Legal Assistant, Paralegal Degree from Illinois State University Return on Investment

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

F D C B A
Approximate Total Payment $132,425
Approximate Total Interest $37,481
Monthly Payment $919.62
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 illinois state university

Paralegals and legal assistants

Projection Rating: B-

Median Annual Wage: $60,970

Percentage of Paycheck to Repay: 18.10%-13.47%

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: 21.77%-16.20%

Employment Change: -7.9%

Entry-Level Education: High school diploma or equivalent

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Are you considering a career in the legal field? Illinois State University's Legal Assistant and Paralegal Degree program offers a strong return on investment (ROI) for aspiring legal professionals. With an increasing demand for qualified legal assistants and paralegals, graduates from this esteemed program are well-positioned to enter the workforce with confidence and skill.

One of the key advantages of earning a paralegal degree from Illinois State University is the comprehensive curriculum that combines practical training with theoretical knowledge. Students gain hands-on experience in legal research, writing, and case management, ensuring they are job-ready upon graduation. This practical approach not only equips students with the necessary skills but also enhances their employability in a competitive job market.

In terms of financial ROI, graduates can expect competitive salaries. According to the Bureau of Labor Statistics, the median annual wage for paralegals and legal assistants is significantly higher than the national average for all occupations. With a degree from Illinois State University, you can command even higher starting salaries due to the institution's reputation and the rigorous training provided.

Additionally, the job outlook for paralegals is promising, with a projected growth rate of 12% from 2020 to 2030, much faster than the average for all occupations. This growth is driven by the increasing need for legal services in various sectors, including corporate, real estate, and family law, providing a wealth of job opportunities for graduates.

Investing in your education at Illinois State University not only prepares you for a rewarding career but also offers long-term financial benefits. With a solid foundation in legal principles and practical skills, graduates are equipped to excel in diverse legal environments, making the Legal Assistant and Paralegal Degree a wise investment in your future.

In conclusion, pursuing a Legal Assistant and Paralegal Degree from Illinois State University is not just an educational endeavor; it's a strategic decision that can lead to a fulfilling career with a strong return on investment. Take the first step towards your future in the legal field 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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