Language Interpretation and Translation Degree from University of Minnesota – Twin Cities Return on Investment

See what the return on investment is for jobs that someone with a Language Interpretation and Translation degree from University of Minnesota – Twin Cities is likely to work in.

F D C B A
Approximate Total Payment $371,435
Approximate Total Interest $105,129
Monthly Payment $2579.41
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 language interpretation and translation from university of minnesota - twin cities

Interpreters and translators

Projection Rating: B-

Median Annual Wage: $57,090

Percentage of Paycheck to Repay: 18.07%-13.45%

Employment Change: 1.8%

Entry-Level Education: Bachelor's degree

Foreign language and literature teachers, postsecondary

Projection Rating: D-

Median Annual Wage: $78,760

Percentage of Paycheck to Repay: 39.30%-29.24%

Employment Change: 0.3%

Entry-Level Education: Doctoral or professional degree

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The Language Interpretation and Translation Degree from the University of Minnesota – Twin Cities offers an exceptional return on investment for students seeking a fulfilling career in linguistics and communication. This program equips graduates with the essential skills and knowledge required to excel in various industries, including healthcare, legal services, and international business.

One of the primary benefits of obtaining this degree is the high demand for qualified interpreters and translators in today’s globalized world. The Bureau of Labor Statistics projects a significant increase in job opportunities in these fields, making this degree a valuable asset for career advancement. Graduates can expect competitive salaries, with many professionals earning an income that exceeds the national average.

Moreover, the University of Minnesota – Twin Cities is renowned for its comprehensive curriculum and experienced faculty, providing students with hands-on training and real-world experience. This not only enhances their employability but also prepares them to face the challenges of diverse communication environments.

Additionally, the program fosters networking opportunities through partnerships with various organizations and industry leaders. These connections can lead to internships and job placements, further enhancing the return on investment for graduates.

In summary, choosing the Language Interpretation and Translation Degree from the University of Minnesota – Twin Cities is a strategic decision for those looking to invest in their future. With a robust job market, competitive salaries, and invaluable training, students can expect a rewarding career that pays dividends for years to come.

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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