Though there are several ways at which to approach a career in PR it would be a smart choice to look at some of the stats before hand so that you know exactly what to look for when applying for jobs or even for graduate schools.
Money Stats!
Median annual earnings for salaried public relations specialists were $43,830 in May 2004. The middle 50 percent earned between $32,970 and $59,360; the lowest 10 percent earned less than $25,750, and the top 10 percent earned more than $81,120. Median annual earnings in the industries employing the largest numbers of public relations specialists in May 2004 were:
|
Types Of PR |
Annual Earnings |
|
Advertising and related services |
$50,450 |
|
Management of Companies and Enterprises |
$47,330 |
|
Business, professional, labor, political, and similar organizations |
$45,400 |
|
Local Government |
$44,550 |
|
College, universities, and other professional schools |
$39,610 |
Essence Magazine Cost Analysis
Wilson Productions Cost of Living Analysis
Within my personal cost analysis I have evaluated some possible outcomes financially that I might run into. I evaluated the possible outcomes for Graduate School at Howard University's School of Communications (Washington DC), Wilson Public Relations in Seattle, WA, and Essence Magazine located in New York City. In my evaluations I considered money needed for rent, savings, food, car payments, etc. *NOTE* In the evaluation for Howard University I took into consideration paying back a loan. The money put into savings and the amount left under disposable income proved to be more than enough to pay back a $30,000 loan short of five years after graduation.* Also I considered possible outcomes for disposable income which will more than likely not be too disposable at all.