Accounting Degree from Saint Michael’s College Return on Investment

See what the return on investment is for jobs that someone with a Accounting degree from Saint Michael’s College is likely to work in.

F D C B A
Approximate Total Payment $256,217
Approximate Total Interest $72,518
Monthly Payment $1779.28
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 accounting from saint michael's college

Accountants and auditors

Projection Rating: C-

Median Annual Wage: $79,880

Percentage of Paycheck to Repay: 26.73%-19.89%

Employment Change: 91.4%

Entry-Level Education: Bachelor's degree

Budget analysts

Projection Rating: C-

Median Annual Wage: $84,940

Percentage of Paycheck to Repay: 25.14%-18.70%

Employment Change: 2%

Entry-Level Education: Bachelor's degree

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Investing in your education is a significant decision, and pursuing an Accounting Degree from Saint Michael's College can offer an impressive return on investment (ROI). With a strong emphasis on both theoretical knowledge and practical application, this degree equips students with the skills necessary to thrive in the competitive field of accounting.

Saint Michael's College boasts a robust curriculum that covers essential topics such as financial accounting, managerial accounting, taxation, and auditing. Graduates are well-prepared for various accounting roles, from public accounting firms to corporate finance departments. The college's partnerships with local businesses and organizations provide students with valuable networking opportunities and internships that can lead to employment after graduation.

Additionally, the college's commitment to personalized education ensures that students receive individualized support from experienced faculty. This mentorship not only enhances learning but also helps students build connections in the industry, further increasing their job prospects and potential earnings.

According to recent data, graduates with an accounting degree from Saint Michael's College experience high job placement rates and competitive starting salaries. Many alumni have reported significant salary increases within just a few years of entering the workforce, demonstrating the long-term value of their degree.

Furthermore, the flexibility of the program allows for part-time study options, making it easier for students to balance work and education without sacrificing their financial stability. This adaptability contributes to a higher ROI, as students can gain work experience and earn income while completing their degree.

In conclusion, obtaining an Accounting Degree from Saint Michael's College not only provides a solid educational foundation but also offers a substantial return on investment. With strong job prospects, competitive salaries, and personalized support, graduates are well-positioned to succeed in their accounting careers.

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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