Clinical Laboratory Science, Medical Technology, Technologist Degree from Rutgers University – Newark Return on Investment

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

F D C B A
Approximate Total Payment $347,274
Approximate Total Interest $98,290
Monthly Payment $2411.63
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 rutgers university - newark

Clinical laboratory technologists and technicians

Projection Rating: B-

Median Annual Wage: $60,780

Percentage of Paycheck to Repay: 15.87%-11.81%

Employment Change: 18.2%

Entry-Level Education: Bachelor's degree

Medical scientists, except epidemiologists

Projection Rating: C-

Median Annual Wage: $100,890

Percentage of Paycheck to Repay: 28.68%-21.34%

Employment Change: 16.8%

Entry-Level Education: Doctoral or professional degree

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When considering a degree in Clinical Laboratory Science and Medical Technology from Rutgers University – Newark, it's essential to evaluate the return on investment (ROI) of your educational choice. This program not only equips students with the essential skills needed to excel as a technologist but also positions graduates for a successful career in a rapidly growing field.

The demand for clinical laboratory professionals continues to rise, driven by advancements in medical technology and an increasing need for accurate diagnostic testing. Graduates from Rutgers University – Newark are highly sought after by employers, ensuring that your investment in education leads to lucrative job opportunities. With competitive starting salaries and the potential for career advancement, the ROI on your degree can be substantial.

Moreover, the Clinical Laboratory Science program at Rutgers provides hands-on training and real-world experience, setting you apart from other candidates in the job market. The comprehensive curriculum covers essential topics such as microbiology, hematology, and molecular diagnostics, ensuring that you are well-prepared for the challenges of the healthcare industry.

Financially, the cost of obtaining a degree from Rutgers is competitive compared to other institutions. Coupled with the university’s strong connections within the healthcare industry, students benefit from internships and job placement assistance, further enhancing their career prospects and increasing the financial return on their educational investment.

In conclusion, pursuing a degree in Clinical Laboratory Science and Medical Technology from Rutgers University – Newark offers a promising return on investment. With a strong job market, competitive salaries, and a robust educational foundation, graduates are well-equipped to thrive in their careers while making 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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