Small Business Administration Degree from North Central College Return on Investment

See what the return on investment is for jobs that someone with a Small Business Administration degree from North Central College is likely to work in.

F D C B A
Approximate Total Payment $219,660
Approximate Total Interest $62,171
Monthly Payment $1525.42
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 small business administration from north central college

General and operations managers

Projection Rating: B-

Median Annual Wage: $101,280

Percentage of Paycheck to Repay: 18.07%-13.45%

Employment Change: 210.4%

Entry-Level Education: Bachelor's degree

Management analysts

Projection Rating: B-

Median Annual Wage: $99,410

Percentage of Paycheck to Repay: 18.41%-13.70%

Employment Change: 107.9%

Entry-Level Education: Bachelor's degree

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Investing in your education can yield significant returns, especially when pursuing a Small Business Administration (SBA) degree from North Central College. This degree equips you with the essential skills and knowledge necessary for navigating the complexities of the business world. But what does the return on investment (ROI) look like for graduates from this program?

North Central College offers a comprehensive SBA curriculum that blends theoretical knowledge with practical applications, ensuring that students are well-prepared for the workforce. Graduates leave with a strong command of business principles, financial management, marketing strategies, and leadership skills, making them highly attractive to employers.

According to recent data, graduates with a Small Business Administration degree can expect to see a significant increase in their earning potential. The average salary for SBA graduates often surpasses that of their peers with only a high school diploma or unrelated degrees. This increase in salary typically leads to a rapid ROI on educational expenses, often recouped within just a few years of entering the workforce.

Additionally, North Central College's strong network of alumni and connections within the business community provides students with valuable internship and job placement opportunities. These connections can further enhance career prospects and potential earnings, solidifying the ROI for graduates.

Beyond financial returns, obtaining an SBA degree from North Central College also fosters personal growth and professional development. The skills gained through this program prepare individuals to tackle challenges, innovate, and lead in various business environments. This holistic development

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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