Hospitality Administration, Management Degree from Howard University Return on Investment
See what the return on investment is for jobs that someone with a Hospitality Administration, Management degree from Howard University is likely to work in.
Top job projections for graduates in hospitality administration, management from howard university
Lodging managers
Projection Rating: C-
Median Annual Wage: $65,360
Percentage of Paycheck to Repay: 26.78%-19.92%
Employment Change: 5.3%
Entry-Level Education: High school diploma or equivalent
Food service managers
Projection Rating: C-
Median Annual Wage: $63,060
Percentage of Paycheck to Repay: 27.75%-20.65%
Employment Change: 5.9%
Entry-Level Education: High school diploma or equivalent
The Hospitality Administration, Management Degree from Howard University is not just an educational credential; it is a strategic investment in your future. With the hospitality industry booming, graduates are poised to step into roles that offer both personal fulfillment and financial rewards. But what is the return on investment (ROI) for pursuing this degree?
Firstly, the program equips students with essential skills in management, operations, and customer service, making graduates highly sought after by employers. Howard University's strong network of industry connections and alumni means that students often secure internships and job placements that can lead to lucrative careers in hotels, restaurants, and event management.
According to recent data, graduates with a degree in Hospitality Administration from Howard University can expect to earn competitive salaries, with many entry-level positions starting in the range of $50,000 to $60,000 annually. As you gain experience, this figure can quickly rise, with mid-career professionals earning upwards of $80,000 to $100,000.
Moreover, the degree offers flexibility in career paths. Graduates can choose to specialize in areas such as hotel management, food and beverage services, or event planning, each with its own potential for growth and advancement. This versatility further enhances the long-term ROI of the degree.
In addition, the experiential learning opportunities provided through Howard University's program—such as internships, study abroad options, and hands-on projects—enable students to build a robust resume before they even graduate. This practical experience is invaluable in today’s job market, where employers are looking for candidates who can demonstrate real-world skills.
Investing in a Hospitality Administration, Management Degree from Howard University is more than just an academic pursuit; it’s a gateway to a rewarding career in a vibrant and dynamic industry. With a strong ROI, a diverse range of career opportunities, and a supportive alumni network, this degree can set the foundation for a successful future in hospitality.
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.