Philosophy Degree from University of Southern Maine Return on Investment

See what the return on investment is for jobs that someone with a Philosophy degree from University of Southern Maine is likely to work in.

F D C B A
Approximate Total Payment $111,366
Approximate Total Interest $31,520
Monthly Payment $773.37
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 university of southern maine

Philosophy and religion teachers, postsecondary

Projection Rating: D

Median Annual Wage: $79,930

Percentage of Paycheck to Repay: 34.83%-25.92%

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: 15.75%-11.72%

Employment Change: 6.5%

Entry-Level Education: Bachelor's degree

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The decision to pursue a philosophy degree from the University of Southern Maine (USM) is not just an academic choice; it's an investment in your future. Understanding the return on investment (ROI) of this degree can help you make an informed decision about your education and career path.

One of the most significant advantages of earning a philosophy degree from USM is the development of critical thinking, analytical reasoning, and effective communication skills. These competencies are highly valued by employers across various industries, including education, law, business, and public service. Graduates often find themselves well-prepared for diverse career opportunities, making the degree a versatile choice.

Financially, the ROI of a philosophy degree can be substantial. Graduates from USM report competitive salaries, especially when combined with advanced education or specialized training. According to recent data, alumni with a philosophy background can expect to earn an average salary that rivals or exceeds those in more specialized fields. This makes the initial investment in tuition and fees worthwhile, as the potential for career advancement and salary growth is significant.

Moreover, the philosophical skills acquired at USM extend beyond the classroom. Graduates are equipped to navigate complex ethical dilemmas and engage in thoughtful debates, qualities that are increasingly sought after in today's fast-paced job market. By fostering a mindset that encourages lifelong learning and adaptability, a philosophy degree positions you to thrive in various professional environments.

In addition to the financial benefits, the personal growth experienced during your studies at USM can be invaluable. Philosophy challenges you to think deeply about moral questions, societal issues, and the human experience, enriching your life and perspective. This holistic development not only enhances your employability but also contributes to a fulfilling personal journey.

In conclusion, pursuing a philosophy degree from the University of Southern Maine offers a promising return on investment. With its combination of valuable skills, competitive earning potential, and personal growth opportunities, this degree can be a powerful stepping stone to a successful and meaningful career. Take the first step towards a brighter future by exploring the philosophy program at USM today.

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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