Physical Therapy Degree from University of North Dakota Return on Investment

See what the return on investment is for jobs that someone with a Physical Therapy degree from University of North Dakota is likely to work in.

F D C B A
Approximate Total Payment $153,606
Approximate Total Interest $43,476
Monthly Payment $1066.71
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 physical therapy from university of north dakota

Physical therapists

Projection Rating: C-

Median Annual Wage: $99,710

Percentage of Paycheck to Repay: 25.68%-19.10%

Employment Change: 36.8%

Entry-Level Education: Doctoral or professional degree

Occupational therapists

Projection Rating: B

Median Annual Wage: $96,370

Percentage of Paycheck to Repay: 13.28%-9.88%

Employment Change: 16.8%

Entry-Level Education: Master's degree

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Investing in a Physical Therapy Degree from the University of North Dakota (UND) offers substantial returns for aspiring healthcare professionals. With a focus on hands-on training and evidence-based practice, UND's program equips students with the skills necessary to excel in a rapidly growing field. Physical therapy is not just a career; it’s a rewarding path that offers both personal fulfillment and competitive salaries.

According to recent statistics, the demand for physical therapists is projected to grow significantly over the next decade, driven by an aging population and a greater emphasis on rehabilitation and preventive care. Graduates from UND enter a job market ripe with opportunities, often securing positions in hospitals, rehabilitation centers, and private practices.

Moreover, the return on investment for a Physical Therapy degree from UND is impressive. Graduates can expect to earn a starting salary that typically ranges from $70,000 to $80,000 annually, with experienced professionals earning upwards of $100,000. This means that the financial investment in your education can be recouped in just a few years of practice.

Additionally, UND's strong network of alumni and partnerships with healthcare facilities enhances job placement opportunities, ensuring that students are well-prepared to step into the workforce upon graduation. The program's commitment to clinical education allows students to gain invaluable experience, making them highly sought after by employers.

In conclusion, pursuing a Physical Therapy Degree from the University of North Dakota is not only a commitment to personal growth and professional development but also a strategic financial decision. With high earning potential, strong job demand, and comprehensive training, your degree from UND can lead to a fulfilling career in physical therapy with a significant return on investment.

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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