Actuarial Science Degree from Butler University Return on Investment

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

F D C B A
Approximate Total Payment $246,020
Approximate Total Interest $69,632
Monthly Payment $1708.47
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 butler university

Actuaries

Projection Rating: B-

Median Annual Wage: $120,000

Percentage of Paycheck to Repay: 17.08%-12.71%

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. A degree in Actuarial Science from Butler University not only equips you with the necessary skills to succeed in a dynamic field but also offers an impressive return on investment (ROI). Here’s why pursuing this degree is a smart financial choice.

Butler University’s Actuarial Science program is designed to prepare students for a career in risk assessment and management. With a curriculum that combines advanced mathematics, statistics, and financial theory, graduates are well-prepared to tackle complex problems in industries such as insurance, finance, and consulting. The university’s strong emphasis on experiential learning further enhances this educational experience, allowing students to gain practical skills that are highly sought after by employers.

When considering the ROI of an Actuarial Science degree from Butler University, it’s essential to look at both the cost of education and the potential earnings after graduation. According to data from the Bureau of Labor Statistics, actuaries earn a median annual salary significantly higher than the national average for all occupations. Moreover, the demand for actuaries is projected to grow, ensuring job stability and opportunities for advancement.

Butler University’s strong network of alumni and industry connections also plays a crucial role in enhancing job prospects for graduates. Many students secure internships and job placements through these networks, further increasing their earning potential right out of college. Additionally, the university’s commitment to student success means you’ll receive personalized support and guidance throughout your academic journey, setting you up for future financial success.

In conclusion, an Actuarial Science degree from Butler University offers a compelling return on investment. The combination of a robust educational foundation, strong job placement rates, and high earning potential makes this program a wise choice for those looking to enter the actuarial profession. By choosing Butler, you’re not just investing in your education; you’re investing in your future.

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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