Legal Professions and Studies Degree from Loyola University Chicago Return on Investment
See what the return on investment is for jobs that someone with a Legal Professions and Studies degree from Loyola University Chicago is likely to work in.
Top job projections for graduates in legal professions and studies from loyola university chicago
Lawyers
Projection Rating: F
Median Annual Wage: $145,760
Percentage of Paycheck to Repay: 42.35%-31.51%
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: 33.75%-25.11%
Employment Change: 4.3%
Entry-Level Education: Associate's degree
Investing in a legal professions and studies degree from Loyola University Chicago offers significant returns that extend beyond the classroom. As one of the leading institutions in legal education, Loyola provides students with a robust curriculum, experienced faculty, and a wealth of practical opportunities that enhance career prospects.
Graduates from Loyola's legal programs often find themselves well-prepared for various roles within the legal field, including paralegals, compliance officers, and legal consultants. With the increasing demand for skilled professionals in these areas, the potential for a lucrative salary and job stability is high. In fact, many alumni report a salary increase that far surpasses the initial investment of their education.
Moreover, Loyola’s strong network of alumni and connections within the legal community can open doors to internships and job placements, further amplifying the return on investment. The university's commitment to experiential learning means that students gain real-world experience through clinics, externships, and partnerships with local law firms and organizations, ensuring they graduate with not only theoretical knowledge but also practical skills.
The value of a Loyola education is evident in the high employment rates of its graduates. Many secure positions shortly after graduation, with some even receiving job offers before completing their degrees. This trend highlights the effectiveness of Loyola’s career services and its strong reputation among employers.
In summary, a legal professions and studies degree from Loyola University Chicago is not just an academic credential; it's a smart investment in your future. With a strong return on investment backed by quality education, networking opportunities, and practical experience, graduates are poised for success in the competitive legal landscape.
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.