Classical, Ancient Mediterranean, and Near Eastern Studies and Archaeology Degree from University of Michigan – Ann Arbor Return on Investment

See what the return on investment is for jobs that someone with a Classical, Ancient Mediterranean, and Near Eastern Studies and Archaeology degree from University of Michigan – Ann Arbor is likely to work in.

F D C B A
Approximate Total Payment $197,760
Approximate Total Interest $55,973
Monthly Payment $1373.34
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 classical, ancient mediterranean, and near eastern studies and archaeology from university of michigan - ann arbor

Anthropologists and archeologists

Projection Rating: C-

Median Annual Wage: $63,800

Percentage of Paycheck to Repay: 25.83%-19.22%

Employment Change: 0.7%

Entry-Level Education: Master's degree

Museum technicians and conservators

Projection Rating: C

Median Annual Wage: $48,670

Percentage of Paycheck to Repay: 22.57%-16.80%

Employment Change: 1.6%

Entry-Level Education: Bachelor's degree

Archivists

Projection Rating: C-

Median Annual Wage: $59,910

Percentage of Paycheck to Repay: 27.51%-20.47%

Employment Change: 0.7%

Entry-Level Education: Master's degree

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Are you considering a degree in Classical, Ancient Mediterranean, and Near Eastern Studies and Archaeology from the University of Michigan – Ann Arbor? This program offers a unique blend of historical, cultural, and archaeological insights that can significantly impact your career trajectory and earning potential. Understanding the return on investment (ROI) of this degree is crucial for prospective students.

The University of Michigan is renowned for its robust academic programs and distinguished faculty, providing students with an unparalleled education in the humanities. Graduates of the Classical, Ancient Mediterranean, and Near Eastern Studies and Archaeology program gain critical thinking skills, research expertise, and a deep understanding of ancient civilizations that are highly valued in various sectors.

Here are some key factors to consider regarding the ROI of this degree:

  • Career Opportunities: Graduates can pursue diverse careers in education, museum curation, cultural resource management, archaeology, and historical preservation. The skills acquired during this program equip students for roles in both the public and private sectors.
  • Graduate School Preparedness: Many students go on to attend prestigious graduate programs in archaeology, history, anthropology, or law. The knowledge and skills developed during their undergraduate studies provide a solid foundation for advanced academic pursuits.
  • Networking and Resources: The University of Michigan boasts a vast alumni network and numerous resources, including internships and research opportunities, which can enhance employability and career advancement.
  • Potential Earnings: While specific salaries will vary based on career paths, graduates from this program often find themselves in competitive positions, with many roles offering attractive salaries in the humanities and related fields.

In conclusion, pursuing a degree in Classical, Ancient Mediterranean, and Near Eastern Studies and Archaeology from the University of Michigan – Ann Arbor is not only a journey through history but also a wise investment in your future. With a strong academic reputation, diverse career opportunities, and a supportive network, this program can provide a significant return on investment, both personally and professionally.

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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