Statistics Degree from Smith College Return on Investment

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

F D C B A
Approximate Total Payment $303,425
Approximate Total Interest $85,879
Monthly Payment $2107.12
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 smith college

Statisticians

Projection Rating: D-

Median Annual Wage: $104,110

Percentage of Paycheck to Repay: 36.43%-27.11%

Employment Change: 3.8%

Entry-Level Education: Master's degree

Data scientists

Projection Rating: C

Median Annual Wage: $108,020

Percentage of Paycheck to Repay: 23.41%-17.42%

Employment Change: 73.1%

Entry-Level Education: Bachelor's degree

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When considering a Statistics degree from Smith College, one of the most critical factors to evaluate is the return on investment (ROI). A Statistics degree not only equips students with essential analytical skills but also opens doors to a variety of lucrative career opportunities. Graduates from Smith College are well-prepared to enter fields such as data analysis, finance, healthcare, and market research, making them highly competitive in the job market.

According to recent studies, the average salary for statistics graduates in the United States can range from $60,000 to over $100,000, depending on the industry and role. Smith College's strong emphasis on liberal arts education combined with its rigorous statistics curriculum ensures that students graduate with a well-rounded skill set that employers value.

Furthermore, the alumni network at Smith College is robust and active, providing graduates with critical connections that can lead to internships and job opportunities. The college's career services also offer resources that help students navigate the job market effectively.

Investing in a Statistics degree from Smith College not only enhances your knowledge but also significantly increases your earning potential. With the demand for data-driven decision-making on the rise, graduates can expect a strong return on their educational investment, making this degree a wise choice for future success.

In summary, a Statistics degree from Smith College offers a compelling ROI through high salary potential, valuable skills, and a supportive network. By choosing this path, students are setting themselves up for a rewarding career in an ever-evolving job landscape.

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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