Philosophy Degree from Davidson College Return on Investment

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

F D C B A
Approximate Total Payment $289,763
Approximate Total Interest $82,013
Monthly Payment $2012.24
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 davidson college

Philosophy and religion teachers, postsecondary

Projection Rating: F-

Median Annual Wage: $79,930

Percentage of Paycheck to Repay: 90.63%-67.44%

Employment Change: 0.5%

Entry-Level Education: Doctoral or professional degree

Clergy

Projection Rating: F+

Median Annual Wage: $58,920

Percentage of Paycheck to Repay: 40.98%-30.49%

Employment Change: 6.5%

Entry-Level Education: Bachelor's degree

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When considering a Philosophy degree from Davidson College, one of the key factors prospective students evaluate is the return on investment (ROI). Davidson College is renowned for its rigorous academic programs and commitment to developing critical thinking skills, making its Philosophy degree a valuable asset in today’s competitive job market.

The ROI of a Philosophy degree extends beyond immediate financial benefits. Graduates from Davidson often find themselves well-prepared for a variety of careers, thanks to the program’s emphasis on analytical reasoning, ethical considerations, and effective communication. Employers across numerous sectors, including law, business, education, and public service, value these skills highly.

Additionally, Davidson College boasts a strong alumni network and career services that actively support students in securing internships and job placements. This network not only enhances job opportunities but also contributes to potential salary increases over time.

Statistical data highlights that individuals with a Philosophy degree tend to earn competitive salaries. According to recent studies, graduates from liberal arts institutions like Davidson report higher earning potential over their lifetimes compared to their peers in less versatile fields. The ability to think critically and approach problems from multiple perspectives is a distinct advantage in roles that require innovative solutions.

Furthermore, a Philosophy degree from Davidson fosters a lifelong love of learning and equips students with the tools to navigate the complexities of modern society. This intellectual foundation allows graduates to adapt to various career paths, making them resilient in the face of economic changes.

In conclusion, the return on investment for a Philosophy degree from Davidson College is significant, blending immediate career opportunities with long-term personal and professional growth. By choosing Davidson, students are not just investing in their education but also in a future filled with diverse possibilities and the skills necessary to thrive in any environment.

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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