Applied Economics Degree from Illinois Institute of Technology Return on Investment
See what the return on investment is for jobs that someone with a Applied Economics degree from Illinois Institute of Technology is likely to work in.
Top job projections for graduates in applied economics from illinois institute of technology
Economists
Projection Rating: C-
Median Annual Wage: $115,730
Percentage of Paycheck to Repay: 28.09%-20.90%
Employment Change: 0.9%
Entry-Level Education: Master's degree
Market research analysts and marketing specialists
Projection Rating: C-
Median Annual Wage: $74,680
Percentage of Paycheck to Repay: 29.02%-21.59%
Employment Change: 74.9%
Entry-Level Education: Bachelor's degree
The Applied Economics Degree from Illinois Institute of Technology offers a robust return on investment (ROI) that stands out in today's competitive job market. With a curriculum designed to equip students with practical skills in economic analysis, data interpretation, and policy evaluation, graduates are well-prepared to meet the demands of various industries.
Investing in an applied economics degree not only enhances your knowledge but also significantly boosts your earning potential. According to recent statistics, graduates from the Illinois Institute of Technology have reported starting salaries that are consistently above the national average for economics-related fields. This degree opens doors to lucrative careers in finance, government, consulting, and research, ensuring that your investment translates into tangible rewards.
Moreover, the Illinois Institute of Technology boasts strong industry connections and a dedicated career services team that actively assists students in securing internships and job placements. This support further amplifies the ROI of your degree, as real-world experience often leads to higher starting salaries and faster career advancement.
Beyond immediate financial returns, an applied economics degree fosters critical thinking and analytical skills that are invaluable in any profession. Employers increasingly seek candidates who can navigate complex economic challenges and make data-driven decisions, making this degree a wise choice for long-term career sustainability.
In summary, the Applied Economics Degree from Illinois Institute of Technology is not just an educational accomplishment; it's a strategic investment in your future. With a solid foundation in economics and practical experience gained during your studies, you will be well-positioned to achieve a favorable return on your educational investment, both financially and professionally.
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.