Pharmacy Degree from MCPHS University Return on Investment

See what the return on investment is for jobs that someone with a Pharmacy degree from MCPHS University is likely to work in.

F D C B A
Approximate Total Payment $224,158
Approximate Total Interest $63,444
Monthly Payment $1556.65
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 pharmacy from mcphs university

Pharmacists

Projection Rating: F+

Median Annual Wage: $136,030

Percentage of Paycheck to Repay: 41.20%-30.65%

Employment Change: 18.3%

Entry-Level Education: Doctoral or professional degree

Pharmacy technicians

Projection Rating: F-

Median Annual Wage: $40,300

Percentage of Paycheck to Repay: 46.35%-34.49%

Employment Change: 33.3%

Entry-Level Education: High school diploma or equivalent

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The decision to pursue a Pharmacy Degree from MCPHS University is not just about gaining knowledge in pharmaceutical sciences; it's an investment in your future. With the rising demand for healthcare professionals, especially pharmacists, this degree offers a significant return on investment (ROI) that can enhance your career prospects and earning potential.

According to recent data, graduates from MCPHS University have an impressive employment rate, with many securing positions in various settings such as community pharmacies, hospitals, and pharmaceutical companies shortly after graduation. The robust curriculum, combined with hands-on experience through clinical rotations, equips students with the necessary skills to excel in the workforce.

Furthermore, the earning potential for pharmacy graduates is among the highest in the healthcare sector. According to the Bureau of Labor Statistics, pharmacists earn a median annual salary that far exceeds the average for all occupations. This financial advantage, coupled with the relatively short duration of the pharmacy program, makes the ROI for an MCPHS Pharmacy Degree particularly attractive.

Additionally, MCPHS University offers various resources to support students in their career journeys, including career counseling, networking opportunities, and partnerships with leading healthcare organizations. These resources not only facilitate job placement but also help graduates command higher starting salaries, further enhancing their ROI.

Choosing to earn a Pharmacy Degree from MCPHS University is a strategic decision that can lead to a fulfilling and financially rewarding career. With a strong job market, competitive salaries, and comprehensive support, your investment in this degree is poised to pay off significantly in the long run.

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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