Biochemistry Degree from Saint Mary’s University of Minnesota Return on Investment

See what the return on investment is for jobs that someone with a Biochemistry degree from Saint Mary’s University of Minnesota is likely to work in.

F D C B A
Approximate Total Payment $601,171
Approximate Total Interest $170,152
Monthly Payment $4174.80
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 biochemistry from saint mary's university of minnesota

Biochemists and biophysicists

Projection Rating: F-

Median Annual Wage: $107,460

Percentage of Paycheck to Repay: 46.62%-34.69%

Employment Change: 3.2%

Entry-Level Education: Doctoral or professional 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

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When considering a biochemistry degree from Saint Mary's University of Minnesota, it's essential to evaluate the return on investment (ROI) this educational path offers. A biochemistry degree not only provides a solid foundation in the sciences but also opens doors to a variety of lucrative career opportunities. Graduates can pursue careers in healthcare, pharmaceuticals, research, and biotechnology, among other fields.

The ROI of a biochemistry degree can be significant. According to recent statistics, individuals with a bachelor's degree in biochemistry can earn an average starting salary of approximately $50,000, with potential earnings growing significantly with experience and advanced education. Many graduates go on to pursue further education in medical or graduate school, further increasing their earning potential.

Saint Mary's University of Minnesota distinguishes itself with a strong emphasis on practical learning and research opportunities. Students benefit from small class sizes, personalized attention from faculty, and access to state-of-the-art laboratories. These advantages not only enhance the educational experience but also make graduates more competitive in the job market.

Moreover, the growing demand for professionals in the fields of biochemistry and molecular biology means that graduates can expect a favorable job outlook. With the increasing focus on healthcare advancements and biotechnological innovations, the skills acquired through a biochemistry program are highly sought after.

In addition to financial benefits, a biochemistry degree from Saint Mary's University prepares students for meaningful work that contributes to society. Whether it's developing new medications, improving agricultural practices, or conducting vital research, graduates have the opportunity to make a positive impact on the world.

In conclusion, investing in a biochemistry degree from Saint Mary's University of Minnesota not only promises financial returns but also provides a fulfilling career path in a dynamic and essential field. With the right education and training, graduates can enjoy a rewarding professional journey while contributing to advancements in science and technology.

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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