International/Global Studies at Albion College

Based on comparable International/Global Studies programs in Michigan, this field produces first-year earnings around $38,400—a figure that Albion's graduates would likely match given the state's concentrated market for these majors. The estimated $24,000 debt load creates a manageable 0.63 ratio, meaning students would owe roughly 63 cents for every dollar earned in year one. That's a reasonable burden compared to many liberal arts degrees, though it assumes Albion's actual outcomes mirror the state pattern rather than falling toward the lower end seen at programs like Western Michigan.

The challenge lies in what International Studies degrees typically translate to in the job market. This field rarely leads to specialized early-career positions with premium pay—the Michigan State and Albion-level earnings sit just above the national median of $32,800, while only Michigan's flagship breaks meaningfully higher at $44,400. You're essentially betting that your student will leverage the degree, Albion's alumni network, and internship connections to compete for entry-level positions in government, nonprofits, or international business that might otherwise go to economics or political science majors.

The key question: Can your student afford to borrow roughly the national average for this major while knowing that peer programs produce moderate, not exceptional, early returns? If they're passionate about global affairs and will actively build relevant experience through internships and language study, the debt seems manageable. If they're choosing this somewhat broadly, understand they'll start their career earning solidly—but not spectacularly—while managing a four-year loan.