Legal Assistant, Paralegal Degree from Davenport University Return on Investment
See what the return on investment is for jobs that someone with a Legal Assistant, Paralegal degree from Davenport University is likely to work in.
Top job projections for graduates in legal assistant, paralegal from davenport university
Paralegals and legal assistants
Projection Rating: B-
Median Annual Wage: $60,970
Percentage of Paycheck to Repay: 17.29%-12.86%
Employment Change: 4.3%
Entry-Level Education: Associate's degree
Legal secretaries and administrative assistants
Projection Rating: C+
Median Annual Wage: $50,680
Percentage of Paycheck to Repay: 20.80%-15.48%
Employment Change: -7.9%
Entry-Level Education: High school diploma or equivalent
Investing in your education is a significant decision, and when considering a degree in legal assistance or paralegal studies from Davenport University, it's essential to evaluate the return on investment (ROI). This degree offers not only a pathway to a rewarding career but also the potential for financial gains in a rapidly growing field.
Davenport University’s Legal Assistant and Paralegal program is designed to equip students with the necessary skills and knowledge to thrive in various legal environments. Graduates of this program often find employment in law firms, corporate legal departments, and government agencies, all of which are actively seeking skilled paralegals and legal assistants.
According to the U.S. Bureau of Labor Statistics, the demand for paralegals is expected to grow by 12% from 2020 to 2030, which is faster than the average for all occupations. This growth translates to numerous job opportunities and competitive salaries. Graduates can expect to earn a median annual wage that significantly exceeds the national average for all occupations, making this investment in education a financially sound choice.
Furthermore, Davenport University’s emphasis on practical experience ensures that students graduate with hands-on skills that employers value. The program includes internships and networking opportunities that frequently lead to job placements upon graduation. This direct connection to the workforce enhances the ROI of the degree, as students not only gain knowledge but also build professional relationships that can facilitate career advancement.
Another aspect of the ROI is the flexibility offered by Davenport University. With options for online courses, students can balance their studies with work or personal commitments, making it easier to invest in their education without sacrificing their current lifestyle. This flexibility allows for a quicker path to graduation and, consequently, entering the workforce sooner.
In summary, a degree in Legal Assistant or Paralegal studies from Davenport University presents a valuable return on investment. With high job demand, competitive salaries, practical training, and flexible learning options, students can confidently embark on a lucrative career in the legal field. Investing in your future has never been more promising with Davenport University.
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.