Actuarial Science Degree from University of Iowa Return on Investment
See what the return on investment is for jobs that someone with a Actuarial Science degree from University of Iowa is likely to work in.
Top job projections for graduates in actuarial science from university of iowa
Actuaries
Projection Rating: A-
Median Annual Wage: $120,000
Percentage of Paycheck to Repay: 7.25%-5.39%
Employment Change: 6.6%
Entry-Level Education: Bachelor's degree
Investing in an Actuarial Science Degree from the University of Iowa is a decision that can yield substantial returns over time. As the demand for skilled actuaries continues to rise, graduates from this prestigious program are well-positioned for lucrative careers in finance, insurance, and risk management.
One of the key factors contributing to the high return on investment (ROI) of an actuarial science degree is the competitive salary potential. According to industry reports, actuaries can earn a starting salary that often exceeds $60,000, with seasoned professionals reaching six figures within just a few years. The University of Iowa’s strong alumni network and robust career services ensure graduates have access to top-tier job opportunities, further enhancing their earning potential.
In addition to financial benefits, a degree in actuarial science from the University of Iowa equips students with critical analytical skills, problem-solving abilities, and a deep understanding of statistical methods. These competencies are not only essential for passing actuarial exams but also highly valued across various industries, making graduates versatile professionals.
Moreover, the University of Iowa's commitment to experiential learning through internships and projects allows students to gain practical experience and build a professional portfolio. This hands-on approach not only bolsters a graduate's resume but also provides invaluable insights into the actuarial field, ensuring they are job-ready upon graduation.
Ultimately, the return on investment of an actuarial science degree from the University of Iowa extends beyond just financial gains. It encompasses personal growth, career advancement, and the opportunity to make a meaningful impact in the world of finance and risk assessment. By choosing this degree, you are setting the stage for a rewarding and prosperous 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.