Insurance Degree from Illinois Wesleyan University Return on Investment

See what the return on investment is for jobs that someone with a Insurance degree from Illinois Wesleyan University is likely to work in.

F D C B A
Approximate Total Payment $253,786
Approximate Total Interest $71,830
Monthly Payment $1762.40
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 insurance from illinois wesleyan university

Insurance sales agents

Projection Rating: D-

Median Annual Wage: $59,080

Percentage of Paycheck to Repay: 35.80%-26.64%

Employment Change: 33.4%

Entry-Level Education: High school diploma or equivalent

Insurance underwriters

Projection Rating: C-

Median Annual Wage: $77,860

Percentage of Paycheck to Repay: 27.16%-20.21%

Employment Change: -4.7%

Entry-Level Education: Bachelor's degree

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When considering an insurance degree from Illinois Wesleyan University, understanding the return on investment (ROI) is crucial. This degree not only equips students with the essential knowledge and skills needed to thrive in the insurance industry, but it also offers a pathway to lucrative career opportunities.

Graduates of Illinois Wesleyan's insurance program benefit from a robust curriculum that covers vital topics such as risk management, underwriting, and claims analysis. This comprehensive education prepares students to enter a rapidly evolving field where demand for skilled professionals continues to rise.

One of the standout features of pursuing an insurance degree at Illinois Wesleyan is the university's strong connections with industry leaders. These connections facilitate internships and job placements, enhancing the overall educational experience while significantly boosting the employability of graduates.

Moreover, the financial rewards of obtaining an insurance degree are noteworthy. According to recent statistics, the average salary for insurance professionals can range significantly, with many entry-level positions offering competitive compensation. As graduates advance in their careers, they often see substantial salary growth, further highlighting the value of their investment in education.

Additionally, Illinois Wesleyan University provides personalized support services, including career counseling and networking opportunities, ensuring that students are well-prepared to make their mark in the insurance sector. This commitment to student success contributes to a higher ROI, as graduates enter the job market with confidence and the skills necessary to excel.

In conclusion, investing in an insurance degree from Illinois Wesleyan University is not just about obtaining a diploma; it’s about setting the foundation for a rewarding career. With a strong ROI, a comprehensive curriculum, and extensive support resources, students can feel assured that their investment will pay off in the long run.

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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