Interior Design Degree from Michigan State University Return on Investment

See what the return on investment is for jobs that someone with a Interior Design degree from Michigan State University is likely to work in.

F D C B A
Approximate Total Payment $122,662
Approximate Total Interest $34,717
Monthly Payment $851.82
Assumed Loan Type Direct Subsidized
Assumed Repayment Plan Standard Fixed
Assumed Payoff Years 12
Assumed Scholarship Amount $0
Assumed Down Payment $0

Top job projections for graduates in interior design from michigan state university

Interior designers

Projection Rating: B-

Median Annual Wage: $62,510

Percentage of Paycheck to Repay: 16.35%-12.17%

Employment Change: 3.7%

Entry-Level Education: Bachelor's degree

Set and exhibit designers

Projection Rating: B-

Median Annual Wage: $59,490

Percentage of Paycheck to Repay: 17.18%-12.79%

Employment Change: 1.5%

Entry-Level Education: Bachelor's degree

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Investing in your education is one of the most significant decisions you can make for your future career, and pursuing an Interior Design Degree from Michigan State University (MSU) offers exceptional return on investment (ROI). With a robust curriculum that blends creativity and technical skills, MSU's program equips students with the knowledge and practical experience needed to thrive in the dynamic field of interior design.

One of the key factors contributing to the high ROI of an MSU Interior Design degree is the university's esteemed reputation and extensive alumni network. Graduates often find lucrative job opportunities in various sectors, including residential, commercial, and sustainable design. The strong connections forged during your time at MSU can lead to internships and job placements, positioning you advantageously in the competitive job market.

Additionally, the program emphasizes hands-on learning through studio courses, real-world projects, and collaborations with industry professionals. This experiential learning approach not only enhances your portfolio but also prepares you for the challenges and expectations of the interior design industry. Employers often seek candidates who can demonstrate practical experience along with theoretical knowledge, making MSU graduates highly desirable.

Financially, interior design careers have shown impressive growth, with many positions offering competitive salaries. According to the U.S. Bureau of Labor Statistics, the median annual wage for interior designers is significantly higher than the national average for all occupations. This earning potential, combined with the relatively low cost of living in Michigan, makes an MSU Interior Design degree a smart investment for students looking to maximize their financial returns.

In conclusion, an Interior Design Degree from Michigan State University not only prepares you for a rewarding career filled with creative opportunities but also offers a strong return on investment. With a blend of high-quality education, industry connections, and promising career prospects, choosing MSU for your interior design studies is a decision that can lead to both personal and professional fulfillment.

Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.

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