Mathematics Teacher Education Degree from Illinois State University Return on Investment

See what the return on investment is for jobs that someone with a Mathematics Teacher Education degree from Illinois State University is likely to work in.

F D C B A
Approximate Total Payment $132,425
Approximate Total Interest $37,481
Monthly Payment $919.62
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 teacher education from illinois state university

Mathematical science teachers, postsecondary

Projection Rating: F+

Median Annual Wage: $81,020

Percentage of Paycheck to Repay: 40.86%-30.41%

Employment Change: 1.9%

Entry-Level Education: Doctoral or professional degree

Secondary school teachers, except special and career/technical education

Projection Rating: B-

Median Annual Wage: $65,220

Percentage of Paycheck to Repay: 16.92%-12.59%

Employment Change: -6.9%

Entry-Level Education: Bachelor's degree

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The Mathematics Teacher Education Degree from Illinois State University offers an exceptional opportunity for aspiring educators looking to make a significant impact in the classroom. But what about the return on investment (ROI)? Let's explore the financial and personal benefits of pursuing this degree.

Illinois State University is renowned for its comprehensive teacher preparation programs, equipping graduates with the skills and knowledge necessary for successful careers in education. With a focus on mathematics education, this degree not only prepares you to teach but also opens doors to various career opportunities in education, curriculum development, and educational leadership.

One of the key factors contributing to the ROI of a Mathematics Teacher Education Degree is the competitive salary that math teachers earn. According to the U.S. Bureau of Labor Statistics, the median annual wage for high school teachers is above the national average, and math teachers often command higher salaries due to the specialized nature of their expertise.

Moreover, the demand for qualified math teachers continues to rise, particularly in underserved areas. This increasing need translates into job security and opportunities for advancement, enabling graduates to climb the career ladder more rapidly than in many other fields.

In addition to financial benefits, pursuing a Mathematics Teacher Education Degree fosters personal growth and satisfaction. Educators play a vital role in shaping future generations, and the fulfillment that comes from making a difference in students' lives is immeasurable. The skills acquired during this program, such as critical thinking, problem-solving, and communication, are invaluable not only in the classroom but in any professional setting.

Furthermore, Illinois State University provides a robust support system for its students, including mentorship programs, career services, and networking opportunities. These resources enhance the educational experience and contribute to a strong ROI by helping graduates secure rewarding positions after graduation.

In summary, the Mathematics Teacher Education Degree from Illinois State University offers an excellent return on investment through competitive salaries, job security, personal satisfaction, and robust support systems. If you’re passionate about mathematics and education, this degree could be the key to a fulfilling and financially rewarding 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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