Foreign Languages and Literatures Degree from Old Dominion University Return on Investment

See what the return on investment is for jobs that someone with a Foreign Languages and Literatures degree from Old Dominion University is likely to work in.

F D C B A
Approximate Total Payment $317,197
Approximate Total Interest $89,778
Monthly Payment $2202.76
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 foreign languages and literatures from old dominion university

Interpreters and translators

Projection Rating: B-

Median Annual Wage: $57,090

Percentage of Paycheck to Repay: 15.43%-11.48%

Employment Change: 1.8%

Entry-Level Education: Bachelor's degree

Postsecondary teachers, all other

Projection Rating: D

Median Annual Wage: $79,870

Percentage of Paycheck to Repay: 33.10%-24.63%

Employment Change: 6.5%

Entry-Level Education: Doctoral or professional degree

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Investing in a Foreign Languages and Literatures degree from Old Dominion University can yield significant returns, both personally and professionally. As globalization continues to shape our world, the demand for multilingual professionals is on the rise. Graduates from ODU’s esteemed program gain not only language proficiency but also critical thinking, cultural awareness, and communication skills that are highly valued in today’s job market.

One of the key factors in assessing the return on investment (ROI) of your degree is the variety of career paths available. With a Foreign Languages and Literatures degree, you can pursue roles in education, translation, interpretation, international business, tourism, and government. These positions often come with competitive salaries, particularly for those who can speak multiple languages fluently.

Moreover, ODU's robust network of alumni and industry connections offers valuable internship and job placement opportunities, further enhancing your career prospects. The university’s commitment to experiential learning ensures that students graduate with practical experience, making them more attractive to potential employers.

Additionally, the skills acquired through this program extend beyond the classroom. Bilingual or multilingual individuals often enjoy better job security and increased earning potential. According to various studies, professionals who are fluent in multiple languages can earn up to 20% more than their monolingual peers.

In conclusion, a Foreign Languages and Literatures degree from Old Dominion University not only equips you with essential skills for a diverse range of careers but also provides a strong return on investment. With the global job market evolving, now is the perfect time to embark on this rewarding academic journey.

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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