Child Development Degree from University of Illinois at Chicago Return on Investment

See what the return on investment is for jobs that someone with a Child Development degree from University of Illinois at Chicago is likely to work in.

F D C B A
Approximate Total Payment $126,812
Approximate Total Interest $35,892
Monthly Payment $880.64
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 child development from university of illinois at chicago

Childcare workers

Projection Rating: D

Median Annual Wage: $30,370

Percentage of Paycheck to Repay: 34.80%-25.89%

Employment Change: -13%

Entry-Level Education: High school diploma or equivalent

Preschool teachers, except special education

Projection Rating: C-

Median Annual Wage: $37,130

Percentage of Paycheck to Repay: 28.46%-21.18%

Employment Change: 23.3%

Entry-Level Education: Associate's degree

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

Investing in a Child Development Degree from the University of Illinois at Chicago (UIC) is a decision that can significantly impact your career and financial future. With a comprehensive curriculum that blends theoretical knowledge with practical experience, this degree prepares graduates for various roles in education, social services, and child advocacy.

One of the key factors to consider when evaluating the return on investment (ROI) of this degree is the potential earning power. Graduates from UIC's Child Development program typically enjoy competitive salaries, with many finding employment in well-paying positions within schools, non-profit organizations, and government agencies. According to recent data, alumni report an average salary increase of over 30% within the first few years of employment.

Additionally, the University of Illinois at Chicago is renowned for its extensive network and strong relationships with local organizations and agencies. This gives students access to internships and job placements that can lead to immediate employment after graduation. The hands-on experience gained during the program not only enhances resumes but also builds valuable connections in the field of child development.

Moreover, UIC offers a variety of financial aid options, scholarships, and grants to help reduce the overall cost of education. By minimizing student debt, graduates can achieve a quicker return on their investment, allowing them to focus on their careers rather than financial burdens.

In conclusion, pursuing a Child Development Degree from the University of Illinois at Chicago is not just an educational journey; it’s a strategic investment in your future. With promising job prospects, competitive salaries, and a supportive learning environment, you can expect a strong return on your investment, making this degree a valuable asset in the ever-evolving field of child development.

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!