Sociology Degree from University of Memphis Return on Investment

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

F D C B A
Approximate Total Payment $108,385
Approximate Total Interest $30,677
Monthly Payment $752.67
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 sociology from university of memphis

Sociologists

Projection Rating: B

Median Annual Wage: $101,770

Percentage of Paycheck to Repay: 13.31%-9.91%

Employment Change: 0.2%

Entry-Level Education: Master's degree

Social and community service managers

Projection Rating: B+

Median Annual Wage: $77,030

Percentage of Paycheck to Repay: 11.73%-8.72%

Employment Change: 16.4%

Entry-Level Education: Bachelor's degree

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The Sociology Degree from the University of Memphis offers an impressive return on investment (ROI) for students looking to advance their education and career. With a robust curriculum that combines theoretical knowledge with practical applications, graduates are well-equipped to enter a variety of fields, from social work and community development to research and academia.

When considering the financial aspects of pursuing a degree, the University of Memphis stands out due to its affordable tuition rates compared to national averages. This affordability, paired with the university's strong reputation and extensive alumni network, significantly enhances the potential ROI for sociology graduates.

According to recent data, the average starting salary for graduates with a Sociology Degree from the University of Memphis is competitive, providing a solid foundation for financial stability. Additionally, many graduates go on to earn advanced degrees or certifications, further increasing their earning potential and career prospects.

Moreover, the skills acquired through the sociology program, such as critical thinking, research methodologies, and an understanding of social dynamics, are highly valued in various industries. This versatility makes sociology graduates attractive candidates in sectors such as healthcare, education, policy analysis, and non-profit organizations.

In conclusion, investing in a Sociology Degree from the University of Memphis not only enriches your knowledge and skill set but also offers a favorable return on investment that can lead to a fulfilling and financially rewarding career. Explore the opportunities that await you and take the first step towards a brighter future today!

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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