Entrepreneurship, Entrepreneurial Studies Degree from Northern Michigan University Return on Investment

See what the return on investment is for jobs that someone with a Entrepreneurship, Entrepreneurial Studies degree from Northern Michigan University is likely to work in.

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Approximate Total Payment $95,137
Approximate Total Interest $26,927
Monthly Payment $660.67
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 entrepreneurship, entrepreneurial studies from northern michigan university

General and operations managers

Projection Rating: A-

Median Annual Wage: $101,280

Percentage of Paycheck to Repay: 7.83%-5.82%

Employment Change: 210.4%

Entry-Level Education: Bachelor's degree

Management analysts

Projection Rating: A-

Median Annual Wage: $99,410

Percentage of Paycheck to Repay: 7.98%-5.93%

Employment Change: 107.9%

Entry-Level Education: Bachelor's degree

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When considering the value of an Entrepreneurial Studies Degree from Northern Michigan University, understanding the return on investment (ROI) is essential for prospective students. This degree equips graduates with the necessary skills to navigate the complexities of starting and managing a business, making it a worthwhile investment for aspiring entrepreneurs.

The comprehensive curriculum combines theoretical knowledge with practical experience, ensuring that students are well-prepared to face real-world challenges. Courses in business management, finance, marketing, and innovation foster a well-rounded skill set that is highly sought after in today’s competitive job market.

According to recent surveys, graduates from Northern Michigan University have reported a significant increase in their earning potential post-graduation. Many alumni have successfully launched their own businesses or secured positions in reputable companies, highlighting the degree's effectiveness in enhancing career opportunities.

Moreover, the university offers networking opportunities through various entrepreneurship-focused events and workshops, connecting students with industry leaders and potential investors. These connections can prove invaluable as graduates seek to establish their own ventures or climb the corporate ladder.

Investing in an Entrepreneurial Studies Degree not only prepares students for immediate job placement but also fosters long-term career growth. With a strong emphasis on innovation and creativity, graduates are equipped to adapt to market changes and seize new opportunities, further maximizing their ROI.

In conclusion, pursuing an Entrepreneurial Studies Degree from Northern Michigan University presents a robust return on investment. With a solid educational foundation, supportive alumni network, and a dynamic approach to entrepreneurship, students can confidently embark on their business journeys, knowing they have made a smart investment in their future.

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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