Biology, Biological Sciences Degree from New Mexico Institute of Mining and Technology Return on Investment

See what the return on investment is for jobs that someone with a Biology, Biological Sciences degree from New Mexico Institute of Mining and Technology is likely to work in.

F D C B A
Approximate Total Payment $94,618
Approximate Total Interest $26,780
Monthly Payment $657.07
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 biology, biological sciences from new mexico institute of mining and technology

Biological scientists, all other

Projection Rating: A-

Median Annual Wage: $91,100

Percentage of Paycheck to Repay: 8.66%-6.44%

Employment Change: 3.8%

Entry-Level Education: Bachelor's degree

Microbiologists

Projection Rating: A-

Median Annual Wage: $85,470

Percentage of Paycheck to Repay: 9.23%-6.86%

Employment Change: 1.6%

Entry-Level Education: Bachelor's degree

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

If you're considering a degree in Biology or Biological Sciences, the New Mexico Institute of Mining and Technology (New Mexico Tech) offers a unique opportunity that combines rigorous academic training with hands-on research experiences. With a strong emphasis on practical applications and a robust curriculum, graduates are well-prepared for a variety of careers in healthcare, research, and environmental science.

One of the key factors to consider when investing in your education is the return on investment (ROI). New Mexico Tech stands out for its affordability and the high value of its degrees. Graduates from the Biological Sciences program have reported strong employment outcomes, with many securing positions in reputable organizations and companies shortly after graduation. The university's connections with industry leaders and research institutions enhance job opportunities and internships, giving students a competitive edge in the job market.

Additionally, the skills acquired through the Biology and Biological Sciences degree—such as critical thinking, problem-solving, and laboratory techniques—are highly sought after across multiple sectors. This versatility means that graduates can pursue careers in areas like biotechnology, pharmaceuticals, environmental consulting, and education, ensuring that your degree can lead to various fulfilling career paths.

Financially, graduates from New Mexico Tech benefit from a favorable starting salary compared to the cost of their education. By investing in a degree from this esteemed institution, you are setting yourself up for success and a promising future. The combination of a strong academic foundation, practical experience, and valuable industry connections makes New Mexico Tech an excellent choice for aspiring biologists looking to maximize their ROI.

In summary, pursuing a Biology or Biological Sciences degree from New Mexico Institute of Mining and Technology offers significant returns on investment through high employment rates, competitive salaries, and diverse career opportunities. Take the first step towards a rewarding career in the biological sciences today!

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!