Philosophy Degree from University of Evansville Return on Investment

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

F D C B A
Approximate Total Payment $219,347
Approximate Total Interest $62,083
Monthly Payment $1523.24
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 university of evansville

Philosophy and religion teachers, postsecondary

Projection Rating: F-

Median Annual Wage: $79,930

Percentage of Paycheck to Repay: 68.61%-51.05%

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: 31.02%-23.08%

Employment Change: 6.5%

Entry-Level Education: Bachelor's degree

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Investing in a philosophy degree from the University of Evansville is not just an academic choice; it’s a strategic decision with substantial long-term benefits. Philosophy equips students with critical thinking, analytical reasoning, and effective communication skills, all of which are highly sought after in today’s job market.

One of the most compelling aspects of a philosophy degree is its versatility. Graduates find themselves well-prepared for a variety of careers, including law, education, business, and public policy. According to recent data, individuals with a philosophy degree often report higher earning potential compared to those with degrees in less versatile fields. The critical thinking skills honed through rigorous philosophical study enable graduates to tackle complex problems and excel in various professional environments.

Moreover, the University of Evansville offers unique opportunities for hands-on experience through internships and collaborative projects, further enhancing the return on investment. Students can engage with local communities, participate in research initiatives, and gain practical skills that bolster their employability after graduation.

Financially, the ROI of a philosophy degree can be impressive. While tuition fees and associated costs are important considerations, many graduates experience significant salary growth over time. With an increasing demand for professionals who can think critically and engage in ethical decision-making, philosophy graduates are well-positioned to succeed in competitive job markets.

In conclusion, pursuing a philosophy degree from the University of Evansville is not just an academic endeavor; it’s an investment in a brighter future. With a focus on developing transferable skills and providing real-world experience, the University prepares students to navigate the complexities of the modern workforce effectively. If you're seeking a degree that offers both intellectual enrichment and strong career prospects, a philosophy degree from the University of Evansville is an excellent choice.

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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