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

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

F D C B A
Approximate Total Payment $110,649
Approximate Total Interest $31,318
Monthly Payment $768.40
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 chemistry from university of maryland - baltimore county

Chemists

Projection Rating: B+

Median Annual Wage: $84,680

Percentage of Paycheck to Repay: 10.89%-8.10%

Employment Change: 6.6%

Entry-Level Education: Bachelor's degree

Materials scientists

Projection Rating: A-

Median Annual Wage: $106,160

Percentage of Paycheck to Repay: 8.69%-6.46%

Employment Change: 0.8%

Entry-Level Education: Bachelor's degree

Chemical technicians

Projection Rating: B-

Median Annual Wage: $56,750

Percentage of Paycheck to Repay: 16.25%-12.09%

Employment Change: 3.2%

Entry-Level Education: Associate's degree

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The decision to pursue a Chemistry Degree from the University of Maryland – Baltimore County (UMBC) is not just an academic choice; it’s an investment in your future. Understanding the return on investment (ROI) for this degree can help you make an informed decision about your educational path.

UMBC’s Chemistry program is renowned for its rigorous curriculum and hands-on research opportunities. Graduates from this program have gone on to excel in various fields, including healthcare, pharmaceuticals, environmental science, and education. The skills acquired through this degree not only prepare students for immediate employment but also set the foundation for advanced studies and specialized careers.

When evaluating the ROI of a Chemistry Degree from UMBC, consider the following factors:

  • Job Placement Rates: UMBC boasts impressive job placement rates for its graduates, with many finding employment in reputable organizations shortly after graduation.
  • Average Salary: Graduates holding a Chemistry Degree from UMBC can expect competitive salaries. According to recent data, the average starting salary for chemistry graduates in the region is significantly above the national average.
  • Alumni Network: An extensive alumni network provides valuable connections and opportunities for mentorship, internships, and job placements.
  • Research Opportunities: Engaging in research during your studies not only enhances your resume but also opens doors to career advancement and further education.

Furthermore, UMBC’s location in the Baltimore-Washington corridor offers students unique access to a vibrant job market filled with top-tier biotech companies, research institutions, and government agencies. This geographical advantage significantly enhances the ROI of a Chemistry Degree from UMBC.

In conclusion, investing in a Chemistry Degree from the University of Maryland – Baltimore County can yield substantial returns, both financially and professionally. With a strong academic foundation, excellent job prospects, and an expansive alumni network, UMBC prepares its graduates to thrive in a competitive workforce. Explore your potential and consider how a degree in chemistry can shape your future 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.

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