Chemistry Degree from Illinois Institute of Technology Return on Investment

See what the return on investment is for jobs that someone with a Chemistry degree from Illinois Institute of Technology is likely to work in.

F D C B A
Approximate Total Payment $260,080
Approximate Total Interest $73,611
Monthly Payment $1806.11
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 chemistry from illinois institute of technology

Chemists

Projection Rating: C-

Median Annual Wage: $84,680

Percentage of Paycheck to Repay: 25.59%-19.04%

Employment Change: 6.6%

Entry-Level Education: Bachelor's degree

Materials scientists

Projection Rating: C+

Median Annual Wage: $106,160

Percentage of Paycheck to Repay: 20.42%-15.19%

Employment Change: 0.8%

Entry-Level Education: Bachelor's degree

Chemical technicians

Projection Rating: D-

Median Annual Wage: $56,750

Percentage of Paycheck to Repay: 38.19%-28.42%

Employment Change: 3.2%

Entry-Level Education: Associate's degree

Don't see the job you're looking for? Click here.

When considering a Chemistry Degree from the Illinois Institute of Technology, one of the most important factors to evaluate is the return on investment (ROI). This degree not only equips students with a robust understanding of chemical principles but also prepares them for a variety of lucrative career paths in fields such as pharmaceuticals, environmental science, and materials engineering.

The Illinois Institute of Technology (IIT) is renowned for its rigorous academic programs and strong emphasis on research. Graduates of the Chemistry program often find themselves well-prepared for advanced studies or immediate entry into the workforce. With a degree from IIT, students gain access to a vast network of alumni and industry connections, enhancing their job prospects and earning potential.

According to recent data, chemistry graduates from IIT experience a strong ROI, with many securing jobs in high-demand sectors. The starting salaries for IIT chemistry graduates are competitive, often exceeding the national average for similar roles. Additionally, the skills acquired during the program—such as analytical thinking, problem-solving, and laboratory techniques—are highly valued by employers.

Furthermore, the Illinois Institute of Technology offers various scholarships and financial aid options, making it more accessible for students to invest in their education. By choosing a Chemistry Degree at IIT, students are not just enrolling in a program; they are making a strategic investment in their future.

In summary, the ROI of a Chemistry Degree from the Illinois Institute of Technology is impressive. With its strong academic reputation, excellent job placement rates, and competitive starting salaries, graduates can confidently anticipate a rewarding career that justifies their educational investment. If you're considering a path in chemistry, IIT offers the tools you need to succeed.

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.

Get your personalized projection here!