Information Technology Degree from University of Memphis Return on Investment

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

F D C B A
Approximate Total Payment $108,385
Approximate Total Interest $30,677
Monthly Payment $752.67
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 university of memphis

Information security analysts

Projection Rating: A-

Median Annual Wage: $120,360

Percentage of Paycheck to Repay: 7.50%-5.58%

Employment Change: 59.1%

Entry-Level Education: Bachelor's degree

Computer and information systems managers

Projection Rating: A-

Median Annual Wage: $169,510

Percentage of Paycheck to Repay: 5.33%-3.96%

Employment Change: 106.9%

Entry-Level Education: Bachelor's degree

Network and computer systems administrators

Projection Rating: A-

Median Annual Wage: $95,360

Percentage of Paycheck to Repay: 9.47%-7.05%

Employment Change: -8.8%

Entry-Level Education: Bachelor's degree

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Investing in an Information Technology degree from the University of Memphis offers a substantial return on investment (ROI) for students looking to launch or elevate their careers in the tech industry. With the rapid growth of technology, graduates equipped with a robust IT education are in high demand, leading to competitive salaries and diverse job opportunities.

The University of Memphis provides a comprehensive curriculum that combines theoretical knowledge with practical skills, ensuring that students are well-prepared for the challenges of the workforce. Graduates can expect to enter roles in areas such as cybersecurity, data analysis, software development, and network administration, all of which are critical to modern businesses.

According to recent data, graduates with an Information Technology degree from the University of Memphis earn significantly higher starting salaries compared to their peers from other institutions. This financial advantage, coupled with the university’s strong industry connections and career support services, enhances the overall value of the degree.

Furthermore, the university’s focus on hands-on learning experiences, such as internships and cooperative education programs, allows students to gain real-world experience while still in school. This not only enriches their resumes but also increases their employability upon graduation.

Beyond immediate financial gains, an Information Technology degree from the University of Memphis also opens doors for career advancement. Many graduates find themselves in leadership positions within a few years of entering the workforce, further increasing their earning potential over time.

In summary, pursuing an Information Technology degree from the University of Memphis is a strategic investment in your future. With strong earning potential, valuable skills, and ample career opportunities, students can expect a high return on their educational investment, making it a smart choice for aspiring IT professionals.

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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