Philosophy Degree from Augustana College Return on Investment

See what the return on investment is for jobs that someone with a Philosophy degree from Augustana College is likely to work in.

F D C B A
Approximate Total Payment $236,428
Approximate Total Interest $66,917
Monthly Payment $1641.86
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 philosophy from augustana college

Philosophy and religion teachers, postsecondary

Projection Rating: F-

Median Annual Wage: $79,930

Percentage of Paycheck to Repay: 73.95%-55.02%

Employment Change: 0.5%

Entry-Level Education: Doctoral or professional degree

Clergy

Projection Rating: D

Median Annual Wage: $58,920

Percentage of Paycheck to Repay: 33.44%-24.88%

Employment Change: 6.5%

Entry-Level Education: Bachelor's degree

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The decision to pursue a Philosophy degree at Augustana College is not just an academic choice; it's an investment in your future. Understanding the return on investment (ROI) of this degree can help prospective students make informed decisions about their education and career paths.

Augustana College offers a robust Philosophy program that equips students with critical thinking, analytical reasoning, and ethical decision-making skills. These competencies are highly valued in various fields, including law, education, business, and public service. Graduates often find themselves in demanding roles that require a deep understanding of complex issues, making them competitive in the job market.

When evaluating the ROI of a Philosophy degree from Augustana College, it’s essential to consider both short-term and long-term benefits. Graduates typically see an increase in earning potential compared to their peers who do not hold a degree. According to recent statistics, individuals with a bachelor's in Philosophy can earn a competitive salary, with many graduates reporting starting salaries that are above the national average.

Moreover, the skills cultivated through a Philosophy program are transferable across a wide range of industries. Employers often seek out graduates who can think critically and communicate effectively, making Philosophy majors attractive candidates for many roles. This versatility can lead to diverse career opportunities, from education and counseling to business management and technology.

Additionally, Augustana College’s strong alumni network provides valuable connections that can enhance job placement and career advancement. The college emphasizes experiential learning, enabling students to engage in internships and community service that further enrich their educational experience and employability.

In conclusion, choosing to earn a Philosophy degree from Augustana College is a strategic decision that can yield significant returns. With a focus on developing essential skills and a commitment to student success, Augustana prepares graduates for rewarding careers and lifelong learning. Investing in this degree means investing in a future filled with opportunities.

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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