Statistics Degree from Loyola University Chicago Return on Investment

See what the return on investment is for jobs that someone with a Statistics 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 statistics from loyola university chicago

Statisticians

Projection Rating: C-

Median Annual Wage: $104,110

Percentage of Paycheck to Repay: 29.64%-22.06%

Employment Change: 3.8%

Entry-Level Education: Master's degree

Data scientists

Projection Rating: B-

Median Annual Wage: $108,020

Percentage of Paycheck to Repay: 19.05%-14.17%

Employment Change: 73.1%

Entry-Level Education: Bachelor's degree

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The pursuit of a Statistics degree from Loyola University Chicago offers a promising return on investment (ROI) for students seeking a lucrative and fulfilling career in data analytics, finance, healthcare, and beyond. With the increasing demand for professionals skilled in statistical analysis, graduates from Loyola can expect a competitive edge in the job market.

According to recent studies, the average salary for statistics graduates significantly surpasses that of their peers in other fields. Alumni from Loyola University Chicago enjoy starting salaries that reflect their strong academic foundation and hands-on experience gained during their studies. The university's robust curriculum emphasizes practical applications of statistical methods, preparing students for real-world challenges.

Moreover, Loyola's extensive network of alumni and industry connections provides valuable opportunities for internships and job placements. These connections enhance the practical learning experience and often lead to job offers even before graduation, maximizing the ROI for students.

Additionally, the cost of attending Loyola University Chicago is competitive compared to other institutions offering similar programs. When combined with the potential earnings and career growth opportunities, students can see a clear pathway to recouping their educational investment relatively quickly.

In summary, pursuing a Statistics degree from Loyola University Chicago not only equips students with vital skills in data analysis and interpretation but also positions them for a successful career with a substantial return on investment. Whether aiming for roles in business, research, or public policy, graduates are well-prepared to thrive in a data-driven world.

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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