Clinical Laboratory Science, Medical Technology, Technologist Degree from Saint Mary’s University of Minnesota Return on Investment
See what the return on investment is for jobs that someone with a Clinical Laboratory Science, Medical Technology, Technologist degree from Saint Mary’s University of Minnesota is likely to work in.
Top job projections for graduates in clinical laboratory science, medical technology, technologist from saint mary's university of minnesota
Clinical laboratory technologists and technicians
Projection Rating: C-
Median Annual Wage: $60,780
Percentage of Paycheck to Repay: 27.47%-20.44%
Employment Change: 18.2%
Entry-Level Education: Bachelor's degree
Medical scientists, except epidemiologists
Projection Rating: F-
Median Annual Wage: $100,890
Percentage of Paycheck to Repay: 49.66%-36.95%
Employment Change: 16.8%
Entry-Level Education: Doctoral or professional degree
Investing in your future is crucial, and a degree in Clinical Laboratory Science and Medical Technology from Saint Mary's University of Minnesota offers a remarkable return on investment (ROI). As the demand for skilled healthcare professionals continues to grow, graduates from this program find themselves in a strong position in the job market.
Saint Mary’s University provides a comprehensive education that equips students with the expertise needed to excel as a technologist. With hands-on training in state-of-the-art laboratories, students gain practical experience that enhances their employability and prepares them for a rewarding career in the healthcare sector.
The ROI of a degree in Clinical Laboratory Science is evident not only in job placement rates but also in salary potential. Graduates can expect competitive starting salaries, with opportunities for advancement as they gain experience and further their education. According to recent data, medical technologists earn a median annual salary that is significantly higher than the national average for all occupations.
Furthermore, the healthcare field is one of the fastest-growing industries, with increasing job openings projected in the coming years. This growth is fueled by an aging population and the rising need for diagnostic services, ensuring that those with a degree in this field will have stable and lucrative career paths.
Saint Mary’s emphasis on ethical leadership and service prepares graduates not only for technical roles but also for positions that require critical thinking and decision-making skills. This holistic approach to education enhances the overall value of the degree, making it a wise investment for aspiring healthcare professionals.
In summary, pursuing a degree in Clinical Laboratory Science and Medical Technology from Saint Mary’s University of Minnesota is an excellent investment. With strong job prospects, competitive salaries, and a comprehensive education that emphasizes both technical skills and ethical leadership, graduates can expect a significant return on their educational investment.
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.