9 Worst Professions to Pay Off Your Student Loans

This is a time when the true severity of the student debt crisis is being revealed, and when both Republicans and Democrats are scrambling to agree on legislation that can only keep the situation from worsening. Meanwhile, students burdened by the weight of loans are becoming more and more conscious of how much their degrees can afford them and what makes the most sense economically. While the saying once used to go something like, “Always shoot for your dreams,” it is now arguably morphing into something more toward, “Always shoot for something that has the biggest payoff.”

Bankrate.com published a return-on-investment report that details which jobs afford students the highest retribution when considering the time and money invested in undergraduate tuition, room and board, and possible graduate degrees. The company explains that it used the most-recent education cost data from the National Center for Education Statistics and occupational data from the U.S. Bureau of Labor Statistics. Costs for undergraduate education take into account tuition, fees, and room and board of a four-year, in-state, public school with no scholarships, while graduate degrees costs are based off of NCES data regarding tuition and fees for the specific area of study. It made its calculations based on an average loan interest payment of 6 percent. According to the report, here are the 9 worst professions students can choose to pay off their education loans.

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9. Political Science Teachers

Credit: http://www.flickr.com/photos/mgifford/

We begin with post-secondary political science teachers. The level of specialization may seem extreme, but it makes more sense when considering how different areas of teaching require different levels of schooling. To perform this level of teaching, students needs to invest in at least 6 years of undergraduate and graduate education, which will cost them about $68,010. Once they make their median pay of $72,170, they will need to make annual repayments of $7,217 based on the idea that 10 percent of their salary is going into repaying school loans. Lastly, this will take them about 14 years to pay off, assuming 6 percent student loan interest. Sound daunting enough for you? Hold on tight,  because unsurprisingly, the number of years one is indebted to the government will only go up as we make our way down the list.