Legal Assistant, Paralegal Degree from University of Southern Mississippi Return on Investment
See what the return on investment is for jobs that someone with a Legal Assistant, Paralegal degree from University of Southern Mississippi is likely to work in.
Top job projections for graduates in legal assistant, paralegal from university of southern mississippi
Paralegals and legal assistants
Projection Rating: B
Median Annual Wage: $60,970
Percentage of Paycheck to Repay: 13.44%-10.00%
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: 16.16%-12.03%
Employment Change: -7.9%
Entry-Level Education: High school diploma or equivalent
Investing in a Paralegal Degree from the University of Southern Mississippi can yield significant returns both professionally and financially. As the demand for legal assistants continues to rise, graduates equipped with this specialized education are positioned for a multitude of career opportunities in the legal field.
One of the primary benefits of obtaining a paralegal degree is the rapidly growing job market. According to the U.S. Bureau of Labor Statistics, the employment of paralegals and legal assistants is projected to grow by 12% from 2020 to 2030, which is much faster than the average for all occupations. This growth translates to increased job security and a wide range of employment options upon graduation.
Additionally, the salary potential for paralegals is attractive. Graduates from the University of Southern Mississippi can expect competitive starting salaries, with the potential for earnings to increase significantly with experience and specialization. Many paralegals earn between $45,000 and $75,000 annually, depending on their geographic location and the sector they work in.
The University of Southern Mississippi offers a comprehensive curriculum designed to equip students with essential skills, including legal research, writing, and critical thinking. This educational foundation not only enhances employability but also prepares graduates to take on complex legal challenges in various settings, from law firms to corporate legal departments and government agencies.
Moreover, the university’s strong reputation and extensive alumni network provide valuable connections that can aid in job placement and career advancement. Networking opportunities through internships and professional organizations further enhance the return on investment for students pursuing a paralegal degree.
In summary, the Legal Assistant, Paralegal Degree from the University of Southern Mississippi offers a strong return on investment through robust job growth, competitive salaries, and a comprehensive education that prepares graduates for success in the legal profession. By choosing this path, you are not only investing in your education but also in a rewarding career that is both fulfilling and financially beneficial.
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.