Statistics Degree from University of Maryland – College Park Return on Investment

See what the return on investment is for jobs that someone with a Statistics degree from University of Maryland – College Park is likely to work in.

F D C B A
Approximate Total Payment $117,291
Approximate Total Interest $33,197
Monthly Payment $814.52
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 university of maryland - college park

Statisticians

Projection Rating: B

Median Annual Wage: $104,110

Percentage of Paycheck to Repay: 14.08%-10.48%

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: 9.05%-6.73%

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 can make, and a Statistics Degree from the University of Maryland – College Park is a choice that promises substantial returns. With the increasing reliance on data-driven decision-making across industries, statistics graduates are in high demand, making this degree a smart investment for your future.

The University of Maryland’s Statistics program equips students with essential skills in data analysis, statistical modeling, and interpretation. Graduates emerge with a robust understanding of statistical theories and methodologies, preparing them for various roles in fields such as healthcare, finance, government, and technology.

According to recent surveys, individuals holding a Statistics degree can expect a competitive salary upon graduation. The average starting salary for statistics graduates from the University of Maryland is significantly higher than the national average for all bachelor’s degree holders. Over time, as you gain experience and advance in your career, the earning potential only increases, making this degree a lucrative long-term investment.

Additionally, the University of Maryland offers a vast network of alumni and industry connections, which can facilitate job placements and internships. This network, combined with the school’s reputation, enhances your employability and can lead to opportunities that further boost your return on investment.

Furthermore, the skills acquired through a Statistics degree are transferable and applicable in various sectors. This versatility not only widens your career options but also provides job security in an ever-evolving job market. Employers value the analytical skills and problem-solving abilities that statistics graduates bring to the table, making them attractive candidates for numerous positions.

In conclusion, a Statistics Degree from the University of Maryland – College Park offers an impressive return on investment. With strong earning potential, valuable skills, and excellent career prospects, this degree is an investment in your future that can yield dividends for years to come. Make the smart choice today and pave your way to a successful career in the dynamic field of statistics.

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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