Biomedical Technology Degree from Indiana University – Purdue University – Indianapolis Return on Investment

See what the return on investment is for jobs that someone with a Biomedical Technology degree from Indiana University – Purdue University – Indianapolis is likely to work in.

F D C B A
Approximate Total Payment $100,230
Approximate Total Interest $28,369
Monthly Payment $696.05
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 biomedical technology from indiana university - purdue university - indianapolis

Medical equipment repairers

Projection Rating: B

Median Annual Wage: $60,670

Percentage of Paycheck to Repay: 13.77%-10.24%

Employment Change: 12.3%

Entry-Level Education: Associate's degree

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The Biomedical Technology Degree at Indiana University – Purdue University – Indianapolis (IUPUI) offers an exceptional return on investment for students aiming to excel in the dynamic field of biomedical engineering. As healthcare technology continues to evolve, the demand for skilled professionals with a solid educational background in biomedical technology is at an all-time high.

Graduates of this program are equipped with the necessary knowledge and practical skills to thrive in various sectors, including medical device manufacturing, healthcare IT, and clinical research. With hands-on training and access to state-of-the-art facilities, students gain relevant experience that enhances their employability and earning potential.

According to recent data, alumni of the Biomedical Technology program see a significant salary increase shortly after graduation, with many securing high-paying positions in reputable organizations. The program not only prepares students for rewarding careers but also promotes lifelong learning and professional development.

Furthermore, IUPUI's strong industry connections provide students with valuable networking opportunities and internships, allowing them to build relationships that can lead to job offers upon graduation. The return on investment for this degree is not only measured in salary but also in career satisfaction and advancement opportunities.

Choosing to pursue a Biomedical Technology Degree from IUPUI is a strategic decision for those looking to make a meaningful impact in the healthcare sector while enjoying a robust 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.

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