Public Administration Degree from Texas Tech University Return on Investment

See what the return on investment is for jobs that someone with a Public Administration degree from Texas Tech University is likely to work in.

F D C B A
Approximate Total Payment $160,664
Approximate Total Interest $45,473
Monthly Payment $1115.72
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 public administration from texas tech university

Administrative services managers

Projection Rating: A-

Median Annual Wage: $106,470

Percentage of Paycheck to Repay: 8.38%-6.24%

Employment Change: 16%

Entry-Level Education: Bachelor's degree

Social and community service managers

Projection Rating: B+

Median Annual Wage: $77,030

Percentage of Paycheck to Repay: 11.59%-8.62%

Employment Change: 16.4%

Entry-Level Education: Bachelor's degree

Urban and regional planners

Projection Rating: B-

Median Annual Wage: $81,800

Percentage of Paycheck to Repay: 16.37%-12.18%

Employment Change: 2%

Entry-Level Education: Master's degree

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When considering a degree in Public Administration, one of the most crucial factors to evaluate is the return on investment (ROI). Texas Tech University offers a comprehensive Public Administration degree program that not only equips students with essential skills but also provides a solid foundation for a successful career in public service. In this article, we will explore the various aspects of ROI associated with pursuing a Public Administration degree from Texas Tech University.

First and foremost, the ROI of a degree can be assessed through potential earnings. Graduates of the Public Administration program at Texas Tech often find themselves in lucrative positions within government agencies, non-profit organizations, and private sector companies. The average salary for public administration professionals can vary widely based on experience and location, but many entry-level positions start at competitive rates, with significant growth potential as one advances in their career.

Furthermore, Texas Tech University is known for its strong connections with local and state government entities, providing students with valuable networking opportunities. This access can lead to internships and job placements that enhance career prospects and further increase ROI. The hands-on experience gained during these internships complements the academic knowledge acquired in the classroom, making graduates more attractive to employers.

Another critical aspect to consider is the quality of education provided by Texas Tech. The Public Administration program is designed to foster critical thinking, problem-solving, and leadership skills, all of which are essential in the public sector. Graduates leave the program well-prepared to tackle the complexities of public policy and administration, which can lead to faster career advancement and higher salaries.

Moreover, financial aid options and scholarships available at Texas Tech can significantly reduce the overall cost of obtaining a degree. By minimizing student debt, graduates can enjoy a better financial situation post-graduation, which directly contributes to a higher ROI. Additionally, the university's commitment to student success ensures that resources are available to help students navigate their career paths effectively.

In conclusion, pursuing a Public Administration degree from Texas Tech University presents a favorable return on investment. With competitive starting salaries, extensive networking opportunities, a strong educational foundation, and financial aid options, students can expect to see substantial long-term benefits from their investment in education. If you're considering a career in public service, Texas Tech's Public Administration program could be the perfect stepping stone towards a fulfilling and financially rewarding career.

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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