History Degree from Amherst College Return on Investment

See what the return on investment is for jobs that someone with a History degree from Amherst College is likely to work in.

F D C B A
Approximate Total Payment $465,554
Approximate Total Interest $131,767
Monthly Payment $3233.01
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 history from amherst college

Historians

Projection Rating: F-

Median Annual Wage: $72,890

Percentage of Paycheck to Repay: 53.23%-39.60%

Employment Change: 0.2%

Entry-Level Education: Master's degree

Archivists

Projection Rating: F-

Median Annual Wage: $59,910

Percentage of Paycheck to Repay: 64.76%-48.19%

Employment Change: 0.7%

Entry-Level Education: Master's degree

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When considering a degree in history from Amherst College, understanding the return on investment (ROI) is crucial for prospective students. Amherst College, renowned for its rigorous academic programs, offers a history degree that not only enriches students intellectually but also provides substantial long-term benefits.

Graduates of Amherst's history program find themselves well-prepared for various career paths, including education, law, public policy, and business. The skills developed through the study of history—critical thinking, research, and analytical writing—are highly valued by employers across multiple industries. This versatility enhances the ROI for history majors, as they can pursue a range of fulfilling careers that offer competitive salaries.

Furthermore, the strong alumni network at Amherst College can provide invaluable connections and support, leading to job opportunities and mentorship that can significantly impact a graduate's career trajectory. According to recent data, history graduates from Amherst enjoy a high employment rate, with many securing positions within a year of graduation.

Financially, while the upfront cost of attending a prestigious institution like Amherst might seem daunting, the potential for higher lifetime earnings can outweigh these initial expenses. Graduates often see a substantial increase in their earning potential over time, making the history degree a worthwhile investment.

Additionally, Amherst College offers various financial aid options, scholarships, and grants to help alleviate the financial burden on students and their families. This commitment to accessibility ensures that students can focus on their studies and career goals without being overwhelmed by debt.

In conclusion, a history degree from Amherst College provides a strong return on investment through a combination of rigorous academic training, valuable skills development, a supportive alumni network, and promising career opportunities. For students passionate about history and seeking a bright future, the investment in an Amherst education can yield significant dividends in both personal and professional growth.

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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