Mathematics Degree from University of Michigan – Dearborn Return on Investment

See what the return on investment is for jobs that someone with a Mathematics degree from University of Michigan – Dearborn is likely to work in.

F D C B A
Approximate Total Payment $89,595
Approximate Total Interest $25,358
Monthly Payment $622.19
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 mathematics from university of michigan - dearborn

Mathematicians

Projection Rating: A-

Median Annual Wage: $116,440

Percentage of Paycheck to Repay: 9.62%-7.16%

Employment Change: 0.1%

Entry-Level Education: Master's degree

Operations research analysts

Projection Rating: A-

Median Annual Wage: $83,640

Percentage of Paycheck to Repay: 8.93%-6.64%

Employment Change: 28.3%

Entry-Level Education: Bachelor's degree

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The decision to pursue a Mathematics degree from the University of Michigan – Dearborn is not just an academic choice; it's a strategic investment in your future. The return on investment (ROI) for graduates in this field can be substantial, given the increasing demand for quantitative skills across various industries.

Graduates with a Mathematics degree from UM-Dearborn benefit from a robust curriculum that equips them with critical thinking, problem-solving, and analytical skills. These skills are highly sought after in sectors such as finance, technology, education, and engineering. As businesses and organizations continue to rely on data-driven decision-making, the need for qualified mathematicians is expected to grow.

According to recent employment statistics, alumni from the University of Michigan – Dearborn often secure positions with competitive starting salaries. Many graduates find roles in data analysis, actuarial science, and statistical research, which not only provide fulfilling careers but also offer significant salary potential. The university's strong connections with local industries and its commitment to student success further enhance job placement rates for its graduates.

Moreover, the University of Michigan – Dearborn offers a variety of resources to support students in their career pursuits, including internships, networking opportunities, and career counseling. These resources help maximize the ROI of a Mathematics degree by ensuring that students are well-prepared to enter the workforce upon graduation.

Investing in a Mathematics degree from UM-Dearborn means equipping yourself with the skills and knowledge necessary to thrive in the modern economy. With a strong foundation in mathematics, you can expect not only a rewarding educational experience but also a promising career path that offers financial stability and growth.

In conclusion, when considering the ROI of a Mathematics degree from the University of Michigan – Dearborn, it's clear that the combination of a respected education, valuable skill set, and strong employment prospects makes this program a smart choice for aspiring mathematicians.

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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