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

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

F D C B A
Approximate Total Payment $140,998
Approximate Total Interest $39,907
Monthly Payment $979.16
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 northern illinois university

Elementary school teachers, except special education

Projection Rating: B-

Median Annual Wage: $63,680

Percentage of Paycheck to Repay: 18.45%-13.73%

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 Northern Illinois University (NIU) offers substantial returns that extend beyond the classroom. With a focus on comprehensive training, NIU prepares you to become an effective educator, equipping you with the skills and knowledge necessary to thrive in today’s dynamic educational landscape.

One of the key factors to consider when evaluating the return on investment (ROI) of your degree is the potential salary. Graduates from NIU’s Elementary Education program often secure teaching positions in various public and private schools, with competitive starting salaries. According to national averages, elementary school teachers earn a median salary of approximately $60,000 per year, and this figure can increase significantly with experience and additional certifications.

Moreover, NIU's strong network of alumni and partnerships with local schools enhances job placement opportunities for graduates. The university’s commitment to student success is evident in its robust career services and mentorship programs, which provide invaluable support as you transition from classroom learning to real-world teaching.

In addition to financial benefits, earning your degree from NIU fosters personal growth and community impact. Educators play a crucial role in shaping the minds of future generations, making this profession not only rewarding but also impactful. The skills you develop during your studies—such as critical thinking, communication, and leadership—are transferable to numerous other fields, further increasing your career options and potential earnings.

Furthermore, NIU offers various scholarship and financial aid opportunities, making it easier for prospective students to minimize their educational costs. The affordability, combined with the high quality of education, makes NIU’s Elementary Education and Teaching Degree a wise investment.

In conclusion, choosing to pursue an Elementary Education and Teaching Degree from Northern Illinois University not only positions you for a fulfilling career but also ensures a significant return on your investment. With competitive salaries, strong job placement rates, and the ability to make a difference in your community, this degree is more than just an educational credential—it’s a gateway to a brighter future.

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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