Human Development and Family Studies Degree from Northern Michigan University Return on Investment

See what the return on investment is for jobs that someone with a Human Development and Family Studies degree from Northern Michigan University is likely to work in.

F D C B A
Approximate Total Payment $95,137
Approximate Total Interest $26,927
Monthly Payment $660.67
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 human development and family studies from northern michigan university

Marriage and family therapists

Projection Rating: C+

Median Annual Wage: $58,510

Percentage of Paycheck to Repay: 20.32%-15.12%

Employment Change: 12.3%

Entry-Level Education: Master's degree

Social and community service managers

Projection Rating: B+

Median Annual Wage: $77,030

Percentage of Paycheck to Repay: 10.29%-7.66%

Employment Change: 16.4%

Entry-Level Education: Bachelor's degree

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The Human Development and Family Studies Degree from Northern Michigan University (NMU) offers a unique blend of education and practical experience, making it a valuable investment in your future. With a focus on understanding the complexities of human relationships and family dynamics, this degree equips students with the skills needed to thrive in various professional settings.

One of the key factors in assessing the return on investment (ROI) of your degree is the potential for high earning power and job stability. Graduates from NMU's program are well-prepared for diverse career paths, including social work, counseling, education, and community service. According to recent data, professionals in these fields can expect competitive salaries, often exceeding national averages.

Moreover, NMU emphasizes hands-on learning and real-world applications through internships and community engagement. This practical experience not only enhances your resume but also provides valuable networking opportunities that can lead to employment after graduation. Employers often seek candidates with practical experience, giving NMU graduates a competitive edge in the job market.

Another aspect of ROI is the supportive learning environment at NMU. The faculty consists of experienced professionals dedicated to student success, offering personalized guidance and mentorship. This investment in student development contributes to higher graduation rates and better job placement outcomes.

Furthermore, NMU’s affordability makes the Human Development and Family Studies Degree an attractive option. With various financial aid opportunities, scholarships, and a reasonable tuition cost, students can minimize their debt while maximizing the value of their education.

In summary, pursuing a Human Development and Family Studies Degree from Northern Michigan University is not just an educational choice; it's a strategic investment in your future. With strong earning potential, practical experience, dedicated faculty support, and affordability, this degree offers a promising return on investment that can lead to a fulfilling career dedicated to improving the lives of individuals and families.

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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