Clinical Laboratory Science, Medical Technology, Technologist Degree from Auburn University Return on Investment

See what the return on investment is for jobs that someone with a Clinical Laboratory Science, Medical Technology, Technologist degree from Auburn University is likely to work in.

F D C B A
Approximate Total Payment $382,495
Approximate Total Interest $108,259
Monthly Payment $2656.21
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 clinical laboratory science, medical technology, technologist from auburn university

Clinical laboratory technologists and technicians

Projection Rating: B-

Median Annual Wage: $60,780

Percentage of Paycheck to Repay: 17.48%-13.01%

Employment Change: 18.2%

Entry-Level Education: Bachelor's degree

Medical scientists, except epidemiologists

Projection Rating: D+

Median Annual Wage: $100,890

Percentage of Paycheck to Repay: 31.59%-23.51%

Employment Change: 16.8%

Entry-Level Education: Doctoral or professional degree

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Investing in your future is crucial, and choosing the right degree can make all the difference. Auburn University offers a comprehensive program in Clinical Laboratory Science and Medical Technology, equipping students with the skills needed to excel as technologists in the healthcare field. But what is the return on investment (ROI) for pursuing this degree?

The Clinical Laboratory Science program at Auburn University provides a robust curriculum that combines theoretical knowledge with practical experience. Graduates emerge with a strong understanding of laboratory practices, advanced diagnostic techniques, and the ability to analyze complex data. This level of expertise is in high demand, leading to excellent job opportunities and competitive salaries.

According to recent statistics, the median annual wage for medical and clinical laboratory technologists is significantly higher than the national average for all occupations. With the healthcare industry continually expanding, job security is also a major advantage. Auburn University’s strong network of alumni and partnerships with healthcare facilities enhances job placement rates, ensuring that graduates find rewarding positions in the field.

Moreover, the investment in a degree from Auburn is complemented by the university's commitment to student success. With access to state-of-the-art laboratories, experienced faculty, and hands-on training, students are well-prepared to enter the workforce. Many graduates also find opportunities for advancement, further increasing their earning potential over time.

In conclusion, obtaining a degree in Clinical Laboratory Science and Medical Technology from Auburn University not only offers a solid educational foundation but also promises a favorable return on investment. With high earning potential, job stability, and opportunities for career growth, this degree is a smart choice for those looking to make a meaningful impact in the healthcare sector.

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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