Clinical Laboratory Science, Medical Technology, Technologist Degree from Illinois 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 Illinois State University is likely to work in.

F D C B A
Approximate Total Payment $397,276
Approximate Total Interest $112,442
Monthly Payment $2758.86
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 illinois state university

Clinical laboratory technologists and technicians

Projection Rating: B-

Median Annual Wage: $60,780

Percentage of Paycheck to Repay: 18.16%-13.51%

Employment Change: 18.2%

Entry-Level Education: Bachelor's degree

Medical scientists, except epidemiologists

Projection Rating: D

Median Annual Wage: $100,890

Percentage of Paycheck to Repay: 32.81%-24.42%

Employment Change: 16.8%

Entry-Level Education: Doctoral or professional degree

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The Clinical Laboratory Science and Medical Technology degree from Illinois State University offers an exceptional return on investment (ROI) for aspiring healthcare professionals. With a strong emphasis on hands-on training and cutting-edge technology, this program equips students with the skills necessary to excel in a rapidly growing field.

One of the key benefits of obtaining a degree in Clinical Laboratory Science is the high demand for skilled technologists in the healthcare industry. According to the Bureau of Labor Statistics, employment opportunities for medical laboratory technologists are projected to grow significantly over the next decade. This growth translates to a wealth of job prospects and competitive salaries, making your investment in education worthwhile.

Illinois State University's program not only provides robust academic training but also offers networking opportunities with healthcare facilities and professionals. Students benefit from internships and clinical placements that enhance their practical experience, making them more attractive to potential employers. Graduates from this program often find themselves in positions that offer excellent starting salaries and benefits, further increasing their ROI.

Moreover, the university's commitment to student success is evident through its dedicated faculty, state-of-the-art laboratories, and support services that guide students through their educational journey. By choosing Illinois State University for your Clinical Laboratory Science, Medical Technology, or Technologist degree, you are investing in a future that promises both personal and financial growth.

In conclusion, pursuing a Clinical Laboratory Science degree at Illinois State University is not just an educational choice; it’s a strategic investment in your future career. With a combination of high demand for professionals, excellent earning potential, and comprehensive training, the ROI of this degree is undeniably significant.

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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