Statistics Degree from Missouri University of Science and Technology Return on Investment

See what the return on investment is for jobs that someone with a Statistics degree from Missouri University of Science and Technology is likely to work in.

F D C B A
Approximate Total Payment $109,928
Approximate Total Interest $31,113
Monthly Payment $763.39
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 missouri university of science and technology

Statisticians

Projection Rating: B

Median Annual Wage: $104,110

Percentage of Paycheck to Repay: 13.20%-9.82%

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: 8.48%-6.31%

Employment Change: 73.1%

Entry-Level Education: Bachelor's degree

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Investing in your education is one of the most significant decisions you'll make, and a Statistics Degree from Missouri University of Science and Technology (Missouri S&T) represents a smart investment in your future. With the increasing reliance on data in various industries, the demand for skilled statisticians is surging. Here’s a closer look at the return on investment (ROI) for pursuing a Statistics Degree from Missouri S&T.

One of the primary advantages of obtaining a Statistics Degree from Missouri S&T is the university's strong reputation and rigorous academic curriculum. Graduates of this program benefit from a comprehensive education that equips them with critical analytical skills and a solid foundation in statistical methodologies. This high-quality education translates into enhanced job prospects and earning potential.

According to recent labor statistics, professionals with a degree in statistics typically enjoy higher starting salaries compared to those with degrees in other fields. Graduates from Missouri S&T can expect competitive salaries, with many entering the workforce in roles such as data analyst, biostatistician, or market researcher. In fact, the average starting salary for statistics graduates from Missouri S&T exceeds the national average, making the financial investment worthwhile.

Moreover, the ROI of a Statistics Degree extends beyond mere salary. The skills acquired during the program are applicable across various sectors, including healthcare, finance, technology, and government. This versatility means that graduates have access to a wide range of career opportunities, further enhancing their earning potential over the long term.

Additionally, Missouri S&T offers valuable resources such as career services, internships, and networking opportunities that can significantly boost a graduate's employability. These resources help students gain practical experience and build connections in the industry, which can lead to higher-paying positions and career advancement.

In summary, pursuing a Statistics Degree from Missouri University of Science and Technology presents a compelling return on investment. With competitive starting salaries, diverse career opportunities, and the backing of a reputable institution, graduates are well-positioned to succeed in the data-driven job market. If you’re considering a degree that offers both promise and potential, a Statistics Degree from Missouri S&T is an excellent choice.

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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