Economics Degree from Skidmore College Return on Investment

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

F D C B A
Approximate Total Payment $307,121
Approximate Total Interest $86,926
Monthly Payment $2132.79
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 skidmore college

Economists

Projection Rating: D

Median Annual Wage: $115,730

Percentage of Paycheck to Repay: 33.17%-24.68%

Employment Change: 0.9%

Entry-Level Education: Master's degree

Market research analysts and marketing specialists

Projection Rating: D

Median Annual Wage: $74,680

Percentage of Paycheck to Repay: 34.27%-25.50%

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. When considering an Economics Degree from Skidmore College, it's essential to evaluate the return on investment (ROI) it offers. Skidmore College, renowned for its rigorous academic programs and vibrant campus life, provides students with a solid foundation in economic theory, quantitative skills, and real-world applications.

The ROI of an Economics Degree from Skidmore extends beyond mere financial gains. Graduates enter the workforce equipped with critical thinking and analytical skills that are highly sought after in today’s job market. According to recent data, alumni from Skidmore College experience a higher-than-average starting salary compared to peers from other institutions, reflecting the college's commitment to academic excellence and career readiness.

Additionally, Skidmore’s strong network of alumni provides valuable connections and opportunities in various industries, including finance, consulting, government, and non-profit sectors. This network not only enhances job placement rates but also supports ongoing career development, which can significantly amplify the long-term ROI of your degree.

Moreover, Skidmore College emphasizes experiential learning through internships and research projects, allowing students to apply their classroom knowledge in real-world settings. This hands-on experience not only enriches the educational journey but also makes graduates more competitive in the job market.

In summary, an Economics Degree from Skidmore College offers an impressive return on investment, combining strong earning potential, a robust alumni network, and valuable experiential learning opportunities. By choosing Skidmore, you are not just earning a degree; you are investing in a future filled with possibilities.

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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