Elementary Education and Teaching Degree from Northeastern Illinois University Return on Investment

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

F D C B A
Approximate Total Payment $116,469
Approximate Total Interest $32,965
Monthly Payment $808.81
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 northeastern illinois university

Elementary school teachers, except special education

Projection Rating: B-

Median Annual Wage: $63,680

Percentage of Paycheck to Repay: 15.24%-11.34%

Employment Change: -10.7%

Entry-Level Education: Bachelor's degree

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The decision to pursue an Elementary Education and Teaching degree is a significant step toward a rewarding career in education. At Northeastern Illinois University (NEIU), we understand that prospective students are not only focused on their passion for teaching but also on the return on investment (ROI) of their educational choices. In this article, we will explore the various aspects that contribute to the value of obtaining your degree from NEIU.

One of the key factors in assessing the ROI of your Elementary Education and Teaching degree is the quality of education you receive. Northeastern Illinois University boasts a robust curriculum designed to equip students with the essential skills and knowledge needed to thrive in the classroom. With experienced faculty, hands-on learning opportunities, and a strong focus on student-centered teaching methods, our program prepares graduates to meet the diverse needs of today’s learners.

Moreover, NEIU’s commitment to affordability enhances the overall value of your degree. With competitive tuition rates and various financial aid options, including scholarships and grants, students can minimize their student loan debt while gaining a high-quality education. This financial accessibility ensures that graduates can enter the workforce with less financial burden, ultimately improving their ROI.

In addition to cost considerations, job placement rates play a crucial role in determining the ROI of an Elementary Education degree. Northeastern Illinois University has established strong partnerships with local school districts and educational organizations, which facilitates valuable internship opportunities and job placements for our graduates. Many NEIU alumni secure teaching positions shortly after graduation, demonstrating the demand for skilled educators trained at our institution.

Furthermore, the earning potential for teachers in Illinois is another vital aspect of ROI. According to the Illinois State Board of Education, the average salary for an elementary school teacher in the state is competitive and offers opportunities for growth through experience and continued education. With a degree from NEIU, graduates are well-positioned to pursue higher-paying roles in administration, specialized education, or curriculum development, further enhancing their lifetime earning potential.

Finally, the personal fulfillment that comes from a career in education cannot be overlooked. Teaching is not just about financial rewards; it’s about making a difference in the lives of students and contributing to the community. The intrinsic rewards of shaping young minds and fostering a love for learning provide an invaluable ROI that extends far beyond monetary calculations.

In conclusion, pursuing an Elementary Education and Teaching degree from Northeastern Illinois University offers a compelling return on investment. With a strong educational foundation, affordability, high job placement rates, competitive salaries, and the intrinsic rewards of teaching, NEIU graduates are well-equipped to embark on a fulfilling career in education. Start your journey today and discover the lasting impact you can have on future generations.

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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