Economics Degree from Drake University Return on Investment

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

F D C B A
Approximate Total Payment $223,210
Approximate Total Interest $63,176
Monthly Payment $1550.07
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 drake university

Economists

Projection Rating: C

Median Annual Wage: $115,730

Percentage of Paycheck to Repay: 24.11%-17.94%

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: 24.91%-18.53%

Employment Change: 74.9%

Entry-Level Education: Bachelor's degree

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Investing in your education is one of the most significant decisions you can make for your future. A degree in Economics from Drake University offers not only a comprehensive understanding of economic principles but also a substantial return on investment (ROI) that can impact your career trajectory and earning potential.

Drake University is renowned for its rigorous academic programs, experienced faculty, and strong network of alumni. Graduates with an Economics degree from Drake often find themselves well-prepared for various high-demand careers in finance, government, consulting, and non-profit sectors. According to recent surveys, alumni report a high level of satisfaction with their education and the career opportunities it has afforded them.

When considering the ROI of your Economics degree, factors such as average starting salaries, job placement rates, and long-term career growth should be taken into account. Graduates of Drake University typically enjoy competitive starting salaries that significantly outweigh the costs of their education. Furthermore, the university's strong connections with industry leaders and internship opportunities provide students with valuable real-world experience that enhances their employability.

Additionally, the skills gained through an Economics program—critical thinking, analytical reasoning, and quantitative analysis—are highly sought after in today’s job market. Employers across various fields recognize the value of a well-rounded education in economics, making Drake graduates appealing candidates for numerous positions.

In terms of long-term financial benefits, studies have shown that individuals with a bachelor’s degree in Economics often experience higher earning potential over their lifetime compared to those with only a high school diploma. The investment in a Drake University education not only opens doors to immediate job opportunities but also paves the way for career advancement and increased earnings over time.

In conclusion, pursuing an Economics degree from Drake University is not just an academic endeavor; it’s a strategic investment in your future. With a strong ROI, personalized education, and a robust support system, Drake equips its graduates with the tools necessary to thrive in a competitive economic landscape. Explore the possibilities that await you with an Economics degree from Drake University and take the first step towards a prosperous career.

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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