Mathematics and Statistics Degree from University of Missouri – Kansas City Return on Investment

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

F D C B A
Approximate Total Payment $184,848
Approximate Total Interest $52,318
Monthly Payment $1283.66
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 university of missouri - kansas city

Mathematicians

Projection Rating: B

Median Annual Wage: $116,440

Percentage of Paycheck to Repay: 13.23%-9.84%

Employment Change: 0.1%

Entry-Level Education: Master's degree

Statisticians

Projection Rating: B

Median Annual Wage: $104,110

Percentage of Paycheck to Repay: 14.80%-11.01%

Employment Change: 3.8%

Entry-Level Education: Master's degree

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The Mathematics and Statistics degree from the University of Missouri – Kansas City (UMKC) offers an exceptional return on investment (ROI) for students pursuing a career in this dynamic field. With a strong emphasis on analytical skills and quantitative reasoning, graduates are well-prepared for a variety of careers in industries such as finance, healthcare, education, and data science.

One of the key advantages of obtaining a degree in Mathematics and Statistics from UMKC is the university's commitment to providing a high-quality education at an affordable price. Compared to national averages, UMKC's tuition rates are competitive, allowing students to graduate with less debt. This financial advantage significantly enhances the ROI of the degree.

Furthermore, the demand for professionals skilled in mathematics and statistics continues to grow. According to the Bureau of Labor Statistics, jobs in this field are projected to grow much faster than the average for all occupations. Graduates can expect to find lucrative employment opportunities, often with starting salaries that reflect the high demand for their expertise.

UMKC’s Mathematics and Statistics program also offers hands-on learning experiences, internships, and networking opportunities with local businesses and organizations. This practical approach not only enriches the academic experience but also increases employability upon graduation. Many students secure positions before they even complete their degree, underscoring the program's effectiveness in preparing graduates for the workforce.

In addition to career prospects, the skills gained from a Mathematics and Statistics degree are transferable and beneficial across numerous fields. Graduates possess critical thinking, problem-solving, and data analysis skills that are highly sought after by employers, making them versatile candidates in an ever-evolving job market.

In summary, investing in a Mathematics and Statistics degree from the University of Missouri – Kansas City is a strategic choice for students aiming to maximize their career potential. With affordable tuition, strong job prospects, and valuable skills, UMKC graduates are well-positioned to enjoy a substantial return on 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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