Economics Degree from Rochester Institute of Technology Return on Investment

See what the return on investment is for jobs that someone with a Economics degree from Rochester Institute of Technology is likely to work in.

F D C B A
Approximate Total Payment $238,491
Approximate Total Interest $67,501
Monthly Payment $1656.18
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 rochester institute of technology

Economists

Projection Rating: C-

Median Annual Wage: $115,730

Percentage of Paycheck to Repay: 25.76%-19.17%

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: 26.61%-19.80%

Employment Change: 74.9%

Entry-Level Education: Bachelor's degree

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When considering an Economics degree from the Rochester Institute of Technology (RIT), prospective students often weigh the return on investment (ROI) that this education can provide. With its unique blend of rigorous academics and practical experience, RIT's Economics program is designed to equip graduates with the skills and knowledge necessary to excel in a competitive job market.

RIT's Economics degree offers a comprehensive curriculum that covers key areas such as microeconomics, macroeconomics, economic theory, and quantitative analysis. This well-rounded education not only prepares students for various roles in finance, government, and business but also enables them to adapt to changing economic landscapes.

One of the standout features of RIT’s program is its emphasis on experiential learning. Through co-op opportunities and internships, students gain real-world experience that enhances their resumes and provides valuable networking connections. This hands-on approach significantly boosts employability, which is a crucial factor in calculating ROI.

Graduates with an Economics degree from RIT often report competitive starting salaries, which can significantly offset tuition costs. According to recent data, RIT graduates enjoy a high employment rate, with many finding positions in well-established organizations shortly after graduation. This strong job placement record contributes to a favorable ROI, making RIT's Economics degree a smart investment for future success.

In addition to robust job prospects, RIT's Economics alumni have access to a powerful network of professionals. This network can provide mentorship, job leads, and insights into industry trends, further enhancing the potential return on investment for graduates.

Ultimately, choosing to pursue an Economics degree from the Rochester Institute of Technology is not just about acquiring knowledge; it’s about building a foundation for a successful career. With its strong focus on practical experience and high employment outcomes, RIT offers a compelling ROI for students ready to embark on their professional journeys.

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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