Secondary Education and Teaching Degree from Loyola University Chicago Return on Investment

See what the return on investment is for jobs that someone with a Secondary Education and Teaching degree from Loyola University Chicago is likely to work in.

F D C B A
Approximate Total Payment $246,897
Approximate Total Interest $69,880
Monthly Payment $1714.56
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 secondary education and teaching from loyola university chicago

Secondary school teachers, except special and career/technical education

Projection Rating: D+

Median Annual Wage: $65,220

Percentage of Paycheck to Repay: 31.55%-23.47%

Employment Change: -6.9%

Entry-Level Education: Bachelor's degree

Middle school teachers, except special and career/technical education

Projection Rating: D

Median Annual Wage: $64,290

Percentage of Paycheck to Repay: 32.00%-23.81%

Employment Change: -4.7%

Entry-Level Education: Bachelor's degree

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Investing in your education is a significant decision, and understanding the return on investment (ROI) of a Secondary Education and Teaching degree from Loyola University Chicago is crucial for prospective students. This degree not only equips you with essential teaching skills but also opens doors to a fulfilling career in education.

Loyola University Chicago is renowned for its commitment to academic excellence, social justice, and ethical leadership. Graduates of the Secondary Education program benefit from a robust curriculum that includes hands-on teaching experiences, mentorship opportunities, and access to a vast network of alumni working in various educational settings.

One of the key factors contributing to the ROI of a Secondary Education degree from Loyola is the high employability rate of its graduates. With a strong demand for qualified educators in both public and private schools, graduates often secure teaching positions shortly after completing their degree. Additionally, the program's focus on preparing teachers for diverse classrooms gives graduates a competitive edge in the job market.

Financially, the ROI is also favorable. According to recent studies, educators with a degree from Loyola can expect to earn a competitive salary, which increases with experience and additional qualifications. Furthermore, many states offer loan forgiveness programs for teachers working in high-need areas, which can significantly reduce student debt over time.

Moreover, Loyola's commitment to social justice and community engagement means that graduates are not only prepared to teach academic subjects but also to inspire and lead students in their personal and social development. This holistic approach enhances the overall impact of Loyola graduates in their communities, making them sought-after educators.

In summary, pursuing a Secondary Education and Teaching degree from Loyola University Chicago offers a promising return on investment. With a focus on quality education, strong job placement rates, and competitive salaries, this degree empowers you to make a difference in the lives of students while securing a stable and rewarding career in education.

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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