Clinical Laboratory Science, Medical Technology, Technologist Degree from Oregon Institute of Technology Return on Investment

See what the return on investment is for jobs that someone with a Clinical Laboratory Science, Medical Technology, Technologist degree from Oregon Institute of Technology is likely to work in.

F D C B A
Approximate Total Payment $308,559
Approximate Total Interest $87,332
Monthly Payment $2142.77
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 oregon institute of technology

Clinical laboratory technologists and technicians

Projection Rating: B

Median Annual Wage: $60,780

Percentage of Paycheck to Repay: 14.10%-10.49%

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: 25.49%-18.96%

Employment Change: 16.8%

Entry-Level Education: Doctoral or professional degree

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When considering a degree in Clinical Laboratory Science or Medical Technology, understanding the return on investment (ROI) is crucial. The Oregon Institute of Technology (OIT) offers a comprehensive program designed to equip students with the skills and knowledge necessary to excel as technologists in the medical field. With an emphasis on hands-on experience and cutting-edge technology, OIT prepares graduates for a rewarding career that is both fulfilling and financially beneficial.

Graduates of OIT’s Clinical Laboratory Science program can expect a strong job market, with a growing demand for skilled medical technologists. The Bureau of Labor Statistics projects a steady increase in employment opportunities in this field, translating into job security and potential for career advancement. By choosing OIT, students are not only investing in their education but also positioning themselves for a prosperous future.

In terms of financial ROI, the costs associated with obtaining a degree at OIT are competitive when compared to other institutions. The average starting salary for graduates in Clinical Laboratory Science and Medical Technology is significantly higher than the national average for recent college graduates. With a relatively short timeframe to complete the degree, students can quickly enter the workforce and begin reaping the financial benefits of their education.

Additionally, OIT’s strong industry connections and dedicated career services help facilitate internships and job placements, further enhancing the ROI for graduates. The program’s rigorous curriculum not only meets industry standards but also fosters critical thinking and problem-solving skills that are highly valued by employers.

Investing in a Clinical Laboratory Science or Medical Technology degree from the Oregon Institute of Technology is a smart decision for those looking to enter a dynamic and essential field of healthcare. With promising job prospects, competitive salaries, and a supportive learning environment, students can look forward to a successful and financially rewarding career.

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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