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

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

F D C B A
Approximate Total Payment $428,881
Approximate Total Interest $121,388
Monthly Payment $2978.34
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 university of vermont

Clinical laboratory technologists and technicians

Projection Rating: B-

Median Annual Wage: $60,780

Percentage of Paycheck to Repay: 19.60%-14.58%

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: 35.42%-26.36%

Employment Change: 16.8%

Entry-Level Education: Doctoral or professional degree

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The field of Clinical Laboratory Science and Medical Technology is rapidly evolving, creating a significant demand for skilled technologists. When considering a degree in Clinical Laboratory Science from the University of Vermont, it's essential to evaluate the return on investment (ROI) this program offers.

Graduating with a degree in Medical Technology not only equips students with the necessary skills to excel in laboratory settings but also opens the door to a rewarding career path. The University of Vermont’s program is designed to provide hands-on experience and comprehensive training, ensuring that graduates are well-prepared to meet the challenges of the healthcare industry.

One of the most compelling aspects of pursuing a Clinical Laboratory Science degree from the University of Vermont is the impressive earning potential. According to industry data, medical technologists can expect to earn a competitive salary, with many positions offering benefits and opportunities for advancement. This financial stability makes the initial investment in education well worth it.

Moreover, the demand for clinical laboratory professionals is on the rise. With an aging population and an increased focus on healthcare, job security in this field is strong. Many graduates find employment shortly after completing their degree, further enhancing their return on investment.

In addition to financial benefits, a degree in this field offers personal satisfaction and the opportunity to make a significant impact on patient care. Medical technologists play a crucial role in diagnosing diseases and ensuring effective treatment plans, making their work essential in the healthcare system.

The University of Vermont also provides resources such as career counseling, internship opportunities, and networking events, which can further enhance the ROI of your education. By connecting students with industry professionals and potential employers, the university ensures that graduates are well-positioned to launch successful careers.

In conclusion, the ROI from obtaining a Clinical Laboratory Science and Medical Technology degree from the University of Vermont is multifaceted. From competitive salaries and job security to the chance to make a difference in healthcare, this degree offers valuable returns that extend well beyond the classroom.

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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