not only provides a solid educational foundation but also opens doors to a thriving career with excellent financial rewards. With a focus on practical experience and industry connections, students can expect a substantial return on their investment, making it a smart choice for aspiring actuaries.

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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