Legal Assistant, Paralegal Degree from Massachusetts Bay Community College Return on Investment

See what the return on investment is for jobs that someone with a Legal Assistant, Paralegal degree from Massachusetts Bay Community College is likely to work in.

F D C B A
Approximate Total Payment $81,985
Approximate Total Interest $23,204
Monthly Payment $569.34
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 massachusetts bay community college

Paralegals and legal assistants

Projection Rating: B+

Median Annual Wage: $60,970

Percentage of Paycheck to Repay: 11.21%-8.34%

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: 13.48%-10.03%

Employment Change: -7.9%

Entry-Level Education: High school diploma or equivalent

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If you're considering a career in the legal field, obtaining a Legal Assistant or Paralegal degree from Massachusetts Bay Community College (MBCC) could be a strategic move. This program not only equips you with essential skills but also offers a significant return on investment (ROI) for your future career.

In today’s competitive job market, employers are actively seeking qualified legal professionals who can navigate complex legal environments. MBCC’s Paralegal program is designed to provide students with practical experience and a thorough understanding of legal principles, making graduates highly attractive to potential employers.

The ROI of a Paralegal degree from MBCC is evident in several key areas:

  • Job Placement Rates: MBCC boasts a high job placement rate for its graduates, with many finding employment shortly after completing the program. This swift transition into the workforce is a testament to the quality of education provided.
  • Competitive Salaries: Legal assistants and paralegals enjoy competitive salaries. According to the Bureau of Labor Statistics, the median annual wage for paralegals was $56,230 in May 2022. Graduates from MBCC can expect salaries that reflect their education and training.
  • Career Advancement: A degree from MBCC can open doors to various career paths within the legal field, including opportunities for advancement. Graduates often pursue specialized certifications or further education, which can lead to increased earning potential and higher-level positions.
  • Networking Opportunities: MBCC provides students with access to a network of legal professionals, allowing for valuable connections that can aid in job placement and career growth.

Investing in your education at Massachusetts Bay Community College is not only a step towards a fulfilling career but also a wise financial decision. With the skills, knowledge, and connections gained through the Legal Assistant and Paralegal program, you can expect a strong return on your educational investment.

Ready to take the next step towards a rewarding career in the legal field? Explore the Paralegal program at Massachusetts Bay Community College today and discover how you can achieve your professional goals while maximizing your return on 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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