History Degree from University of Michigan – Dearborn Return on Investment

See what the return on investment is for jobs that someone with a History degree from University of Michigan – Dearborn is likely to work in.

F D C B A
Approximate Total Payment $134,392
Approximate Total Interest $38,037
Monthly Payment $933.28
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 university of michigan - dearborn

Historians

Projection Rating: B-

Median Annual Wage: $72,890

Percentage of Paycheck to Repay: 15.36%-11.43%

Employment Change: 0.2%

Entry-Level Education: Master's degree

Archivists

Projection Rating: B-

Median Annual Wage: $59,910

Percentage of Paycheck to Repay: 18.69%-13.91%

Employment Change: 0.7%

Entry-Level Education: Master's degree

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When considering a History Degree from the University of Michigan - Dearborn, understanding the return on investment (ROI) is crucial for prospective students. This comprehensive program not only provides a robust foundation in historical knowledge but also equips graduates with essential skills that are highly valued in today’s job market.

Graduates of the History program at UM-Dearborn benefit from an interdisciplinary curriculum that fosters critical thinking, analytical writing, and effective communication. These skills are transferable across various career paths, making a History Degree a versatile choice. According to recent data, alumni have found successful careers in education, public history, government, non-profit organizations, and corporate sectors. This versatility enhances the ROI of the degree, as graduates can pursue diverse job opportunities.

Moreover, the University of Michigan - Dearborn has strong connections with local businesses and organizations, providing students with networking opportunities and internships that can lead to job placements post-graduation. The university’s commitment to experiential learning further enriches the educational experience, allowing students to apply their knowledge in real-world contexts. This practical experience is a significant factor in boosting employability and increasing earning potential.

Financially, the ROI of a History Degree from UM-Dearborn is compelling. With relatively low tuition rates compared to many private institutions, graduates can enter the workforce with less student debt. Additionally, the skills acquired through the program can lead to competitive salaries. According to the Bureau of Labor Statistics, careers in education, public policy, and historical preservation often provide stable job growth and competitive salaries.

In conclusion, pursuing a History Degree from the University of Michigan - Dearborn is not just an investment in education; it’s an investment in a versatile future. With a combination of quality education, practical experience, and strong post-graduation support, students can expect a favorable return on their investment. Explore the possibilities that await you with a History Degree from UM-Dearborn and embark on a rewarding career path today!

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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