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

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

F D C B A
Approximate Total Payment $282,612
Approximate Total Interest $79,989
Monthly Payment $1962.58
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 minnesota state university moorhead

Clinical laboratory technologists and technicians

Projection Rating: B

Median Annual Wage: $60,780

Percentage of Paycheck to Repay: 12.92%-9.61%

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: 23.34%-17.37%

Employment Change: 16.8%

Entry-Level Education: Doctoral or professional degree

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Investing in your education is a pivotal decision, and pursuing a degree in Clinical Laboratory Science or Medical Technology at Minnesota State University Moorhead (MSUM) offers a promising return on investment. Graduates from our esteemed programs are equipped with the skills and knowledge necessary to excel in the rapidly evolving healthcare field.

One of the key benefits of earning a Technologist Degree from MSUM is the strong demand for skilled professionals in clinical laboratory environments. With advancements in medical technology and an increasing emphasis on accurate diagnostics, the need for qualified graduates continues to rise. This demand translates to competitive salaries and numerous job opportunities upon graduation.

Our Clinical Laboratory Science program provides hands-on experience and comprehensive training, ensuring that you are job-ready from day one. The curriculum is designed to meet industry standards, combining theoretical knowledge with practical application. As a graduate, you will have the expertise required to perform complex laboratory tests, analyze results, and contribute to patient care.

Moreover, MSUM’s strong connections with healthcare facilities and laboratories across Minnesota enhance your chances of securing internships and employment post-graduation. Many of our graduates find positions in reputable hospitals, research institutions, and diagnostic laboratories, often within months of completing their degree.

Financially, the return on investment for a Clinical Laboratory Science degree is significant. Graduates can expect to earn a competitive salary, with many starting positions offering a solid income that grows with experience. Additionally, the stability of the healthcare sector means that job security is higher compared to many other fields.

In conclusion, choosing to pursue a Clinical Laboratory Science or Medical Technology degree from Minnesota State University Moorhead not only equips you with essential skills but also positions you for a rewarding career with a strong return on investment. Start your journey towards a fulfilling profession that makes a difference in people's lives.

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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