Actuarial Science Degree from University of Delaware Return on Investment
See what the return on investment is for jobs that someone with a Actuarial Science degree from University of Delaware is likely to work in.
Top job projections for graduates in actuarial science from university of delaware
Actuaries
Projection Rating: A-
Median Annual Wage: $120,000
Percentage of Paycheck to Repay: 8.18%-6.09%
Employment Change: 6.6%
Entry-Level Education: Bachelor's degree
Investing in an Actuarial Science Degree from the University of Delaware is a smart choice for students aiming to secure a lucrative and stable career in the financial and insurance sectors. The program equips students with the necessary skills to analyze risk and uncertainty, making them valuable assets in a variety of industries.
One of the key factors to consider when pursuing higher education is the return on investment (ROI). The University of Delaware offers a comprehensive curriculum that not only prepares students for actuarial exams but also enhances their analytical, statistical, and problem-solving abilities. Graduates of this program often see significant salary potential, as the demand for qualified actuaries continues to rise.
According to industry reports, actuaries enjoy some of the highest starting salaries in the job market. With a degree from the University of Delaware, students can expect to enter the workforce with a competitive edge, thanks to the university’s strong reputation and network of alumni in the field. Furthermore, the university provides access to internships and co-op programs, enabling students to gain practical experience and further enhance their employability.
When calculating the ROI of an Actuarial Science Degree, it’s essential to factor in not just the initial salary, but also the long-term career growth and advancement opportunities. Actuaries typically experience steady income growth over their careers, with many reaching six-figure salaries within a few years of gaining professional experience. The combination of high earning potential and job stability makes this degree a wise investment for those committed to the profession.
In conclusion, the Actuarial Science Degree from the University of Delaware provides students with an excellent return on investment. With rigorous academic training, real-world experience, and a strong network, graduates are well-prepared to embark on successful careers in actuarial science. Investing in this degree not only promises a fulfilling career but also financial security in a rapidly evolving job market.
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.