New York – Prodigy Finance, a leading provider of student loans for international postgraduate students, has unveiled a groundbreaking report showcasing the significant financial benefits of completing a master’s degree with their support. The study reveals that 95% of graduates see higher salaries post-graduation, with an impressive 74% of them reporting at least doubling their income. Remarkably, 43% of graduates have experienced a fourfold increase or more in their earnings.
Sonal Kapoor, Global Chief Commercial Officer at Prodigy Finance, expressed enthusiasm about these findings, stating, “We are thrilled to see the positive impact our funding has on our graduates’ careers. These impressive salary increases are a testament to the value of higher education and the opportunities it creates. At Prodigy, we are committed to removing financial barriers for high-potential students to access the world’s best education.”
Key Findings:
- 95% of Graduates See Higher Salaries: A vast majority of Prodigy Finance-funded graduates report increased earnings after completing their master’s degree.
- 74% Double Their Salaries: More than two-thirds of graduates at least double their salaries post-graduation.
- 43% Experience Fourfold Increases: A substantial portion of graduates witness a fourfold or greater increase in their salaries.
The study also highlighted salary increases by field of study, revealing that business graduates in the US saw an average salary rise of 51%, while engineering graduates experienced a 32% increase.
The Transformative Power of Higher Education
These findings underscore the transformative impact of higher education. Master’s programs provide students with advanced, specialized knowledge and skills in their chosen fields, opening doors to a broad spectrum of job opportunities in high-demand industries such as business, technology, healthcare, and engineering. For instance, MBA graduates in consulting, financial services, and technology command higher salaries due to the premium placed on their skills in these sectors.
Prodigy Finance has already empowered over 40,000 students to pursue their dreams of studying abroad by providing them with necessary financial support. By enabling access to many top-tier educational institutions, Prodigy Finance is playing a crucial role in helping students enhance their careers and improve their financial well-being.
