Elementary Education and Teaching Degree from Drake University Return on Investment

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

F D C B A
Approximate Total Payment $223,210
Approximate Total Interest $63,176
Monthly Payment $1550.07
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 drake university

Elementary school teachers, except special education

Projection Rating: C-

Median Annual Wage: $63,680

Percentage of Paycheck to Repay: 29.21%-21.73%

Employment Change: -10.7%

Entry-Level Education: Bachelor's degree

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Investing in an Elementary Education and Teaching Degree from Drake University is not just about gaining knowledge; it's about securing a bright future and maximizing your return on investment (ROI). With a commitment to academic excellence and a rich history of producing highly qualified educators, Drake University stands out as a premier choice for aspiring teachers.

The ROI of pursuing an Elementary Education degree at Drake is compelling. Graduates often find themselves in high-demand positions, equipped with the skills and experience necessary to thrive in today’s educational landscape. With a robust curriculum that blends theory and practical experience, students graduate ready to make an impact in the classroom.

In addition to a quality education, Drake University's strong network of alumni and partnerships with local schools enhances job placement opportunities. Graduates frequently report high employment rates shortly after completing their degree, which translates into a quick return on their educational investment.

Financially, the value of a degree from Drake is evident. Graduates typically earn competitive salaries, and with the growing need for qualified elementary educators, job security is on the rise. Drake University also offers various financial aid options, scholarships, and grants, making it more accessible for students to pursue their teaching aspirations.

Moreover, the skills gained during the program extend beyond the classroom. Graduates develop essential competencies such as critical thinking, communication, and leadership, which are highly valued in various professions. This versatility not only enhances employability but also opens doors to potential career advancement.

In conclusion, choosing to pursue an Elementary Education and Teaching Degree from Drake University is a strategic investment in your future. With strong job placement rates, competitive salaries, and a comprehensive skill set, graduates can expect an excellent return on their investment, making this degree a wise choice for those passionate about shaping young minds and making a difference in the world of education.

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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