Legal Assistant, Paralegal Degree from Eastern Kentucky University Return on Investment

See what the return on investment is for jobs that someone with a Legal Assistant, Paralegal degree from Eastern Kentucky University is likely to work in.

F D C B A
Approximate Total Payment $91,688
Approximate Total Interest $25,951
Monthly Payment $636.72
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 legal assistant, paralegal from eastern kentucky university

Paralegals and legal assistants

Projection Rating: B

Median Annual Wage: $60,970

Percentage of Paycheck to Repay: 12.53%-9.32%

Employment Change: 4.3%

Entry-Level Education: Associate's degree

Legal secretaries and administrative assistants

Projection Rating: B-

Median Annual Wage: $50,680

Percentage of Paycheck to Repay: 15.08%-11.22%

Employment Change: -7.9%

Entry-Level Education: High school diploma or equivalent

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Investing in your education is a crucial step towards a successful career, especially in the competitive field of law. If you're considering a Legal Assistant or Paralegal Degree from Eastern Kentucky University (EKU), understanding the return on investment (ROI) can help you make an informed decision.

EKU’s Paralegal Studies program equips students with essential skills and knowledge required in today’s legal environment. With a curriculum that combines theoretical knowledge and practical experience, graduates emerge well-prepared for various roles within legal settings. This preparation not only enhances employability but also positions graduates for competitive salaries.

According to recent data, the demand for paralegals and legal assistants is projected to grow by 10% from 2021 to 2031, faster than the average for all occupations. This growth translates to increased job opportunities and potential for career advancement for EKU graduates. By earning your degree from a reputable institution like EKU, you can access a network of alumni and professionals that can further enhance your career prospects.

Moreover, the cost of obtaining a degree at EKU is competitive compared to other institutions. With various financial aid options available, including scholarships and grants, you can minimize your educational expenses. The ability to enter the workforce with a solid foundation in legal principles makes the investment even more worthwhile.

On average, paralegals earn a salary of around $50,000 per year, with potential for higher earnings based on experience, specialization, and geographic location. This means that graduates can expect to recoup their educational investment relatively quickly, especially when considering the potential for salary increases over time.

In conclusion, obtaining a Legal Assistant or Paralegal Degree from Eastern Kentucky University offers a strong return on investment. With a robust job market, competitive salaries, and a supportive educational environment, EKU prepares its graduates for a rewarding career in the legal field. Take the next step in your professional journey and consider enrolling in EKU’s Paralegal Studies program today!

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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