Legal Professions and Studies Degree from University of North Dakota Return on Investment

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

F D C B A
Approximate Total Payment $102,404
Approximate Total Interest $28,984
Monthly Payment $711.14
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 university of north dakota

Lawyers

Projection Rating: B-

Median Annual Wage: $145,760

Percentage of Paycheck to Repay: 17.56%-13.07%

Employment Change: 44.2%

Entry-Level Education: Doctoral or professional degree

Paralegals and legal assistants

Projection Rating: B

Median Annual Wage: $60,970

Percentage of Paycheck to Repay: 14.00%-10.41%

Employment Change: 4.3%

Entry-Level Education: Associate's degree

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The decision to pursue a degree in legal professions and studies is a significant investment in your future. At the University of North Dakota (UND), students are not only equipped with essential legal knowledge but also gain valuable skills that translate into a robust return on investment (ROI). This article explores the various aspects of ROI associated with a legal professions and studies degree from UND.

High Employment Rates

One of the strongest indicators of ROI is the employment rate of graduates. UND boasts high placement rates for its legal professions and studies graduates, thanks to a comprehensive curriculum that combines theoretical knowledge with practical skills. Graduates often find positions in law firms, government agencies, and corporate legal departments, ensuring a steady income post-graduation.

Competitive Salaries

According to recent data, professionals in the legal field enjoy competitive salaries. Graduates from UND can expect to earn salaries that reflect their expertise and education level. By investing in a legal degree, students position themselves for lucrative job opportunities that can significantly outweigh the costs of their education.

Networking Opportunities

UND provides invaluable networking opportunities through internships, workshops, and guest lectures from industry professionals. These connections can lead to job placements, mentorships, and collaborations that enhance career prospects and potential earnings. The relationships formed during your studies can be pivotal in securing a successful career in the legal field.

Diverse Career Paths

A degree in legal professions and studies opens doors to various career paths beyond traditional law practice. Graduates can pursue careers in compliance, public policy, paralegal work, and advocacy, among others. This diversity increases job security and adaptability in an ever-evolving job market, further enhancing the ROI of your degree.

Personal Growth and Skill Development

Beyond financial returns, a degree from UND fosters personal growth and development of critical skills such as analytical thinking, communication, and ethical reasoning. These skills are not only vital in the legal field but are also transferable to many other professions, making graduates versatile and valuable in the workforce.

Conclusion

Investing in a legal professions and studies degree from the University of North Dakota is not just about obtaining a diploma; it’s about setting the foundation for a successful and rewarding career. With high employment rates, competitive salaries, extensive networking opportunities, diverse career paths, and significant personal growth, the return on investment is clear. Choose UND for your legal education and unlock a future filled with potential.

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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