Medieval and Renaissance Studies Degree from University of Michigan – Ann Arbor Return on Investment

See what the return on investment is for jobs that someone with a Medieval and Renaissance Studies degree from University of Michigan – Ann Arbor is likely to work in.

F D C B A
Approximate Total Payment $197,760
Approximate Total Interest $55,973
Monthly Payment $1373.34
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 medieval and renaissance studies from university of michigan - ann arbor

Historians

Projection Rating: C

Median Annual Wage: $72,890

Percentage of Paycheck to Repay: 22.61%-16.82%

Employment Change: 0.2%

Entry-Level Education: Master's degree

Archivists

Projection Rating: C-

Median Annual Wage: $59,910

Percentage of Paycheck to Repay: 27.51%-20.47%

Employment Change: 0.7%

Entry-Level Education: Master's degree

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The University of Michigan – Ann Arbor offers a unique opportunity for students interested in exploring the rich tapestry of Medieval and Renaissance Studies. Pursuing a degree in this field not only enriches your understanding of historical cultures, literature, and art but also provides a significant return on investment (ROI) in today’s job market.

Graduates of the Medieval and Renaissance Studies program are equipped with critical thinking, analytical skills, and a deep appreciation for cultural heritage. These skills are highly sought after in various industries, including education, research, museum curation, and cultural preservation. As society increasingly values interdisciplinary studies, employers recognize the unique perspectives that graduates bring to their organizations.

Investing in a Medieval and Renaissance Studies degree at the University of Michigan can lead to diverse career paths. Alumni have successfully found roles in academia, where they contribute to scholarly research and education, as well as in the public sector, where they help shape cultural policies and initiatives. Additionally, many graduates go on to work in non-profit organizations, where they promote historical awareness and community engagement.

The University of Michigan’s strong network and reputation further enhance the ROI of this degree. Students benefit from access to internships, research opportunities, and career services that prepare them for the workforce. The university's commitment to fostering a vibrant intellectual community ensures that students are not only learning from esteemed faculty but also collaborating with peers who share similar passions.

In terms of financial investment, the University of Michigan provides competitive tuition rates and various financial aid options, making it an accessible choice for many students. The long-term benefits of a degree in Medieval and Renaissance Studies, coupled with the university’s resources, contribute to a favorable ROI, empowering graduates to make meaningful contributions to society while achieving personal and professional fulfillment.

In conclusion, a Medieval and Renaissance Studies degree from the University of Michigan – Ann Arbor is more than just an academic credential; it is a gateway to a fulfilling career that values history, culture, and critical inquiry. With the right skills and support, graduates can expect a strong return on their educational investment, setting them on a path to success in a variety of fields.

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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