Biotechnology Degree from University of Maryland – Baltimore County Return on Investment

See what the return on investment is for jobs that someone with a Biotechnology degree from University of Maryland – Baltimore County is likely to work in.

F D C B A
Approximate Total Payment $331,948
Approximate Total Interest $93,953
Monthly Payment $2305.20
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 biotechnology from university of maryland - baltimore county

Biological technicians

Projection Rating: B-

Median Annual Wage: $51,430

Percentage of Paycheck to Repay: 17.93%-13.34%

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: 25.74%-19.15%

Employment Change: 3.2%

Entry-Level Education: Doctoral or professional degree

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

Investing in a Biotechnology degree from the University of Maryland – Baltimore County (UMBC) is a decision that can yield significant returns, both personally and financially. As one of the leading institutions in the field of biotechnology, UMBC offers a comprehensive curriculum that equips students with the skills and knowledge needed to excel in this rapidly growing industry.

Graduates from UMBC's Biotechnology program benefit from a robust education that combines theoretical knowledge with practical experience. The program covers essential topics such as molecular biology, genetics, and bioinformatics, ensuring that students are well-prepared for a variety of careers in research, pharmaceuticals, and healthcare.

One of the key factors contributing to the return on investment (ROI) of a Biotechnology degree from UMBC is the university's strong connections with local biotech firms and research institutions. These partnerships provide students with valuable internship opportunities, networking prospects, and job placements upon graduation. In fact, UMBC’s graduates often find themselves in high-demand roles, with competitive salaries that reflect the value of their education.

According to recent statistics, the average starting salary for biotechnology graduates in the Maryland area is significantly higher than the national average for recent graduates. This financial benefit, combined with the relatively low tuition costs at UMBC, enhances the overall ROI of obtaining a degree in Biotechnology from this esteemed institution.

Moreover, the biotechnology sector is projected to continue its rapid growth, driven by advancements in technology and an increasing focus on health and environmental sustainability. By earning a degree from UMBC, students position themselves at the forefront of this dynamic field, making them highly employable and opening doors to a range of rewarding career paths.

In conclusion, choosing to pursue a Biotechnology degree from the University of Maryland – Baltimore County not only provides a solid educational foundation but also offers a compelling return on investment. With excellent job prospects, high earning potential, and a strong network of industry connections, UMBC graduates are well-equipped to thrive in the biotechnology landscape.

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!