Audiology, Audiologist Degree from University of Memphis Return on Investment

See what the return on investment is for jobs that someone with a Audiology, Audiologist degree from University of Memphis is likely to work in.

F D C B A
Approximate Total Payment $325,155
Approximate Total Interest $92,030
Monthly Payment $2258.02
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 audiology, audiologist from university of memphis

Audiologists

Projection Rating: D+

Median Annual Wage: $87,740

Percentage of Paycheck to Repay: 30.88%-22.98%

Employment Change: 1.6%

Entry-Level Education: Doctoral or professional degree

Don't see the job you're looking for? Click here.

The decision to pursue an audiologist degree from the University of Memphis is not just about gaining knowledge in the field of audiology; it's also about understanding the return on investment (ROI) that comes with this academic choice. Audiology, a rapidly growing healthcare profession, offers numerous career opportunities, making it a wise investment for students passionate about helping others hear better.

By enrolling in the University of Memphis audiology program, students benefit from a comprehensive curriculum designed to equip them with the skills and knowledge necessary to excel in this field. The program emphasizes hands-on experience, ensuring graduates are well-prepared for real-world challenges. This practical training enhances employability, leading to higher starting salaries and job security in the competitive job market.

Moreover, the demand for audiologists is on the rise. According to the U.S. Bureau of Labor Statistics, employment of audiologists is projected to grow by 16% over the next decade, much faster than the average for all occupations. This growing demand translates into excellent job prospects for graduates of the University of Memphis, making the investment in an audiologist degree a sound financial decision.

In addition to job security and competitive salaries, graduates can expect to benefit from various professional opportunities. Audiologists can work in diverse settings, including hospitals, private practices, and research institutions. With a degree from the University of Memphis, graduates are well-positioned to pursue specializations in areas such as pediatric audiology, hearing aid technology, and tinnitus management, further enhancing their career prospects and potential earnings.

Furthermore, the University of Memphis offers various financial aid options, scholarships, and assistantships to help ease the financial burden on students. This support, combined with the long-term financial benefits of a career in audiology, strengthens the overall ROI of pursuing an audiologist degree.

In summary, choosing to obtain an audiologist degree from the University of Memphis is not just an academic decision; it's an investment in a fulfilling and lucrative career. With a growing job market, competitive salaries, and diverse professional opportunities, graduates can expect their education to pay dividends for years to come. Explore the audiology program at the University of Memphis today and take the first step towards a rewarding future in audiology!

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.

Get your personalized projection here!