Pharmacy Degree from Southern Illinois University – Edwardsville Return on Investment

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

F D C B A
Approximate Total Payment $112,051
Approximate Total Interest $31,714
Monthly Payment $778.13
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 southern illinois university - edwardsville

Pharmacists

Projection Rating: C+

Median Annual Wage: $136,030

Percentage of Paycheck to Repay: 20.59%-15.32%

Employment Change: 18.3%

Entry-Level Education: Doctoral or professional degree

Pharmacy technicians

Projection Rating: C

Median Annual Wage: $40,300

Percentage of Paycheck to Repay: 23.17%-17.24%

Employment Change: 33.3%

Entry-Level Education: High school diploma or equivalent

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Investing in your education is a significant decision, and pursuing a Pharmacy Degree from Southern Illinois University – Edwardsville (SIUE) offers a compelling return on investment (ROI). With a focus on both academic excellence and practical experience, SIUE prepares students for successful careers in the pharmaceutical field.

One of the primary factors contributing to the ROI of a Pharmacy Degree from SIUE is the strong job placement rate. Graduates from SIUE's School of Pharmacy are highly sought after by employers, thanks to the institution's rigorous curriculum and hands-on training. The pharmacy profession continues to grow, with an increasing demand for qualified pharmacists in various settings, including hospitals, retail pharmacies, and research facilities.

The financial investment in a pharmacy degree is also justified by the potential salary. Pharmacists are among the top earners in the healthcare sector, with starting salaries often exceeding six figures. According to recent data, the median annual salary for pharmacists in the United States is significantly higher than the national average for all professions, making the financial return on your education substantial over time.

Moreover, SIUE provides students with access to valuable networking opportunities and resources that can enhance their career prospects. The university's strong connections with local healthcare providers, pharmacies, and industry leaders enable students to secure internships and job placements that can lead to long-term employment.

Additionally, SIUE's commitment to student support services, including academic advising, career counseling, and professional development workshops, further enhances the overall value of the degree. These resources are designed to help students navigate the job market effectively and maximize their earning potential after graduation.

In conclusion, pursuing a Pharmacy Degree from Southern Illinois University – Edwardsville is a smart investment for aspiring pharmacists. With a robust curriculum, high job placement rates, competitive salaries, and extensive support services, students can expect a strong return on their educational investment, paving the way for a successful and fulfilling career in pharmacy.

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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