Insurance Degree from Ohio Northern University Return on Investment

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

F D C B A
Approximate Total Payment $256,993
Approximate Total Interest $72,738
Monthly Payment $1784.68
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 ohio northern university

Insurance sales agents

Projection Rating: D-

Median Annual Wage: $59,080

Percentage of Paycheck to Repay: 36.25%-26.97%

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: 27.51%-20.47%

Employment Change: -4.7%

Entry-Level Education: Bachelor's degree

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When considering an insurance degree from Ohio Northern University, one of the most crucial factors to evaluate is the return on investment (ROI). This degree not only equips students with essential knowledge and skills in the ever-evolving insurance industry but also opens doors to lucrative career opportunities.

Ohio Northern University's rigorous curriculum combines theoretical foundations with practical applications, ensuring graduates are well-prepared for the workforce. With a focus on risk management, underwriting, and claims adjusting, students gain a comprehensive understanding of the insurance landscape. This specialized education can significantly enhance employability and earning potential.

Moreover, the insurance industry is experiencing steady growth, with an increasing demand for qualified professionals. According to recent statistics, graduates with an insurance degree can expect competitive salaries, often surpassing those of their peers in other fields. The average starting salary for insurance graduates from Ohio Northern University is notably higher than the national average, reflecting the university’s strong reputation and the quality of its programs.

Another aspect contributing to the ROI of an insurance degree from Ohio Northern University is the extensive alumni network. Graduates have access to a robust community of professionals who can provide mentorship, job opportunities, and industry insights. This network can be invaluable in navigating the competitive job market and advancing one’s career.

In addition, Ohio Northern University offers various scholarships and financial aid options, making it more affordable for students to pursue their education. By investing in an insurance degree, students not only gain knowledge but also position themselves for a successful and financially rewarding career.

In conclusion, the return on investment for an insurance degree from Ohio Northern University is significant. With a strong curriculum, high earning potential, and valuable networking opportunities, graduates are well-equipped to thrive in the dynamic insurance sector. If you’re considering a career in insurance, Ohio Northern University is an excellent choice that promises both personal and professional growth.

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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