History Degree from McDaniel College Return on Investment

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

F D C B A
Approximate Total Payment $362,842
Approximate Total Interest $102,697
Monthly Payment $2519.74
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 mcdaniel college

Historians

Projection Rating: F+

Median Annual Wage: $72,890

Percentage of Paycheck to Repay: 41.48%-30.87%

Employment Change: 0.2%

Entry-Level Education: Master's degree

Archivists

Projection Rating: F-

Median Annual Wage: $59,910

Percentage of Paycheck to Repay: 50.47%-37.55%

Employment Change: 0.7%

Entry-Level Education: Master's degree

Don't see the job you're looking for? Click here.

The pursuit of a History Degree from McDaniel College offers more than just a comprehensive understanding of past events; it provides a significant return on investment (ROI) that can shape your future career and financial stability. Choosing to study history at McDaniel means immersing yourself in a curriculum that promotes critical thinking, analytical skills, and effective communication, all of which are highly sought after in today’s workforce.

Graduates with a History Degree from McDaniel College often find themselves well-prepared for a diverse range of career paths. From education and public history to roles in government, law, and non-profit organizations, the skills acquired during your studies can open doors to numerous opportunities. Furthermore, the college’s strong alumni network and career support services enhance your chances of securing roles that align with your interests and aspirations.

In terms of financial ROI, data shows that history graduates can expect competitive salaries. According to national statistics, individuals with a bachelor’s degree in history earn significantly more over their lifetime compared to those with only a high school diploma. Graduates from McDaniel often report satisfaction in their career choices and the ability to pursue passions that contribute to societal and cultural understanding, adding intrinsic value to their educational investment.

Moreover, McDaniel College emphasizes experiential learning through internships, research projects, and study abroad opportunities. These experiences not only enrich your education but also enhance your resume, making you more attractive to potential employers. By choosing a History Degree from McDaniel, you are investing in a well-rounded education that pays dividends both professionally and personally.

In conclusion, the ROI of a History Degree from McDaniel College is multifaceted. With a strong academic foundation, valuable skill set, and ample career opportunities, graduates are well-equipped to navigate the complexities of the job market. Investing in your education at McDaniel College equips you with the tools necessary to succeed, making it a wise choice for aspiring historians and professionals alike.

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.

Get your personalized projection here!