Los Angeles, CA (PRWEB) June 10, 2013
College graduates out-earn those with high school diplomas by $1 million over the course of a lifetime.
But college is expensive, and in order to understand the true cost of a degree, a degree’s return on investment (ROI) should be evaluated.
Loans.org researched to see which career paths give the highest and lowest return on investment for a student loan borrower. The average cost of both public and private universities was calculated with the median income for a person in each specific field.
For example, a high school teacher that chose a public university for their undergraduate degree can expect a 72.9 percent ROI. If the same borrower went to a private university, the ROI would drop to 38.1 percent.
A degree in chemical engineering offers a high ROI. A public university can provide an average ROI of 119.9 percent, while a private university can offer a 62.6 percent ROI.
Other career paths such as a social worker, lawyer, or graphic designer can be found on the full infographic.
For more information on student loans, please visit http://loans.org/student.
Loans.org is a leading lending authority website that covers financial news, produces informative articles, and answers frequently asked questions. In addition to providing lending-related information, loans.org also hosts a variety of free online application forms for prospective borrowers to use when applying for loans.
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