Clinical Laboratory Science, Medical Technology, Technologist Degree from Dixie State University Return on Investment

See what the return on investment is for jobs that someone with a Clinical Laboratory Science, Medical Technology, Technologist degree from Dixie State University is likely to work in.

F D C B A
Approximate Total Payment $265,304
Approximate Total Interest $75,090
Monthly Payment $1842.39
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 clinical laboratory science, medical technology, technologist from dixie state university

Clinical laboratory technologists and technicians

Projection Rating: B

Median Annual Wage: $60,780

Percentage of Paycheck to Repay: 12.12%-9.02%

Employment Change: 18.2%

Entry-Level Education: Bachelor's degree

Medical scientists, except epidemiologists

Projection Rating: C+

Median Annual Wage: $100,890

Percentage of Paycheck to Repay: 21.91%-16.31%

Employment Change: 16.8%

Entry-Level Education: Doctoral or professional degree

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

The Clinical Laboratory Science and Medical Technology degree from Dixie State University offers students a pathway to a rewarding career in healthcare. As a technologist, you play a critical role in patient care by performing diagnostic tests that help in the prevention, diagnosis, and treatment of diseases. But what about the return on investment (ROI) of pursuing this degree? Let’s explore the financial and professional benefits.

One of the most compelling aspects of the Clinical Laboratory Science program at Dixie State University is its strong job placement rate. Graduates often find employment in hospitals, clinics, and laboratories where they are in high demand. According to industry data, medical technologists can expect a competitive starting salary, significantly higher than the average for many other entry-level positions. This means that students can quickly recoup their educational expenses.

Additionally, the program is designed to equip students with the practical skills and knowledge required in the field, making them attractive candidates for employers. The curriculum includes hands-on training and real-world experience, which not only enhances learning but also boosts employability. Many graduates report promotions and salary increases within a few years of entering the workforce.

Moreover, the healthcare industry is continuously growing, with a projected increase in job opportunities for medical technologists over the next decade. This upward trend translates to job security and long-term career advancement, making the investment in a degree from Dixie State University a smart choice for aspiring healthcare professionals.

In addition to financial gains, pursuing a degree in Clinical Laboratory Science also offers the satisfaction of contributing to patient health and wellbeing. Medical technologists play a pivotal role in the healthcare system, impacting lives through their expertise in laboratory diagnostics.

In conclusion, the return on investment for a Clinical Laboratory Science degree from Dixie State University is not only evident in potential earnings but also in job security, career advancement, and the meaningful contributions to healthcare. If you are considering a future in medical technology, this degree could be your gateway to a fulfilling and profitable career.

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!