Statistics Degree from Auburn University Return on Investment
See what the return on investment is for jobs that someone with a Statistics degree from Auburn University is likely to work in.
Top job projections for graduates in statistics from auburn university
Statisticians
Projection Rating: B-
Median Annual Wage: $104,110
Percentage of Paycheck to Repay: 15.31%-11.39%
Employment Change: 3.8%
Entry-Level Education: Master's degree
Data scientists
Projection Rating: A-
Median Annual Wage: $108,020
Percentage of Paycheck to Repay: 9.84%-7.32%
Employment Change: 73.1%
Entry-Level Education: Bachelor's degree
When considering a Statistics Degree from Auburn University, one of the most crucial factors to evaluate is the return on investment (ROI). This degree offers students a unique opportunity to blend analytical skills with practical applications, leading to promising career prospects.
Auburn University's Statistics program is designed to equip students with essential skills in data analysis, probability, and statistical modeling. Graduates are prepared for a variety of roles in industries such as healthcare, finance, and technology, where data-driven decision-making is paramount.
The ROI for a Statistics Degree from Auburn is compelling. According to recent data, graduates can expect a significant salary boost upon entering the workforce. The average starting salary for statistics graduates is competitive, often exceeding $60,000 per year, with many professionals seeing substantial salary increases as they gain experience.
Moreover, the demand for skilled statisticians is on the rise. The Bureau of Labor Statistics projects that employment for statisticians and data scientists will grow by 35% from 2020 to 2030, much faster than the average for all occupations. This trend indicates that investing in a Statistics Degree from Auburn not only enhances earning potential but also provides job security in an evolving job market.
Auburn University also offers robust career services, including internship opportunities, networking events, and job placement assistance, which further enhances the ROI of its Statistics program. Engaging with industry professionals during your studies can lead to valuable connections and job opportunities post-graduation.
In summary, the Statistics Degree from Auburn University represents a smart investment for those looking to enter a dynamic and lucrative field. With strong earning potential, increasing job demand, and excellent support services, students can confidently pursue their passion for statistics while reaping the benefits of a solid educational investment.
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.