Biotechnology Degree from Southern Illinois University – Edwardsville Return on Investment
See what the return on investment is for jobs that someone with a Biotechnology degree from Southern Illinois University – Edwardsville is likely to work in.
Top job projections for graduates in biotechnology from southern illinois university - edwardsville
Biological technicians
Projection Rating: B-
Median Annual Wage: $51,430
Percentage of Paycheck to Repay: 18.16%-13.51%
Employment Change: 5.5%
Entry-Level Education: Bachelor's degree
Biochemists and biophysicists
Projection Rating: C-
Median Annual Wage: $107,460
Percentage of Paycheck to Repay: 26.07%-19.40%
Employment Change: 3.2%
Entry-Level Education: Doctoral or professional degree
Investing in your education is a crucial decision, especially when considering a biotechnology degree from Southern Illinois University - Edwardsville (SIUE). This program not only provides a robust foundation in biological sciences but also opens doors to a thriving job market, making it a smart financial choice for students.
The biotechnology sector is one of the fastest-growing industries in the U.S., with a projected growth rate that outpaces many other fields. Graduates from SIUE are equipped with the necessary skills to excel in various roles, including research and development, quality control, regulatory affairs, and more. This diverse range of career opportunities translates into a favorable return on investment (ROI) for graduates.
According to recent data, the average starting salary for biotechnology graduates can range from $50,000 to $70,000, depending on the specific role and location. As you gain experience, your earning potential increases significantly, with many professionals earning well into six figures within a decade of graduation. This high earning potential underscores the value of a degree from SIUE, where practical experience and cutting-edge research are integral parts of the curriculum.
Additionally, SIUE offers state-of-the-art facilities and access to industry connections, enhancing the educational experience and providing students with a competitive edge in the job market. The university's strong emphasis on internships and research projects enables students to gain hands-on experience, further boosting their employability upon graduation.
Moreover, SIUE’s biotechnology degree program is designed to be flexible, accommodating both full-time and part-time students, which allows you to tailor your education to fit your lifestyle while still pursuing your career goals.
When evaluating the return on investment for a biotechnology degree from Southern Illinois University - Edwardsville, it’s essential to consider both the financial aspects and the long-term career benefits. With a strong job market, competitive salaries, and a comprehensive educational experience, SIUE is an excellent choice for aspiring biotechnologists looking to make their mark in this dynamic field.
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.