Economics Degree from University of Michigan – Dearborn Return on Investment

See what the return on investment is for jobs that someone with a Economics 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 economics from university of michigan - dearborn

Economists

Projection Rating: A-

Median Annual Wage: $115,730

Percentage of Paycheck to Repay: 9.68%-7.20%

Employment Change: 0.9%

Entry-Level Education: Master's degree

Market research analysts and marketing specialists

Projection Rating: A-

Median Annual Wage: $74,680

Percentage of Paycheck to Repay: 10.00%-7.44%

Employment Change: 74.9%

Entry-Level Education: Bachelor's degree

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Investing in your future is crucial, and choosing the right degree can significantly impact your career trajectory and financial well-being. The Economics degree from the University of Michigan – Dearborn is designed to provide students with a comprehensive understanding of economic principles and their real-world applications. But what does this mean in terms of return on investment (ROI)?

With a strong emphasis on analytical skills and critical thinking, graduates of the Economics program are well-prepared for a variety of lucrative career paths. From government agencies to private sector corporations, the demand for skilled economists and analysts continues to grow. This demand translates to competitive salaries and job security, making the Economics degree from the University of Michigan – Dearborn a smart financial decision.

According to recent data, graduates from this program have reported average starting salaries that are significantly above the national average for bachelor’s degree holders. Furthermore, the skills acquired during the program, such as data analysis, statistical proficiency, and economic modeling, are highly sought after in today’s job market.

Additionally, the University of Michigan – Dearborn offers extensive resources for career development, including networking opportunities, internship placements, and access to a robust alumni network. These resources not only enhance the educational experience but also provide a valuable edge when entering the workforce.

In terms of ROI, the combination of a strong curriculum, supportive faculty, and a wealth of career resources ensures that your investment in an Economics degree will yield significant returns over time. As you climb the career ladder, the earning potential increases, providing a solid financial foundation for your future.

Ultimately, the Economics degree from the University of Michigan – Dearborn is more than just a qualification; it’s a strategic investment in your future. With its focus on practical skills and real-world application, students can expect not only to gain knowledge but also to enhance their employability and financial prospects in a competitive job market.

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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