Philosophy Degree from Northwestern University Return on Investment

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

F D C B A
Approximate Total Payment $317,853
Approximate Total Interest $89,963
Monthly Payment $2207.31
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 northwestern university

Philosophy and religion teachers, postsecondary

Projection Rating: F-

Median Annual Wage: $79,930

Percentage of Paycheck to Repay: 99.42%-73.97%

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: 44.96%-33.45%

Employment Change: 6.5%

Entry-Level Education: Bachelor's degree

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When considering a Philosophy Degree from Northwestern University, one of the key factors to evaluate is the return on investment (ROI). Northwestern is renowned for its rigorous academic programs and distinguished faculty, making it a premier choice for students interested in deepening their understanding of philosophical concepts while also preparing for diverse career paths.

The ROI of a Philosophy Degree extends beyond immediate financial gain. Graduates from Northwestern often find themselves equipped with critical thinking, analytical skills, and effective communication abilities, all of which are highly sought after in various industries. Employers value the unique perspectives that philosophy graduates bring, making them competitive candidates in fields such as law, education, business, and public policy.

Moreover, Northwestern's extensive alumni network and career services provide invaluable support in securing internships and job placements. The university's location in Evanston, Illinois, just outside Chicago, gives students access to numerous cultural institutions and professional opportunities, further enhancing the value of their degree.

In addition to potential career benefits, studying philosophy encourages personal growth and intellectual enrichment. Students engage with profound questions about ethics, existence, and human thought, fostering a well-rounded perspective that can enrich both personal and professional lives.

In conclusion, the return on investment for a Philosophy Degree from Northwestern University is significant, encompassing financial benefits, personal development, and career opportunities. By choosing Northwestern, students are not just investing in their education; they are investing in a future filled with possibilities and meaningful impact.

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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