Clinical Laboratory Science, Medical Technology, Technologist Degree from Mercy College of Health Sciences Return on Investment

See what the return on investment is for jobs that someone with a Clinical Laboratory Science, Medical Technology, Technologist degree from Mercy College of Health Sciences is likely to work in.

F D C B A
Approximate Total Payment $381,511
Approximate Total Interest $107,981
Monthly Payment $2649.38
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 mercy college of health sciences

Clinical laboratory technologists and technicians

Projection Rating: B-

Median Annual Wage: $60,780

Percentage of Paycheck to Repay: 17.44%-12.97%

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: 31.51%-23.45%

Employment Change: 16.8%

Entry-Level Education: Doctoral or professional degree

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Investing in a degree in Clinical Laboratory Science or Medical Technology from Mercy College of Health Sciences is a decision that pays dividends both personally and professionally. With the healthcare industry continually evolving, the demand for skilled technologists is at an all-time high. Graduates not only benefit from a robust curriculum but also from hands-on training that prepares them for immediate employment in various settings, including hospitals, laboratories, and research facilities.

The return on investment (ROI) for obtaining a technologist degree at Mercy College is substantial. With competitive starting salaries and numerous opportunities for advancement, graduates can expect to see a significant increase in their earning potential. According to recent industry reports, medical technologists earn an average salary that is well above the national median, and this figure only increases with experience and specialization.

Moreover, Mercy College of Health Sciences is dedicated to ensuring student success through comprehensive support services, including career counseling and job placement assistance. This commitment enhances the ROI by not only equipping students with the necessary skills but also facilitating their transition into the workforce.

In addition to financial benefits, pursuing a degree in Clinical Laboratory Science or Medical Technology contributes to personal growth and job satisfaction. Professionals in this field play a vital role in patient care, making critical decisions that impact health outcomes. As a result, graduates enjoy fulfilling careers that offer both stability and the chance to make a difference in their communities.

In conclusion, a degree in Clinical Laboratory Science or Medical Technology from Mercy College of Health Sciences is a wise investment for those looking to build a successful career in healthcare. With high demand for skilled professionals and strong earning potential, the ROI on this educational path is clear. Take the first step towards a rewarding 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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