Economics Degree from Ball State University Return on Investment

See what the return on investment is for jobs that someone with a Economics degree from Ball State University is likely to work in.

F D C B A
Approximate Total Payment $109,974
Approximate Total Interest $31,126
Monthly Payment $763.71
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 economics from ball state university

Economists

Projection Rating: B+

Median Annual Wage: $115,730

Percentage of Paycheck to Repay: 11.88%-8.84%

Employment Change: 0.9%

Entry-Level Education: Master's degree

Market research analysts and marketing specialists

Projection Rating: B

Median Annual Wage: $74,680

Percentage of Paycheck to Repay: 12.27%-9.13%

Employment Change: 74.9%

Entry-Level Education: Bachelor's degree

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Investing in your future with an Economics degree from Ball State University can yield significant returns. As the job market continues to evolve, a degree in Economics equips you with essential skills in analytical thinking, problem-solving, and quantitative analysis, making you a highly sought-after candidate in various industries.

One of the standout features of the Economics program at Ball State is its emphasis on real-world applications. Students engage in hands-on learning through internships, research opportunities, and collaborations with local businesses, providing invaluable experience that enhances their employability upon graduation.

The return on investment (ROI) from an Economics degree is compelling. Graduates often find positions in fields such as finance, government, consulting, and education, where they can command competitive salaries. According to recent statistics, the average starting salary for Economics graduates from Ball State is significantly higher than the national average for all bachelor's degree holders.

Moreover, the skills gained through the Economics program not only prepare students for immediate employment but also lay the groundwork for advanced studies. Many graduates choose to pursue master's or doctoral degrees, further increasing their earning potential and career advancement opportunities.

Ball State University also offers a robust alumni network that provides ongoing support and connections in the professional world. This network can be an essential resource for job placement, mentorship, and career development, enhancing the overall value of your degree.

In summary, pursuing an Economics degree from Ball State University is a smart investment in your future. With strong career prospects, competitive salaries, and a wealth of resources at your disposal, graduates can expect a substantial return on their educational investment, setting themselves up for long-term success in their chosen careers.

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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