Elementary Education and Teaching Degree from Benedictine University Return on Investment

See what the return on investment is for jobs that someone with a Elementary Education and Teaching degree from Benedictine University is likely to work in.

F D C B A
Approximate Total Payment $177,228
Approximate Total Interest $50,161
Monthly Payment $1230.75
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 elementary education and teaching from benedictine university

Elementary school teachers, except special education

Projection Rating: C

Median Annual Wage: $63,680

Percentage of Paycheck to Repay: 23.19%-17.26%

Employment Change: -10.7%

Entry-Level Education: Bachelor's degree

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Investing in your future through an Elementary Education and Teaching Degree from Benedictine University can yield significant returns, both financially and personally. As the demand for qualified educators continues to rise, obtaining a degree from a reputable institution positions you for a rewarding career in teaching.

The return on investment (ROI) for your degree can be measured in various ways. First, consider the competitive salary that elementary educators can earn. According to recent data, teachers with a bachelor's degree can expect to earn a starting salary in the range of $40,000 to $50,000, with potential increases based on experience, advanced degrees, and additional certifications.

Moreover, Benedictine University’s strong emphasis on practical experience provides students with valuable teaching opportunities through internships and student teaching placements. This hands-on approach not only enhances your skills but also makes you more attractive to future employers, further increasing your earning potential.

Additionally, graduates from Benedictine University often find themselves in high-demand due to the university's commitment to academic excellence and community engagement. This reputation can lead to better job placement rates and opportunities for advancement within the field of education.

Beyond financial gains, a degree in elementary education offers profound personal satisfaction. Teaching allows you to make a lasting impact on the lives of young learners, shaping their futures while also fostering your own growth as an educator and leader.

In conclusion, the Elementary Education and Teaching Degree from Benedictine University not only provides a solid foundation for a successful teaching career but also promises a strong return on investment through competitive salaries, valuable experience, and the opportunity to make a meaningful difference in the lives of students.

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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