Funeral Service and Mortuary Science Degree from University of Minnesota – Twin Cities Return on Investment

See what the return on investment is for jobs that someone with a Funeral Service and Mortuary Science degree from University of Minnesota – Twin Cities is likely to work in.

F D C B A
Approximate Total Payment $123,812
Approximate Total Interest $35,043
Monthly Payment $859.80
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 funeral service and mortuary science from university of minnesota - twin cities

Funeral home managers

Projection Rating: B

Median Annual Wage: $75,660

Percentage of Paycheck to Repay: 13.64%-10.15%

Employment Change: 1.6%

Entry-Level Education: Associate's degree

Morticians, undertakers, and funeral arrangers

Projection Rating: C+

Median Annual Wage: $51,030

Percentage of Paycheck to Repay: 20.22%-15.04%

Employment Change: 0.9%

Entry-Level Education: Associate's degree

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When considering a career in the funeral service and mortuary science field, understanding the return on investment (ROI) of your education is crucial. The University of Minnesota – Twin Cities offers a comprehensive Funeral Service and Mortuary Science degree that not only prepares you for a rewarding profession but also positions you for financial success.

The ROI of a degree from the University of Minnesota – Twin Cities is compelling. Graduates benefit from a robust curriculum that combines practical training with theoretical knowledge, ensuring that students are well-equipped to navigate the complexities of the funeral industry. With a strong emphasis on ethics, business practices, and emotional support, the program prepares students to meet the diverse needs of families during difficult times.

Job placement rates for graduates from the University of Minnesota's program are notably high, reflecting the institution's strong reputation and the quality of its training. Many graduates find positions in established funeral homes, while others may choose to start their own businesses. The skills acquired through the program not only enhance employability but also contribute to a higher earning potential in the long run.

Furthermore, the University of Minnesota – Twin Cities provides extensive networking opportunities through partnerships with local and national funeral service organizations. These connections can lead to internships, mentorships, and job offers, significantly enhancing your career prospects and potential income.

In addition to the financial benefits, a degree in funeral service and mortuary science offers personal fulfillment. Helping families in their time of need is a noble profession that offers a sense of purpose and community engagement. As you consider your career path, the combination of financial ROI and personal satisfaction makes this degree a worthwhile investment.

In summary, pursuing a Funeral Service and Mortuary Science degree at the University of Minnesota – Twin Cities offers a strong return on investment, with high job placement rates, competitive salaries, and the opportunity to make a meaningful difference in people's lives. Choose a path that not only supports your financial goals but also fulfills your passion for serving others during their most vulnerable times.

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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