Education Degree from Salem State University Return on Investment

See what the return on investment is for jobs that someone with a Education degree from Salem State University is likely to work in.

F D C B A
Approximate Total Payment $154,953
Approximate Total Interest $43,857
Monthly Payment $1076.06
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 education from salem state university

Education administrators, all other

Projection Rating: A-

Median Annual Wage: $88,460

Percentage of Paycheck to Repay: 9.73%-7.24%

Employment Change: 1.4%

Entry-Level Education: Bachelor's degree

Instructional coordinators

Projection Rating: B-

Median Annual Wage: $74,620

Percentage of Paycheck to Repay: 17.30%-12.88%

Employment Change: 4.1%

Entry-Level Education: Master's degree

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Investing in your education is a significant decision, and understanding the return on investment (ROI) of an Education Degree from Salem State University can help you make an informed choice. With a focus on practical experience and a robust curriculum, Salem State University equips graduates with the skills and knowledge necessary to excel in various educational settings.

One of the key benefits of earning an Education Degree from Salem State University is the high employment rate among graduates. The university's strong connections with local school districts and educational organizations provide students with valuable networking opportunities and internships, enhancing their job prospects upon graduation.

Financially, the ROI of an Education Degree can be substantial. Graduates often secure positions as teachers, administrators, or education specialists, which can lead to a stable and lucrative career. According to recent data, educators with a degree from Salem State University earn competitive salaries, with opportunities for advancement and salary increases over time.

Additionally, the university offers various financial aid options, including scholarships, grants, and work-study programs, making education more accessible and reducing the overall cost of obtaining a degree. This financial support can significantly improve the ROI as students graduate with less debt and a clear path to employment.

Beyond the financial aspects, the personal fulfillment that comes from educating others and making a positive impact in the community is invaluable. Graduates of Salem State University often find that their work in education is not just a job, but a rewarding career that contributes to society.

In conclusion, pursuing an Education Degree from Salem State University offers a promising return on investment, combining strong employment prospects, competitive salaries, and the opportunity to make a meaningful difference in the lives of students. If you're considering a career in education, Salem State University provides the resources and support you need to succeed.

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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