Economics Degree from University of South Dakota Return on Investment

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

F D C B A
Approximate Total Payment $99,323
Approximate Total Interest $28,112
Monthly Payment $689.74
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 university of south dakota

Economists

Projection Rating: B+

Median Annual Wage: $115,730

Percentage of Paycheck to Repay: 10.73%-7.98%

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: 11.08%-8.25%

Employment Change: 74.9%

Entry-Level Education: Bachelor's degree

Don't see the job you're looking for? Click here.

When considering the pursuit of an Economics degree from the University of South Dakota, understanding the return on investment (ROI) is crucial for prospective students. The University of South Dakota (USD) offers a comprehensive curriculum that not only provides foundational knowledge in economic theory but also equips students with practical skills that are highly valued in today’s job market.

The ROI of an Economics degree is influenced by various factors, including tuition costs, potential salary after graduation, and job placement rates. At USD, students benefit from competitive tuition rates, which are often lower than many out-of-state institutions. This affordability allows graduates to minimize student debt, thereby enhancing their financial returns in the long run.

Graduates of the Economics program at USD typically enter lucrative career paths in finance, government, consulting, and academia. According to recent data, the average starting salary for economics majors from USD is significantly above the national average, showcasing the effectiveness of the program in preparing students for high-paying roles.

Moreover, the strong network of alumni and partnerships with local businesses and organizations enhances job placement opportunities. USD's dedicated career services also provide valuable resources, including internships that give students real-world experience, further boosting their employability and potential earnings.

Additionally, the analytical and quantitative skills gained through the Economics degree empower graduates to excel in various fields, making them versatile candidates in the workforce. The ability to analyze data and make informed decisions is a highly sought-after skill that translates into career advancement and higher wages over time.

In conclusion, investing in an Economics degree from the University of South Dakota not only opens doors to rewarding career opportunities but also provides a strong return on investment. With a solid education, practical experience, and a supportive alumni network, USD Economics graduates are well-equipped to thrive in a competitive job market.

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.

Get your personalized projection here!