Hotel/Motel Administration Degree from University of Memphis Return on Investment

See what the return on investment is for jobs that someone with a Hotel/Motel Administration degree from University of Memphis is likely to work in.

F D C B A
Approximate Total Payment $108,385
Approximate Total Interest $30,677
Monthly Payment $752.67
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 hotel/motel administration from university of memphis

Lodging managers

Projection Rating: B

Median Annual Wage: $65,360

Percentage of Paycheck to Repay: 13.82%-10.28%

Employment Change: 5.3%

Entry-Level Education: High school diploma or equivalent

Food service managers

Projection Rating: B

Median Annual Wage: $63,060

Percentage of Paycheck to Repay: 14.32%-10.66%

Employment Change: 5.9%

Entry-Level Education: High school diploma or equivalent

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The Hotel/Motel Administration Degree from the University of Memphis offers a compelling return on investment (ROI) for aspiring hospitality professionals. This comprehensive program equips students with the essential skills and knowledge needed to thrive in the dynamic world of hotel and motel management.

One of the primary advantages of pursuing a degree in Hotel/Motel Administration at the University of Memphis is the strong industry connections and networking opportunities provided. Students engage with seasoned professionals through internships and hands-on experiences, significantly enhancing their employability upon graduation.

Graduates of the program report high starting salaries and access to a wide range of career opportunities in the hospitality sector. The curriculum is designed to cover vital areas such as operations management, marketing strategies, and financial analysis, ensuring that students are well-prepared to meet the demands of the industry.

Additionally, the University of Memphis is strategically located in a vibrant city known for its rich cultural heritage and bustling tourism industry. This location not only enriches the learning experience but also opens doors to numerous job prospects in various hospitality establishments.

Investing in a Hotel/Motel Administration Degree from the University of Memphis is not just about gaining a qualification; it's about setting the foundation for a successful and rewarding career in hospitality. With a focus on practical learning and industry relevance, students can expect a solid return on their educational investment, both financially and professionally.

In summary, choosing the Hotel/Motel Administration Degree from the University of Memphis is a strategic decision for those looking to excel in the hospitality field. With robust support from faculty, real-world experiences, and a strong alumni network, graduates are well-equipped to achieve their career goals and enjoy a fruitful future in the hospitality industry.

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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