Automotive debt is at an all-time high with the average outstanding debt per auto loan at close to $33,000, about the cost of a nicely-equipped Chevy Malibu. However, there is no public outcry about the rising amount of automotive loan debt.
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The State of Michigan Budget requires that all institutions provide students with information about meningitis and vaccination against the disease.
Please find your institution's document here.
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Obtaining a 4-year degree is essential for long-term success in today's economy. The Independent Indicators issue from March 6, 2018 highlights the $18,000 annual average wage premium for those with a 4-degree compared to a 2-year degree in Michigan.
Do Michigan's students recognize this difference and select a more valuable degree?
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Higher education institutions in Michigan are run with varying levels of efficiency. One way to measure efficiency is calculating the number of students per full-time employee.
Comparing independent, non-profit colleges and universities in Michigan highlights that independent higher education institutions are able to run more efficiently than their public counterparts.
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Individuals with a bachelor's degree earn nearly twice as much as those with only a high school diploma and 50 percent more than individuals who have some college or an associate's degree. A bachelor's degree matters for earnings and Michigan's economy.
Earning a bachelor's degree is associated with higher earnings, economic security, health, and other positive outcomes. But how much greater is the typical income for those with a bachelor's degree compared to those who do not have one in Michigan?
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Many students do not go into a career related to their college major. Nationally, 48 percent of STEM-trained college grads go into a non-STEM career field.
Research studies have found that a bachelor's degree, in any area of study, is important for future earnings and career growth. Data shows that many college graduates go into a career field that is not directly related to their undergraduate major.
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