Economics Degree from Western Illinois University Return on Investment

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

F D C B A
Approximate Total Payment $126,449
Approximate Total Interest $35,789
Monthly Payment $878.12
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 western illinois university

Economists

Projection Rating: B

Median Annual Wage: $115,730

Percentage of Paycheck to Repay: 13.66%-10.16%

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: 14.11%-10.50%

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. Pursuing an Economics Degree from Western Illinois University offers not only a comprehensive understanding of economic principles but also a remarkable return on investment (ROI) that can shape your career trajectory and financial prospects.

Graduates with an Economics degree from Western Illinois University are equipped with critical thinking, analytical skills, and a solid foundation in quantitative analysis, making them highly sought after in various industries including finance, government, education, and business.

When you consider the cost of tuition, potential student debt, and the time spent in school, it's crucial to evaluate the long-term benefits. The ROI of an Economics degree from WIU is highlighted by:

  • High Earning Potential: Economics graduates often command competitive salaries. According to national salary data, individuals with a Bachelor’s degree in Economics can expect to earn significantly more than those with only a high school diploma.
  • Diverse Career Opportunities: With an Economics degree, you can pursue various career paths such as market research analyst, financial analyst, economic consultant, and policy advisor. This versatility enhances your employability and job security.
  • Strong Alumni Network: Western Illinois University boasts a robust alumni network that can provide valuable connections, mentorship, and job opportunities in the economic field.
  • Practical Experience: The program emphasizes real-world applications through internships and collaborative projects, allowing students to gain practical experience that enhances their resumes and prepares them for the job market.

Moreover, the skills acquired during your studies are transferable across various sectors, ensuring that you remain adaptable in an ever-changing job landscape. Employers value graduates who can think critically and solve complex problems, traits that are cultivated throughout the Economics program at WIU.

In conclusion, the Economics Degree from Western Illinois University not only provides you with essential knowledge and skills but also represents a solid investment in your future. With a combination of high earning potential, diverse career options, and a supportive alumni network, graduates can confidently expect a favorable return on their educational investment.

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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