<p>$20K is less than the average UCF student’s debt at graduation. </p>
<p>The monthly payment on a $20K loan @6.8% for 10 years is $230.16, or $2762/year.
According to Payscale data, for Chicago alumni with no advanced degree, the average starting pay is $44,900; the UCF’s average is $39,500. The difference is nearly double the yearly loan payments.</p>
<p>Those are average starting salaries for all students. According to Payscale, the average starting salary for a CS major is $58,400. That is a national average. The admission (or career services) offices may be able to help you get information about jobs landed by CS majors at both schools. I’d expect Chicago’s CS majors to be getting more desirable offers, at higher salaries, than UCF’s CS majors.</p>