Statistics Degree from Montclair State University Return on Investment

See what the return on investment is for jobs that someone with a Statistics degree from Montclair State University is likely to work in.

F D C B A
Approximate Total Payment $123,307
Approximate Total Interest $34,900
Monthly Payment $856.30
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 montclair state university

Statisticians

Projection Rating: B

Median Annual Wage: $104,110

Percentage of Paycheck to Repay: 14.80%-11.02%

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: 9.51%-7.08%

Employment Change: 73.1%

Entry-Level Education: Bachelor's degree

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Investing in your education is a significant decision, and pursuing a Statistics Degree from Montclair State University offers a substantial return on investment (ROI). With the increasing demand for data analytics and statistical expertise across various industries, graduates from Montclair State are well-positioned for lucrative career opportunities.

According to recent statistics, professionals with a degree in statistics can earn a median salary significantly higher than those with only a high school diploma. Graduates from Montclair State University report an impressive employment rate, with many securing positions in high-demand fields such as healthcare, finance, technology, and government.

The curriculum at Montclair State is designed to equip students with practical skills in statistical analysis, data interpretation, and predictive modeling. This hands-on approach ensures that graduates are not only knowledgeable but also ready to tackle real-world challenges, making them attractive candidates to employers.

Moreover, the university's robust network of alumni and industry partnerships provides students with valuable internship and job placement opportunities. These connections enhance the overall ROI of a statistics degree, as many students gain relevant experience before they even graduate.

In addition to high starting salaries and strong job placement rates, pursuing a statistics degree at Montclair State University offers a pathway to career advancement. Many graduates find that their skills in data analysis lead to positions in management and specialized roles, further increasing their earning potential over time.

Consider the Statistics Degree from Montclair State University as not just an educational credential, but a strategic investment in your future. With a commitment to academic excellence and a focus on career readiness, Montclair State prepares you for success 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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