Hotel Motel And Restaurant Management Degree from Broward College Return on Investment

See what the return on investment is for jobs that someone with a Hotel Motel And Restaurant Management degree from Broward College is likely to work in.

F D C B A
Approximate Total Payment $72,010
Approximate Total Interest $20,381
Monthly Payment $500.07
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 and restaurant management from broward college

Lodging managers

Projection Rating: A-

Median Annual Wage: $65,360

Percentage of Paycheck to Repay: 9.18%-6.83%

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: 9.52%-7.08%

Employment Change: 5.9%

Entry-Level Education: High school diploma or equivalent

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If you're considering a career in the hospitality industry, obtaining a Hotel, Motel, and Restaurant Management degree from Broward College is a strategic investment in your future. Not only does this program equip you with essential skills and knowledge, but it also offers an impressive return on investment (ROI) that can significantly enhance your career prospects.

Broward College's comprehensive curriculum covers critical areas such as operations management, customer service, and financial planning, ensuring that you are well-prepared to thrive in various hospitality roles. Graduates from this program often find themselves in high-demand positions in hotels, restaurants, and other hospitality venues, leading to competitive salaries and opportunities for advancement.

One of the key factors contributing to the strong ROI of this degree is the college's robust industry connections. Broward College has established partnerships with leading hospitality companies, providing students with valuable internship opportunities and networking advantages. These connections often lead to job placements shortly after graduation, minimizing the time and resources spent on job hunting.

Moreover, the hospitality industry is projected to grow significantly in the coming years, with a continuous demand for skilled professionals. By earning your degree from Broward College, you position yourself to capitalize on this growth, ultimately reaping the financial benefits associated with a successful career in hospitality.

In addition to the potential for lucrative salaries, the Hotel, Motel, and Restaurant Management degree instills essential leadership and management skills, preparing you for supervisory and managerial roles. This versatility allows graduates to explore various career paths within the industry, further enhancing the overall value of the degree.

In conclusion, investing in a Hotel, Motel, and Restaurant Management degree from Broward College not only provides a solid educational foundation but also promises a strong return on investment. With the combination of high industry demand, valuable networking opportunities, and a comprehensive skill set, you'll be well-equipped to embark on a rewarding career 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.

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