Mathematics and Statistics Degree from Rutgers University – Newark Return on Investment

See what the return on investment is for jobs that someone with a Mathematics and Statistics degree from Rutgers University – Newark is likely to work in.

F D C B A
Approximate Total Payment $173,637
Approximate Total Interest $49,145
Monthly Payment $1205.81
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 mathematics and statistics from rutgers university - newark

Mathematicians

Projection Rating: B

Median Annual Wage: $116,440

Percentage of Paycheck to Repay: 12.43%-9.25%

Employment Change: 0.1%

Entry-Level Education: Master's degree

Statisticians

Projection Rating: B

Median Annual Wage: $104,110

Percentage of Paycheck to Repay: 13.90%-10.34%

Employment Change: 3.8%

Entry-Level Education: Master's degree

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Investing in your education is a significant decision, and choosing a Mathematics and Statistics degree from Rutgers University – Newark is an investment that pays off. This program not only provides a solid foundation in mathematical theories and statistical methods but also equips you with critical skills that are highly sought after in today's job market.

The return on investment (ROI) for a Mathematics and Statistics degree from Rutgers Newark is compelling. Graduates from this program are well-prepared for a variety of career paths, including roles in data analysis, actuarial science, finance, and academia. With the increasing demand for data-driven decision-making across industries, professionals skilled in mathematics and statistics are more valuable than ever.

According to recent statistics, graduates with a Mathematics and Statistics degree can expect competitive starting salaries, with many earning significantly more than their peers in other fields. Additionally, the strong alumni network and career services at Rutgers Newark provide graduates with excellent job placement opportunities, enhancing their ROI further.

Moreover, Rutgers University – Newark is known for its commitment to diversity and inclusion, creating a rich learning environment that fosters innovation and collaboration. This unique atmosphere not only enhances your educational experience but also prepares you to work effectively in diverse teams in the professional world.

In conclusion, pursuing a Mathematics and Statistics degree from Rutgers University – Newark is not just about gaining knowledge; it's about securing a prosperous future. The blend of rigorous academics, practical experience, and a strong support system ensures that your investment in this degree will yield significant returns throughout your career.

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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