Human Resources Management, Personnel Administration Degree from Salem State University Return on Investment

See what the return on investment is for jobs that someone with a Human Resources Management, Personnel Administration degree from Salem State University is likely to work in.

F D C B A
Approximate Total Payment $103,302
Approximate Total Interest $29,238
Monthly Payment $717.37
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 resources management, personnel administration from salem state university

Human resources managers

Projection Rating: A-

Median Annual Wage: $136,350

Percentage of Paycheck to Repay: 6.31%-4.70%

Employment Change: 13.5%

Entry-Level Education: Bachelor's degree

Training and development specialists

Projection Rating: B

Median Annual Wage: $64,340

Percentage of Paycheck to Repay: 13.38%-9.96%

Employment Change: 48.5%

Entry-Level Education: Bachelor's degree

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Investing in your education is a crucial step towards a successful career, and earning a Human Resources Management, Personnel Administration Degree from Salem State University offers a significant return on investment (ROI). This degree equips you with essential skills and knowledge that are highly sought after in today's competitive job market.

With a specialized focus on human resources management, graduates gain expertise in recruitment, talent management, employee relations, and organizational development. Employers value candidates who possess a comprehensive understanding of personnel administration, making this degree a valuable asset in various industries.

The ROI of a degree from Salem State University extends beyond immediate employment opportunities. Graduates often experience higher earning potential compared to their peers without a degree. According to recent statistics, individuals with a degree in human resources management can expect to earn a significantly higher salary over their lifetime, with many landing management-level positions that offer lucrative compensation packages.

Moreover, Salem State University's strong connections with local businesses provide students with valuable internship opportunities and networking connections that can lead to job placements upon graduation. This real-world experience enhances your resume and sets you apart from the competition.

In addition to financial benefits, a degree in human resources management fosters personal growth and development. Students learn critical thinking, problem-solving, and communication skills that are essential in any professional setting. These competencies not only prepare graduates for immediate employment but also build a foundation for long-term career advancement.

Choosing to pursue a Human Resources Management, Personnel Administration Degree from Salem State University is not just an academic decision; it’s an investment in your future. With a strong ROI, extensive career opportunities, and personal growth potential, this degree is a strategic move for anyone looking to thrive in the human resources field.

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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