Determine your future earnings
Does your financial plan include a realistic idea of the salary you will be earning after college? Log on to the Missouri Connections website to get a feel for the type of salary it will take to live the life you’re planning. You can find both state and national salary averages for a number of professions under the “Occupational Profiles”. There are a variety of repayment plans available so you can choose the one that fits your budget. When considering repayment plans, use the loan repayment estimator to help you choose the one that is best for you.
As you begin making long-range goals for your future and your finances, it might be helpful to take a look at some Missouri averages. Review the salary information for Missouri’s Fastest Growing Occupations as well as the number of openings for that occupation. These are not necessarily the top employing professions, just the ones currently with the fastest projected growth rates.
Looking ahead at this information will help you develop reasonable expectations about your future income so that you can make practical financial choices for years to come.