Labor and Industrial Relations Degree from Wayne State University Return on Investment

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

F D C B A
Approximate Total Payment $106,010
Approximate Total Interest $30,004
Monthly Payment $736.18
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 wayne state university

Labor relations specialists

Projection Rating: A-

Median Annual Wage: $89,980

Percentage of Paycheck to Repay: 9.82%-7.31%

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: 13.06%-9.72%

Employment Change: 74.2%

Entry-Level Education: Bachelor's degree

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The Labor and Industrial Relations degree from Wayne State University offers a significant return on investment for students aiming to excel in the dynamic fields of labor relations and human resources. With a comprehensive curriculum designed to equip graduates with essential skills and knowledge, this degree prepares students for high-demand roles in both public and private sectors.

One of the key benefits of pursuing this degree is the strong employment outlook. Graduates often find lucrative job opportunities in areas such as labor management, dispute resolution, and organizational development. According to industry reports, professionals in labor relations and human resources can expect competitive starting salaries, which often outpace those of other disciplines.

Moreover, Wayne State University’s extensive alumni network provides invaluable connections that can enhance job placement rates. Employers frequently seek candidates from reputable institutions, and Wayne State’s commitment to academic excellence ensures that graduates are well-prepared to meet the challenges of the workforce.

In addition to strong job prospects, students benefit from hands-on experiences through internships and cooperative education programs. These opportunities not only bolster resumes but also allow students to apply theoretical knowledge in real-world settings, further enhancing their employability post-graduation.

Furthermore, the program's focus on the evolving landscape of labor relations, including the impact of technology and globalization, ensures that graduates are equipped with relevant skills that meet current market demands. This adaptability is crucial for long-term career growth and stability.

In summary, investing in a Labor and Industrial Relations degree from Wayne State University translates into a promising return on investment. With a robust job market, a supportive alumni network, and a curriculum that aligns with industry needs, graduates are poised for success in their careers.

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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