Information Technology Degree from Loyola University Chicago Return on Investment

See what the return on investment is for jobs that someone with a Information Technology degree from Loyola University Chicago is likely to work in.

F D C B A
Approximate Total Payment $246,897
Approximate Total Interest $69,880
Monthly Payment $1714.56
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 information technology from loyola university chicago

Information security analysts

Projection Rating: B-

Median Annual Wage: $120,360

Percentage of Paycheck to Repay: 17.09%-12.72%

Employment Change: 59.1%

Entry-Level Education: Bachelor's degree

Computer and information systems managers

Projection Rating: B

Median Annual Wage: $169,510

Percentage of Paycheck to Repay: 12.14%-9.03%

Employment Change: 106.9%

Entry-Level Education: Bachelor's degree

Network and computer systems administrators

Projection Rating: C+

Median Annual Wage: $95,360

Percentage of Paycheck to Repay: 21.58%-16.05%

Employment Change: -8.8%

Entry-Level Education: Bachelor's degree

Don't see the job you're looking for? Click here.

Investing in your education is a crucial decision, and understanding the potential return on investment (ROI) of an Information Technology degree from Loyola University Chicago can help you make an informed choice. With the tech industry continuing to expand, graduates with a solid IT background are highly sought after. Loyola's Information Technology program is designed to equip students with essential skills in programming, networking, cybersecurity, and data management, ensuring they are well-prepared for the evolving job market.

According to recent studies, graduates with an IT degree can expect to earn significantly higher salaries compared to their peers in other fields. The average starting salary for IT graduates from Loyola University Chicago is competitive, with many alumni reporting salaries that exceed industry averages. This demonstrates the value of a Loyola education, which not only provides theoretical knowledge but also practical experience through internships and collaborative projects.

Additionally, the strong alumni network at Loyola University Chicago offers valuable connections that can enhance job placement opportunities. Employers recognize the quality of education provided by Loyola, which further boosts the ROI for graduates. With access to career services, mentorship programs, and networking events, students are well-positioned to launch successful careers in various IT sectors.

Moreover, the flexibility of Loyola's IT program allows students to tailor their education to align with their career goals, whether they are interested in software development, systems analysis, or cybersecurity. This personalized approach not only enhances learning but also contributes to a more robust ROI, as graduates can enter specialized roles that command higher salaries.

In summary, the Information Technology degree from Loyola University Chicago offers a promising return on investment through competitive starting salaries, strong alumni support, and a comprehensive curriculum designed to meet the demands of the job market. Choosing Loyola means investing in a future filled with opportunities in the dynamic world of technology.

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.

Get your personalized projection here!