Labor and Industrial Relations Degree from University of Massachusetts – Amherst Return on Investment

See what the return on investment is for jobs that someone with a Labor and Industrial Relations degree from University of Massachusetts – Amherst is likely to work in.

F D C B A
Approximate Total Payment $132,163
Approximate Total Interest $37,407
Monthly Payment $917.80
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 labor and industrial relations from university of massachusetts - amherst

Labor relations specialists

Projection Rating: B

Median Annual Wage: $89,980

Percentage of Paycheck to Repay: 12.24%-9.11%

Employment Change: -0.2%

Entry-Level Education: Bachelor's degree

Human resources specialists

Projection Rating: B-

Median Annual Wage: $67,650

Percentage of Paycheck to Repay: 16.28%-12.11%

Employment Change: 74.2%

Entry-Level Education: Bachelor's degree

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The Labor and Industrial Relations degree from the University of Massachusetts Amherst offers students a unique opportunity to delve into the complexities of workforce dynamics and labor relations. As industries evolve and workforce needs change, the demand for skilled professionals in this field is growing. But what makes this degree a worthwhile investment? Let's explore the return on investment (ROI) for graduates of this program.

One of the key factors contributing to the ROI of a Labor and Industrial Relations degree is the comprehensive curriculum that combines theoretical knowledge with practical application. Students gain insights into labor laws, negotiation tactics, conflict resolution, and human resource management, equipping them with the skills necessary to excel in various roles. This strong foundation opens doors to high-demand positions in human resources, labor relations, and organizational development.

Moreover, graduates from UMass Amherst benefit from a robust alumni network and strong connections with employers in the region and beyond. Many alumni have successfully secured positions in reputable organizations, translating their education into lucrative careers. The university's career services also play a vital role in helping students find internships and job placements, further enhancing their employment prospects.

Financially, the ROI of earning a Labor and Industrial Relations degree is significant. According to recent statistics, graduates can expect to earn competitive salaries, often exceeding the average starting salary for many other fields. Furthermore, as professionals gain experience, their earning potential typically increases, providing a solid financial foundation for years to come.

The UMass Amherst Labor and Industrial Relations program also emphasizes experiential learning opportunities, such as internships and cooperative education. These hands-on experiences not only enrich students' understanding of real-world applications but also make them more attractive to potential employers, further enhancing their career prospects and financial returns.

In conclusion, pursuing a Labor and Industrial Relations degree from the University of Massachusetts Amherst is a strategic investment in your future. With a comprehensive curriculum, strong alumni network, and promising career opportunities, graduates can expect a favorable return on their investment, both personally and financially. If you're considering a career that bridges the gap between management and labor, this degree may be the perfect path for you.

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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