History Degree from Minnesota State University Moorhead Return on Investment

See what the return on investment is for jobs that someone with a History degree from Minnesota State University Moorhead is likely to work in.

F D C B A
Approximate Total Payment $141,306
Approximate Total Interest $39,994
Monthly Payment $981.29
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 minnesota state university moorhead

Historians

Projection Rating: B-

Median Annual Wage: $72,890

Percentage of Paycheck to Repay: 16.16%-12.02%

Employment Change: 0.2%

Entry-Level Education: Master's degree

Archivists

Projection Rating: B-

Median Annual Wage: $59,910

Percentage of Paycheck to Repay: 19.66%-14.63%

Employment Change: 0.7%

Entry-Level Education: Master's degree

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Investing in your education is a critical decision, and understanding the return on investment (ROI) for a History Degree from Minnesota State University Moorhead (MSUM) can help you make an informed choice. A History Degree not only equips students with essential skills in research, analysis, and critical thinking but also opens doors to various career opportunities that can lead to a rewarding financial future.

Graduates with a History Degree from MSUM are well-prepared for diverse professions in education, government, law, public policy, and cultural institutions. The comprehensive curriculum emphasizes historical context, which is invaluable in roles such as teaching, museum curation, and archival work. Furthermore, the skills developed during the program—such as effective communication, problem-solving, and persuasive writing—are highly sought after in the job market.

According to recent statistics, the median salary for history graduates is competitive, with many entering the workforce at above-average starting salaries. Furthermore, MSUM’s strong career services and alumni network provide students with resources and connections that enhance job placement rates. This network not only aids in securing internships during your studies but also facilitates job opportunities post-graduation.

Additionally, Minnesota State University Moorhead offers affordable tuition rates compared to many private colleges, making the financial investment more manageable. With a solid return on investment, students can expect to earn back their educational expenses through higher lifetime earnings, especially when they pursue advanced degrees or specialized certifications after completing their History Degree.

In summary, choosing to pursue a History Degree from Minnesota State University Moorhead is not only a path to personal enrichment and intellectual growth but also a strategic investment in your future. With a blend of affordable education, supportive resources, and strong career prospects, MSUM stands out as an excellent choice for aspiring historians and professionals in various fields.

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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