Philosophy Degree from Minnesota State University Moorhead Return on Investment

See what the return on investment is for jobs that someone with a Philosophy degree from Minnesota State University Moorhead is likely to work in.

F D C B A
Approximate Total Payment $94,204
Approximate Total Interest $26,663
Monthly Payment $654.19
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 philosophy from minnesota state university moorhead

Philosophy and religion teachers, postsecondary

Projection Rating: C-

Median Annual Wage: $79,930

Percentage of Paycheck to Repay: 29.46%-21.92%

Employment Change: 0.5%

Entry-Level Education: Doctoral or professional degree

Clergy

Projection Rating: B

Median Annual Wage: $58,920

Percentage of Paycheck to Repay: 13.32%-9.91%

Employment Change: 6.5%

Entry-Level Education: Bachelor's degree

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Investing in your education is a significant decision, and understanding the return on investment (ROI) for a Philosophy Degree from Minnesota State University Moorhead (MSUM) can help you make an informed choice about your future. A Philosophy degree offers more than just knowledge of philosophical concepts; it equips you with critical thinking, analytical reasoning, and effective communication skills that are highly valued in today’s job market.

At MSUM, the Philosophy program is designed to challenge students intellectually while providing practical skills applicable in various fields. Graduates often pursue careers in law, education, business, public policy, and more. The ability to think deeply and articulate complex ideas clearly sets MSUM Philosophy graduates apart from their peers, making them attractive candidates for employers.

Moreover, the ROI of a Philosophy degree extends beyond immediate employment. The skills acquired during your studies can lead to higher earning potential over your lifetime. According to recent studies, individuals with a liberal arts education, including Philosophy, tend to earn competitive salaries and have lower unemployment rates compared to graduates from other disciplines.

MSUM also offers opportunities for internships, networking, and mentorship, which further enhance the value of your degree. Engaging with faculty and industry professionals can provide insights into real-world applications of philosophical concepts, enriching your educational experience and expanding your career prospects.

In summary, a Philosophy Degree from Minnesota State University Moorhead not only cultivates essential life skills but also presents a strong return on investment through diverse career opportunities and long-term financial benefits. Choosing MSUM for your Philosophy education is an investment in your future that can yield significant rewards.

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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