Elementary Education and Teaching Degree from Morgan State University Return on Investment

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

F D C B A
Approximate Total Payment $109,263
Approximate Total Interest $30,925
Monthly Payment $758.77
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 morgan state university

Elementary school teachers, except special education

Projection Rating: B

Median Annual Wage: $63,680

Percentage of Paycheck to Repay: 14.30%-10.64%

Employment Change: -10.7%

Entry-Level Education: Bachelor's degree

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If you're considering pursuing an Elementary Education and Teaching Degree from Morgan State University, understanding the return on investment (ROI) is crucial. This degree not only equips you with essential teaching skills but also opens doors to a fulfilling career in education.

The ROI of obtaining an Elementary Education degree at Morgan State is significant. Graduates often find themselves in high-demand positions within public and private schools, where they can make a lasting impact on young minds. The skills acquired during your studies, such as classroom management, curriculum development, and student assessment, are highly valued in the education sector.

Moreover, the financial benefits are noteworthy. Teachers with a degree from Morgan State typically enjoy competitive salaries, comprehensive benefits, and opportunities for advancement. As you gain experience and pursue additional certifications, your earning potential increases. According to recent statistics, educators with advanced degrees can earn up to 20% more than their peers with only a bachelor's degree.

Additionally, the cost of obtaining your degree at Morgan State is competitive with other institutions. With financial aid options, scholarships, and flexible payment plans, your investment in education becomes more manageable. The university's commitment to supporting its students ensures that you can focus on your studies without the burden of overwhelming debt.

Furthermore, Morgan State University boasts a strong alumni network, providing you with valuable connections in the education field. This network can lead to job opportunities, mentorship, and professional development, further enhancing your career prospects and ROI.

In conclusion, choosing to pursue an Elementary Education and Teaching Degree from Morgan State University is not just an educational decision; it's a strategic investment in your future. With the potential for a rewarding career, competitive salaries, and a supportive community, the ROI of this degree is undeniably high. Start your journey today and shape the future 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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