Legal Assistant, Paralegal Degree from Minnesota State University Moorhead Return on Investment
See what the return on investment is for jobs that someone with a Legal Assistant, Paralegal degree from Minnesota State University Moorhead is likely to work in.
Top job projections for graduates in legal assistant, paralegal from minnesota state university moorhead
Paralegals and legal assistants
Projection Rating: B
Median Annual Wage: $60,970
Percentage of Paycheck to Repay: 12.88%-9.58%
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: 15.49%-11.53%
Employment Change: -7.9%
Entry-Level Education: High school diploma or equivalent
Investing in a Legal Assistant or Paralegal degree from Minnesota State University Moorhead (MSUM) is a decision that can yield significant returns. The growing demand for legal professionals in various sectors ensures that graduates are well-positioned to enter a thriving job market. By obtaining a degree from an accredited institution like MSUM, students are not only gaining essential skills but also enhancing their employability.
One of the most compelling aspects of pursuing a Legal Assistant or Paralegal degree at MSUM is the robust curriculum that combines theoretical knowledge with practical experience. Students engage in hands-on training through internships and real-world projects, which equips them with the tools necessary to excel in their careers. This practical approach not only enriches learning but also makes graduates more attractive to potential employers.
Furthermore, the return on investment (ROI) for graduates is enhanced by the competitive salaries associated with legal assistant and paralegal positions. According to recent statistics, paralegals can earn a median salary that significantly outpaces the average income for many other professions. This financial incentive, coupled with the increasing job opportunities in legal settings, makes the degree a worthwhile investment.
Additionally, MSUM's strong network of alumni and connections within the legal community offers students valuable resources for job placement and career advancement. Graduates often find themselves working in law firms, corporate legal departments, government agencies, and non-profit organizations, allowing for diverse career paths.
In conclusion, a Legal Assistant or Paralegal degree from Minnesota State University Moorhead not only prepares students for a rewarding career but also provides a promising return on investment. With a solid educational foundation, practical experience, and a favorable job market, graduates can look forward to a future filled with opportunities and financial stability.
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.