Hospitality Administration, Management Degree from Moraine Valley Community College Return on Investment

See what the return on investment is for jobs that someone with a Hospitality Administration, Management degree from Moraine Valley Community College is likely to work in.

F D C B A
Approximate Total Payment $50,133
Approximate Total Interest $14,189
Monthly Payment $348.15
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 hospitality administration, management from moraine valley community college

Lodging managers

Projection Rating: A-

Median Annual Wage: $65,360

Percentage of Paycheck to Repay: 6.39%-4.76%

Employment Change: 5.3%

Entry-Level Education: High school diploma or equivalent

Food service managers

Projection Rating: A-

Median Annual Wage: $63,060

Percentage of Paycheck to Repay: 6.63%-4.93%

Employment Change: 5.9%

Entry-Level Education: High school diploma or equivalent

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When considering a degree in Hospitality Administration and Management from Moraine Valley Community College, understanding the return on investment (ROI) is crucial for prospective students. This program not only equips you with essential skills for a successful career in the hospitality industry but also offers tangible financial benefits.

Graduates of the Hospitality Administration program can expect to enter a rapidly growing field. The hospitality industry is one of the largest and most dynamic sectors, encompassing hotels, restaurants, event planning, and tourism. According to the U.S. Bureau of Labor Statistics, employment in this sector is projected to grow significantly, providing ample job opportunities for well-trained professionals.

Investing in your education at Moraine Valley Community College means you are not only gaining theoretical knowledge but also practical experience through hands-on training, internships, and networking opportunities. These experiences are designed to enhance your employability, enabling you to stand out in a competitive job market.

Furthermore, the cost of tuition at Moraine Valley is comparatively low, making it an affordable option for those seeking a quality education in hospitality management. With financial aid and scholarship opportunities available, students can minimize their educational debt while maximizing their earning potential post-graduation.

Upon completion of the program, graduates can expect competitive salaries that reflect their skills and training. Entry-level positions in hospitality management often offer salaries ranging from $40,000 to $60,000, with the potential for rapid advancement and increased earnings over time. Many graduates find themselves in management roles within a few years, significantly boosting their ROI.

Additionally, the networking connections you establish during your time at Moraine Valley can lead to job opportunities and career advancement. The college's partnerships with local businesses and industry leaders provide students with valuable insights and job leads, further enhancing their professional journey.

In conclusion, pursuing a Hospitality Administration and Management degree from Moraine Valley Community College is a wise investment. With a robust curriculum, practical experience, and strong job prospects, graduates are well-prepared to thrive in the hospitality industry, making the ROI of this program not only promising but substantial.

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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