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Affording Student Loan Payments And Post Graduation Salary
Can I afford to attend Baker College Center for Graduate Studies? In the end, the answer comes down a determination if you will earn enough to comfortably pay back a student loan with your post graduation salary. This is an extremely important point to consider. In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you’re considering attending Baker College Center for Graduate Studies, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.
Using the 10% of salary threshold, an annual income of $79,663.22 would be needed to afforda $663.86 monthly payment in the example $66,408.00 loan modeled above. You will need to determine if it is at all realistic that you will be earning this type of salary after graduation. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.
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Estimated Future Cost And Expected Tuition Increase
What will it cost to send your child to Baker College Center for Graduate Studies in the future? Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc’s estimates how much you could expect to pay for a 4 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current 4 year cost of $79,200.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for Baker College Center for Graduate Studies.
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College Cost Analysis.
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- All school data is sourced from the U.S. Department of Education IPEDS Surveys for school years 2020-2021 and 2019-2020 and is in the public domain. Site data was last updated in February 2022 This site is not affiliated with or endorsed by the U.S. Department of Education. We believe the content represented on this website to be correct yet make no guarantee to its accuracy. CollegeCalc.org has no direct affiliation with the schools presented on this website and the school names are the property of their respective trademark owners.
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Cost Per Credit Hour And Cost For A Class
Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at Baker College Center for Graduate Studies are as follows. Per credit costs are for reference only as many schools will not allow students to pay by credit hour.
| Price per credit hour |
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Baker College Center For Graduate Studies Act Scores
ACT Requirements & Average ACT Score
ACT Range
| ACT Test |
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| ACT Test |
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ACT scores are not required for admission consideration at Baker College Center for Graduate Studies.
Explore Baker College Center for Graduate Studies
Pell Grants And Other Grant Aid
100% of Baker College Center for Graduate Studies students received grant aid in 2019/2020. The average total aid amount was $2,350. 100 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2019/2020 was $1,850. To apply for a Pell Grant to attend Baker College Center for Graduate Studies, the first step is to fill out the Free Application for Federal Student Aid .
| Financial Aid Summary |
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| 24.2% less expensive |
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Estimated 4 Year Cost At Published Tuition
At the current published rates, an estimated total tuition, fees and living expense price for a 4 year bachelor’s degree at Baker College Center for Graduate Studies is $79,200 for students graduating in normal time. This methodology for estimating the 4 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you’re in school. It also assumes you receive no grant or scholarship aid and pay the full list price.
A potentially more accurate but less conservative estimate of a degree cost can be made by using the school’s annual $16,602 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $66,408**
If you end up on the “five year plan” and need an additional year to graduate, your five year cost could be as high as $99,000 or $83,010 using an average net price.
**Based on a 4 year multiple of Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education’s 2019/2020 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school’s net price calculator for further understanding of your potential net price.
Locations And Enrollment Options
Location: Baker College of Royal OakMaster of Occupational Therapy. OnlineAll other DBA, MBA, and MS degree programs
Full- and part-time and online enrollment options are available.
Online options: Except for the Master of Science in Occupation Therapy , all graduate degree programs are 100% online. The MSOT program is available at the Baker College of Royal Oak campus.
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Baker College Center For Graduate Studies
Flint, Michigan
| Location |
| Size | |
| Level of Study | Undergrad/Graduate |
Located in Flint, Michigan, Baker College Center for Graduate Studies is a small four year private college offering both undergrad and graduate programs.Baker College Center for Graduate Studies has an open admission policy which permits enrollment by any high school graduate or GED holding student. 2,666 students are enrolled on a full time basis, and 3,549 attend part time. In-state for 2020/2021, excluding room and board, is $10,800 plus fees of $0.
Explore Baker College Center for Graduate Studies
| Fee | |
|---|---|
| Estimated Off Campus Cost of Living | $7,200 |
Average Salary After 10 Years
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Primary data source, U.S. Department of Education IPEDS survey data for Baker College Center for Graduate Studies.
Current students may use to determine their current college GPA.
Public domain college data is sourced from the U.S. Department of Education National Center for Education Statistics survey for academic years 2021/2022 and 2019/2020. This website is not affiliated with or endorsed by the U.S. Department of Education.
2022-10-09 23:04:10 – desktop – s:115ms j:31ms t:146ms hit:true
National Collegiate Cyber Defense Competition
Baker College won the National Collegiate Cyber Defense Competition: 2008, 2009. Baker College won the Michigan Collegiate Cyber Defense Network state championships in: 2007, 2009, 2010, 2012, 2014, 2015, 2016, 2017, 2018., 2020, 2021, and 2022. They won the Michigan Collegiate Cyber Defense Network Cyber Wars championship: 2012. In 2019, Baker College was included in the Michigan Collegiate Cyber Defense Network Hall of Fame for being the only educational institution in the United States to win the national championship twice as well as for first and second place in multiple cyber defense competitions.
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Example Loan Payments And Costs
How much are student loan payments for Baker College Center for Graduate Studies? Obviously this varies based on a number of factors – offsetting financial aid you receive, percentage of fee you pay upfront while enrolled and the interest rate on your loans. We’ve modeled a sample student loan based on current Stafford loan rates to give you an approximate idea.
The following are the costs for a loan if you borrowed $66,408, 100% of the estimated average net price for a four year program and paid nothing while enrolled. The total of all payments including interest would sum $79,663.22. This could be your effective total out of pocket cost of an education at Baker College Center for Graduate Studies. Note that this calculation assumes you don’t pay full list price tuition, are part of the reported 100% of students at this school who receive financial aid and you are paying an average annual net price of $16,602. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Baker College Center for Graduate Studies student loan calculator below to change loan assumptions and recalculate.
Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.
| Example Payments | |
|---|---|
| Sum of All Payments over 10 years | $79,663.22 |
Chances Of Getting Into Baker College Center For Graduate Studies
Open Admission Policy
Can I get into Baker College Center for Graduate Studies? Baker College Center for Graduate Studies is an open admission policy institution. Open admission colleges typically have few admission thresholds and will admit all applicants so long as certain minimum requirements are met. New admission is often granted continually throughout the year. Please consult Baker College Center for Graduate Studies directly to learn the specifics of its open admission policy.
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Student Loans And Debt
The second consideration after understanding the cost of college is determining how to finance it. Some students are fortunate enough to have some form of family financial assistance, but student loans end up financing a significant portion of higher education in the U.S. 100% of Baker College Center for Graduate Studies students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $3,136.
Why Duke
World-Class Faculty
Duke’s graduate programs are designed so that students work closely with top experts in their fields. | See our 1,300+ graduate faculty
Strong Student Support
You will find numerous resources and services to support your academic, financial, social, physical, and mental wellbeing. | See student resources
Great Place to Call Home
Duke’s home city of Durham and the wider Triangle area are perennially listed among the best places to live in America. | Discover Durham
Robust Professional Development
We actively help you explore all your career options and prepare yourself for success no matter which path you choose. | Check out our offerings
Vibrant Student Life
No matter your background or interests, you will be able to find your community at Duke. | Our support for student groups
Global Alumni Connections
You will have access to a 160,000-strong alumni network that includes leaders and innovators in every field. | Duke Alumni Network
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