Applied Mathematics Degree from University of Michigan – Dearborn Return on Investment

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

F D C B A
Approximate Total Payment $89,595
Approximate Total Interest $25,358
Monthly Payment $622.19
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 applied mathematics from university of michigan - dearborn

Operations research analysts

Projection Rating: A-

Median Annual Wage: $83,640

Percentage of Paycheck to Repay: 8.93%-6.64%

Employment Change: 28.3%

Entry-Level Education: Bachelor's degree

Data scientists

Projection Rating: A-

Median Annual Wage: $108,020

Percentage of Paycheck to Repay: 6.91%-5.14%

Employment Change: 73.1%

Entry-Level Education: Bachelor's degree

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Investing in an Applied Mathematics Degree from the University of Michigan – Dearborn can yield significant returns, both academically and professionally. This program equips students with essential skills in problem-solving, analytical thinking, and quantitative reasoning, making graduates highly sought after in various industries.

One of the most compelling aspects of this degree is its alignment with the demands of today’s job market. Graduates with an Applied Mathematics background find lucrative careers in fields such as finance, technology, engineering, and data analysis. According to recent data, the average salary for entry-level positions in these areas can range from $60,000 to $80,000 annually, with the potential for growth as professionals gain experience.

The University of Michigan – Dearborn offers a comprehensive curriculum that emphasizes real-world applications of mathematical theories and methods. Through hands-on projects, internships, and collaboration with industry partners, students are well-prepared to tackle complex challenges in their careers. This practical experience not only enhances learning but also boosts employability, providing a clear edge in a competitive job market.

Additionally, the university’s strong alumni network opens doors to numerous job opportunities and professional connections. Many graduates have successfully transitioned into high-impact roles, demonstrating the value of the degree in fostering a successful career trajectory.

Furthermore, the cost of education at the University of Michigan – Dearborn is competitive, and with various financial aid options available, students can minimize their financial burden. With a solid return on investment, an Applied Mathematics Degree from this esteemed institution is not just an educational achievement; it’s a strategic move towards a prosperous future.

In conclusion, pursuing an Applied Mathematics Degree from the University of Michigan – Dearborn is a wise investment that pays off through valuable career opportunities, high earning potential, and a robust skill set that is applicable across numerous fields. Take the first step towards a rewarding career by exploring this dynamic program today!

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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