Computer Science Degree from Illinois Institute of Technology Return on Investment

See what the return on investment is for jobs that someone with a Computer Science 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 computer science from illinois institute of technology

Software developers

Projection Rating: B-

Median Annual Wage: $132,270

Percentage of Paycheck to Repay: 16.39%-12.19%

Employment Change: 303.7%

Entry-Level Education: Bachelor's degree

Computer programmers

Projection Rating: C+

Median Annual Wage: $99,700

Percentage of Paycheck to Repay: 21.74%-16.18%

Employment Change: -13.4%

Entry-Level Education: Bachelor's degree

Data scientists

Projection Rating: C+

Median Annual Wage: $108,020

Percentage of Paycheck to Repay: 20.06%-14.93%

Employment Change: 73.1%

Entry-Level Education: Bachelor's degree

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Investing in a Computer Science degree from the Illinois Institute of Technology (IIT) can yield significant returns, both financially and professionally. As one of the leading institutions in the heart of Chicago, IIT offers a cutting-edge curriculum that aligns with the rapidly evolving tech industry. Graduates are equipped with essential skills in programming, data analysis, artificial intelligence, and cybersecurity, making them highly sought after by employers.

The return on investment (ROI) for an IIT Computer Science degree is compelling. Graduates enjoy competitive starting salaries that often exceed the national average for entry-level positions in technology. According to recent statistics, the average starting salary for IIT Computer Science graduates is significantly higher than that of their peers from other institutions, reflecting the university's strong reputation and industry ties.

Moreover, the strong alumni network and career services at IIT provide students with invaluable connections and job placement opportunities. Many graduates find employment with top tech companies, startups, and innovative organizations, further enhancing their earning potential over time. The skills gained during the program not only lead to immediate job opportunities but also pave the way for career advancement and leadership roles in the tech sector.

Additionally, IIT’s emphasis on practical experience through internships and collaborative projects allows students to build a robust portfolio, making them more attractive to employers. This hands-on approach ensures that graduates are not only theoretically knowledgeable but also adept at applying their skills in real-world scenarios.

In conclusion, a Computer Science degree from the Illinois Institute of Technology represents a sound investment in your future. With high starting salaries, strong career support, and a curriculum designed to meet industry demands, graduates can expect a substantial return on their educational investment, both in financial terms and in career satisfaction. Choose IIT for your Computer Science education and unlock a world of opportunities!

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.

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