Insurance Degree from University of Louisiana at Monroe Return on Investment

See what the return on investment is for jobs that someone with a Insurance degree from University of Louisiana at Monroe is likely to work in.

F D C B A
Approximate Total Payment $82,252
Approximate Total Interest $23,280
Monthly Payment $571.19
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 university of louisiana at monroe

Insurance sales agents

Projection Rating: B+

Median Annual Wage: $59,080

Percentage of Paycheck to Repay: 11.60%-8.63%

Employment Change: 33.4%

Entry-Level Education: High school diploma or equivalent

Insurance underwriters

Projection Rating: A-

Median Annual Wage: $77,860

Percentage of Paycheck to Repay: 8.80%-6.55%

Employment Change: -4.7%

Entry-Level Education: Bachelor's degree

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The Insurance Degree from the University of Louisiana at Monroe offers an exceptional return on investment (ROI) for students looking to enter the rapidly growing insurance industry. With the demand for skilled professionals in risk assessment, underwriting, and claims management on the rise, obtaining a degree in insurance not only equips students with vital knowledge but also enhances their employability.

According to industry reports, graduates with an insurance degree can expect competitive starting salaries and significant growth opportunities. The University of Louisiana at Monroe provides a comprehensive curriculum that combines theoretical knowledge with practical experience, ensuring students are well-prepared for the workforce.

Investing in an insurance degree can yield high returns, as many graduates report job placement rates exceeding 90% within six months of graduation. Additionally, the university's strong connections with local and national insurance companies create valuable networking opportunities, further enhancing career prospects.

Moreover, the financial aid options and scholarships available at the University of Louisiana at Monroe can help reduce overall educational costs, increasing the ROI of your degree. By choosing this program, students not only invest in their education but also secure a promising future in a stable and lucrative field.

In summary, pursuing an Insurance Degree from the University of Louisiana at Monroe is a smart investment for those aiming for a successful career in the insurance sector. With strong job prospects, competitive salaries, and a supportive learning environment, graduates can anticipate a fruitful return on their educational investment.

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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