Clinical Laboratory Science, Medical Technology, Technologist Degree from Old Dominion University Return on Investment
See what the return on investment is for jobs that someone with a Clinical Laboratory Science, Medical Technology, Technologist degree from Old Dominion University is likely to work in.
Top job projections for graduates in clinical laboratory science, medical technology, technologist from old dominion university
Clinical laboratory technologists and technicians
Projection Rating: B
Median Annual Wage: $60,780
Percentage of Paycheck to Repay: 14.50%-10.79%
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: 26.20%-19.50%
Employment Change: 16.8%
Entry-Level Education: Doctoral or professional degree
Investing in your education is a crucial decision, especially in the dynamic field of healthcare. Pursuing a degree in Clinical Laboratory Science or Medical Technology at Old Dominion University (ODU) offers significant returns on investment (ROI) for aspiring technologists. With a comprehensive curriculum designed to equip students with the skills necessary for success, ODU stands out as a premier institution for this growing field.
Graduates from ODU's Clinical Laboratory Science program benefit from a robust job market, as the demand for skilled medical technologists continues to rise. According to the Bureau of Labor Statistics, employment in this field is projected to grow by 11% from 2020 to 2030, which is faster than the average for all occupations. This growth translates into numerous job opportunities and increased salary potential for ODU graduates.
Students enrolled in ODU's program receive hands-on training that prepares them for real-world challenges. The program emphasizes practical experience, allowing students to engage in laboratory work and gain essential skills that are highly valued by employers. This practical approach not only enhances the learning experience but also boosts employability upon graduation.
Furthermore, ODU's strong connections with healthcare facilities and laboratories provide students with valuable networking opportunities. This connection often leads to internships and job placements, further enhancing the ROI of their degree. Graduates are well-prepared to step into roles in hospitals, clinics, and research facilities, ensuring a smooth transition from academic life to professional careers.
In terms of financial benefits, obtaining a degree in Clinical Laboratory Science or Medical Technology from ODU can lead to competitive salaries. According to Payscale, the average salary for medical technologists ranges from $50,000 to $70,000 annually, with potential for growth as professionals gain experience and pursue advanced certifications.
Moreover, ODU's commitment to student success extends beyond graduation. The university offers career services, mentorship programs, and alumni networks that continue to support graduates in their professional journeys, maximizing the long-term value of their education.
In conclusion, pursuing a Clinical Laboratory Science or Medical Technology degree at Old Dominion University represents a sound investment in your future. With strong job prospects, practical training, and ongoing support, ODU graduates are well-equipped to thrive in the healthcare industry, ensuring that their educational investment pays off for years to come.
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.