Elementary Education and Teaching Degree from Loyola University Chicago Return on Investment
See what the return on investment is for jobs that someone with a Elementary Education and Teaching degree from Loyola University Chicago is likely to work in.
Top job projections for graduates in elementary education and teaching from loyola university chicago
Elementary school teachers, except special education
Projection Rating: D
Median Annual Wage: $63,680
Percentage of Paycheck to Repay: 32.31%-24.04%
Employment Change: -10.7%
Entry-Level Education: Bachelor's degree
When considering a degree in Elementary Education and Teaching from Loyola University Chicago, understanding the return on investment (ROI) is crucial for prospective students. This program not only provides a robust foundation in educational theory and practice but also offers a pathway to a fulfilling career in teaching.
The ROI of an Elementary Education degree from Loyola is evident through various factors. Graduates benefit from Loyola's strong reputation and network, which can lead to better job placement opportunities. With a focus on hands-on learning and community engagement, students gain practical experience that enhances their employability upon graduation.
In terms of financial returns, teachers in Chicago and surrounding areas can expect competitive salaries, especially with the potential for salary increases based on experience and additional certifications. Furthermore, Loyola’s graduates often find themselves in high-demand positions, reducing the time it takes to secure employment after earning their degree.
Moreover, Loyola University Chicago emphasizes a holistic education, preparing students not just for teaching but for leadership roles within educational settings. This comprehensive approach equips graduates with skills that are valuable in various positions within the educational landscape, further enhancing their long-term career prospects and potential earnings.
Investing in an Elementary Education and Teaching degree at Loyola University Chicago means not only committing to a rewarding profession but also ensuring a significant return on that investment through professional growth, competitive salaries, and a network of successful alumni. With a focus on creating impactful educators, Loyola shapes the future of education while providing its graduates with the tools they 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.