Education Degree from University of Memphis Return on Investment

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

F D C B A
Approximate Total Payment $162,578
Approximate Total Interest $46,015
Monthly Payment $1129.01
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 university of memphis

Education administrators, all other

Projection Rating: B+

Median Annual Wage: $88,460

Percentage of Paycheck to Repay: 10.21%-7.60%

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: 18.16%-13.51%

Employment Change: 4.1%

Entry-Level Education: Master's degree

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The decision to pursue an education degree is significant, and understanding the return on investment (ROI) can help prospective students make informed choices. The University of Memphis offers a comprehensive education degree program that not only equips students with essential teaching skills but also provides a solid foundational knowledge that translates into career opportunities.

Investing in an education degree from the University of Memphis can lead to a rewarding career in various fields, including elementary education, special education, and educational leadership. Graduates often experience a strong demand for qualified educators, which can result in competitive salaries and job security. According to recent data, teachers in Tennessee earn an average salary that reflects the state’s commitment to education and professional development.

The University of Memphis prides itself on its robust support system and resources available to education students. From experienced faculty to hands-on teaching experiences, students gain invaluable skills that enhance their employability. The university’s strong network of alumni and partnerships with local schools further contribute to the successful placement of graduates in teaching positions.

Moreover, the ROI of an education degree extends beyond financial metrics. Graduates often report high levels of job satisfaction and the intrinsic rewards of making a difference in students' lives. The skills and knowledge acquired during the program also prepare graduates for opportunities in educational policy, administration, and curriculum development.

In summary, an education degree from the University of Memphis offers a compelling return on investment, combining financial benefits with personal fulfillment and career growth. By choosing this program, students are not only investing in their future but also in the future of the next generation.

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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