Philosophy Degree from Ball State University Return on Investment

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

F D C B A
Approximate Total Payment $109,974
Approximate Total Interest $31,126
Monthly Payment $763.71
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 ball state university

Philosophy and religion teachers, postsecondary

Projection Rating: D

Median Annual Wage: $79,930

Percentage of Paycheck to Repay: 34.40%-25.59%

Employment Change: 0.5%

Entry-Level Education: Doctoral or professional degree

Clergy

Projection Rating: B-

Median Annual Wage: $58,920

Percentage of Paycheck to Repay: 15.55%-11.57%

Employment Change: 6.5%

Entry-Level Education: Bachelor's degree

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The decision to pursue a Philosophy Degree from Ball State University is not just an academic choice; it's an investment in your future. Understanding the return on investment (ROI) of your education is crucial for making informed decisions about your career path. A Philosophy Degree equips you with critical thinking skills, enhances your ability to analyze complex problems, and fosters effective communication—all highly sought-after skills in the job market.

Graduates from Ball State University have reported positive outcomes, with many finding rewarding careers in various fields such as education, law, business, and public service. The analytical skills honed during your studies allow you to tackle ethical dilemmas and engage in thoughtful discourse, making you a valuable asset in any organization.

Moreover, the ROI of a Philosophy Degree extends beyond immediate job prospects. It prepares you for lifelong learning and adaptability in an ever-changing job landscape. Employers increasingly value the ability to think critically and approach problems from multiple angles—a hallmark of a philosophy education.

Investing in your education at Ball State not only opens doors to diverse career opportunities but also enriches your personal development. The ability to reason effectively and articulate your thoughts clearly can enhance your decision-making processes both professionally and personally.

In summary, a Philosophy Degree from Ball State University offers a significant return on investment through skill development, career versatility, and personal growth. By choosing Ball State, you are not just earning a degree; you are building a foundation for a successful and fulfilling future.

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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