Economics Degree from Northern Illinois University Return on Investment

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

F D C B A
Approximate Total Payment $140,998
Approximate Total Interest $39,907
Monthly Payment $979.16
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 northern illinois university

Economists

Projection Rating: B-

Median Annual Wage: $115,730

Percentage of Paycheck to Repay: 15.23%-11.33%

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: 15.73%-11.71%

Employment Change: 74.9%

Entry-Level Education: Bachelor's degree

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Investing in your education is a significant decision, and choosing to pursue an Economics degree from Northern Illinois University (NIU) can yield substantial returns. With a curriculum designed to equip students with essential analytical skills, economic theory understanding, and practical applications, graduates are well-prepared for diverse career paths in business, government, and academia.

One of the most compelling aspects of earning an Economics degree from NIU is the impressive return on investment (ROI). Graduates often find themselves in high-demand roles, such as economists, financial analysts, market researchers, and policy advisors. According to recent data, alumni of NIU’s Economics program report a competitive starting salary, which significantly increases with experience.

NIU’s robust network of alumni and industry connections also plays a crucial role in enhancing job placement opportunities. The university offers various career services, including internships, job fairs, and mentorship programs, ensuring that students gain valuable real-world experience before graduation.

Furthermore, the cost of tuition at NIU is relatively affordable compared to many other institutions offering similar programs. This affordability, combined with the potential for high earning power, makes an Economics degree from NIU a smart financial decision for many students.

In addition to financial benefits, an Economics degree provides students with critical thinking and problem-solving skills that are highly sought after in today’s job market. Graduates emerge as versatile professionals capable of analyzing data, understanding market trends, and making informed decisions that can drive organizational success.

In conclusion, the Economics degree from Northern Illinois University not only equips students with a comprehensive understanding of economic principles but also offers a strong return on investment. With competitive salaries, valuable industry connections, and a skill set that is in high demand, pursuing this degree is a strategic move for aspiring professionals looking to make their mark in the economy.

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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