Economics Degree from Minnesota State University Moorhead Return on Investment

See what the return on investment is for jobs that someone with a Economics degree from Minnesota State University Moorhead is likely to work in.

F D C B A
Approximate Total Payment $94,204
Approximate Total Interest $26,663
Monthly Payment $654.19
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 economics from minnesota state university moorhead

Economists

Projection Rating: B+

Median Annual Wage: $115,730

Percentage of Paycheck to Repay: 10.17%-7.57%

Employment Change: 0.9%

Entry-Level Education: Master's degree

Market research analysts and marketing specialists

Projection Rating: B+

Median Annual Wage: $74,680

Percentage of Paycheck to Repay: 10.51%-7.82%

Employment Change: 74.9%

Entry-Level Education: Bachelor's degree

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If you're considering pursuing an Economics degree from Minnesota State University Moorhead (MSUM), understanding the return on investment (ROI) is crucial. An Economics degree not only equips you with essential analytical skills but also opens doors to a variety of lucrative career paths. Here’s a closer look at why investing in your education at MSUM is a smart financial decision.

One of the standout features of MSUM's Economics program is its focus on real-world applications. Students engage in hands-on learning experiences that prepare them to tackle complex economic issues. Graduates are well-prepared for positions in finance, government, and private industries, often commanding competitive salaries. According to recent data, graduates with an Economics degree can expect a significant salary increase compared to those with only a high school diploma.

The ROI of an Economics degree from MSUM is further enhanced by the university's strong connections with local businesses and government agencies. These partnerships provide students with valuable internship opportunities that not only enrich their educational experience but also improve their employment prospects post-graduation. Many students secure jobs before they even graduate, a testament to the program's effectiveness and the high demand for skilled economists in the job market.

In addition to solid job placement rates, MSUM offers affordable tuition rates compared to many other institutions. This affordability, combined with the potential for a high starting salary, makes the Economics degree an excellent investment. Graduates often find themselves in a position to pay off their student loans quickly, allowing them to reap the financial benefits of their education sooner.

Moreover, an Economics degree is versatile. The skills learned in this program—critical thinking, data analysis, and effective communication—are applicable in numerous fields. Whether you choose a career in public policy, finance, or education, the foundational knowledge gained at MSUM will serve you well throughout your career.

In conclusion, the return on investment for an Economics degree from Minnesota State University Moorhead is substantial. With a combination of quality education, practical experience, and strong job prospects, you’ll find that the benefits of your degree extend far beyond the classroom. Choose MSUM for your Economics degree and invest in a future filled with opportunities.

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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