Public Administration Degree from University of Michigan – Dearborn Return on Investment

See what the return on investment is for jobs that someone with a Public Administration degree from University of Michigan – Dearborn is likely to work in.

F D C B A
Approximate Total Payment $134,392
Approximate Total Interest $38,037
Monthly Payment $933.28
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 public administration from university of michigan - dearborn

Administrative services managers

Projection Rating: A-

Median Annual Wage: $106,470

Percentage of Paycheck to Repay: 7.01%-5.22%

Employment Change: 16%

Entry-Level Education: Bachelor's degree

Social and community service managers

Projection Rating: A-

Median Annual Wage: $77,030

Percentage of Paycheck to Repay: 9.69%-7.21%

Employment Change: 16.4%

Entry-Level Education: Bachelor's degree

Urban and regional planners

Projection Rating: B

Median Annual Wage: $81,800

Percentage of Paycheck to Repay: 13.69%-10.19%

Employment Change: 2%

Entry-Level Education: Master's degree

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Investing in your education is one of the most significant decisions you can make for your future, and pursuing a Public Administration Degree from the University of Michigan – Dearborn is a choice that can yield substantial returns. This degree not only equips you with essential skills in management, policy analysis, and public finance but also positions you for a successful career in various sectors, including government, non-profit organizations, and private enterprises.

One of the key factors to consider when evaluating the return on investment (ROI) of a Public Administration degree is the potential salary increase. Graduates from the University of Michigan – Dearborn often find themselves in high-demand roles, with competitive salaries that reflect their advanced skills and knowledge. According to recent data, alumni in public administration roles can expect to earn significantly more than their peers with only a bachelor’s degree.

Moreover, the University of Michigan – Dearborn offers a robust alumni network and career services that enhance job placement opportunities, further increasing the ROI of your degree. The connections you make during your studies can lead to internships, job opportunities, and valuable mentorships that can propel your career forward.

Additionally, the program's focus on real-world application through internships and community projects means you will graduate not only with theoretical knowledge but also with practical experience that employers value. This hands-on approach ensures you are job-ready, giving you a competitive edge in the job market.

Financial aid options, scholarships, and flexible learning opportunities, such as online courses, make the Public Administration program accessible to a wide range of students. This increased accessibility means that you can pursue your degree without the burden of overwhelming student debt, thereby enhancing your overall ROI.

In conclusion, a Public Administration Degree from the University of Michigan – Dearborn is not just an academic credential; it is a strategic investment in your future. With high earning potential, extensive networking opportunities, and a curriculum designed for practicality, this degree can lead to a fulfilling career and a significant return on your investment.

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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