Legal Professions and Studies Degree from Drake University Return on Investment

See what the return on investment is for jobs that someone with a Legal Professions and Studies degree from Drake University is likely to work in.

F D C B A
Approximate Total Payment $223,210
Approximate Total Interest $63,176
Monthly Payment $1550.07
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 professions and studies from drake university

Lawyers

Projection Rating: D-

Median Annual Wage: $145,760

Percentage of Paycheck to Repay: 38.28%-28.49%

Employment Change: 44.2%

Entry-Level Education: Doctoral or professional degree

Paralegals and legal assistants

Projection Rating: D+

Median Annual Wage: $60,970

Percentage of Paycheck to Repay: 30.51%-22.70%

Employment Change: 4.3%

Entry-Level Education: Associate's degree

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Investing in a Legal Professions and Studies degree from Drake University offers a promising return on investment (ROI) for aspiring legal professionals. As one of the leading universities in the Midwest, Drake provides a comprehensive curriculum designed to equip students with the essential skills needed to thrive in various legal careers.

Graduates of Drake's Legal Professions and Studies program have a competitive edge in the job market, thanks to the university's strong connections with law firms, governmental agencies, and non-profit organizations. These partnerships facilitate valuable internships and networking opportunities, ensuring students gain practical experience that enhances their employability.

According to recent statistics, graduates from Drake University enjoy high starting salaries, with many entering the workforce in positions that yield significant financial returns. The program not only prepares students for immediate employment but also lays a strong foundation for long-term career advancement in fields such as paralegal studies, legal administration, and compliance.

Additionally, Drake's commitment to academic excellence is reflected in its experienced faculty, state-of-the-art facilities, and a supportive learning environment. Students are encouraged to engage in research, participate in legal clinics, and attend workshops that further enrich their educational experience.

The ROI of a Legal Professions and Studies degree from Drake University extends beyond financial gains; it also encompasses personal growth and the fulfillment of pursuing a career dedicated to justice and advocacy. With a degree from Drake, graduates are not only prepared to succeed in their careers but are also poised to make meaningful contributions to society.

In conclusion, choosing to pursue a Legal Professions and Studies degree at Drake University is an investment in your future. With strong job placement rates, competitive salaries, and a robust support system, students can expect a rewarding career that justifies their educational 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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