Statistics Degree from Northern Illinois University Return on Investment

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

F D C B A
Approximate Total Payment $140,998
Approximate Total Interest $39,907
Monthly Payment $979.16
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 northern illinois university

Statisticians

Projection Rating: B-

Median Annual Wage: $104,110

Percentage of Paycheck to Repay: 16.93%-12.60%

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: 10.88%-8.09%

Employment Change: 73.1%

Entry-Level Education: Bachelor's degree

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Investing in your education is a significant decision, and understanding the return on investment (ROI) of a Statistics degree from Northern Illinois University (NIU) can help you make an informed choice. NIU’s Statistics program equips students with the analytical skills and quantitative reasoning necessary to excel in various industries, including finance, healthcare, and technology.

According to recent data, graduates with a Statistics degree from NIU have seen a substantial increase in their earning potential. Alumni report an average starting salary that is competitive within the market, with many professionals advancing quickly in their careers. The demand for skilled statisticians continues to rise, driven by the need for data-driven decision-making in businesses and organizations.

NIU’s comprehensive curriculum not only covers essential statistical theories but also emphasizes practical applications through hands-on projects and internships. This real-world experience enhances your resume and prepares you for the challenges of the workforce. Moreover, NIU’s strong network of alumni and industry connections can open doors to job opportunities that further enhance your ROI.

When considering the ROI of a Statistics degree from NIU, it’s essential to factor in both the immediate financial benefits and the long-term career growth potential. Graduates often find themselves in high-demand roles, with opportunities for advancement and specialization that can lead to higher salaries over time. With the growing reliance on data analytics across all sectors, a Statistics degree from NIU is not just an educational milestone but a strategic investment in your future.

In conclusion, pursuing a Statistics degree at Northern Illinois University offers a promising return on investment. With competitive salaries, a robust educational foundation, and valuable career opportunities, NIU prepares its graduates to thrive in a data-driven world. If you're ready to take the next step in your educational journey and maximize your ROI, consider enrolling in NIU’s Statistics program 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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