Clinical Laboratory Science, Medical Technology, Technologist Degree from University of Massachusetts – Dartmouth Return on Investment

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

F D C B A
Approximate Total Payment $364,673
Approximate Total Interest $103,215
Monthly Payment $2532.45
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 university of massachusetts - dartmouth

Clinical laboratory technologists and technicians

Projection Rating: B-

Median Annual Wage: $60,780

Percentage of Paycheck to Repay: 16.67%-12.40%

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: 30.12%-22.41%

Employment Change: 16.8%

Entry-Level Education: Doctoral or professional degree

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Investing in your education is a crucial step towards a successful career in the healthcare field. At the University of Massachusetts – Dartmouth, our Clinical Laboratory Science and Medical Technology degree programs are designed to provide students with the knowledge and skills necessary to excel as a medical technologist. Understanding the return on investment (ROI) of this degree is essential for prospective students and their families.

Graduates from our Clinical Laboratory Science program not only gain a comprehensive understanding of laboratory practices and technologies but also benefit from a strong employment outlook. The demand for skilled medical technologists continues to rise, driven by an aging population and advancements in healthcare technology. According to the U.S. Bureau of Labor Statistics, employment for medical and clinical laboratory technologists is projected to grow by 11% from 2020 to 2030, much faster than the average for all occupations.

When considering the ROI of a degree in Clinical Laboratory Science from UMass Dartmouth, it’s important to factor in potential earnings. Graduates can expect competitive salaries that often exceed $60,000 annually, depending on their location, experience, and area of specialization. Many of our alumni have secured positions in hospitals, private laboratories, and research facilities, contributing to a robust job market that values their expertise.

In addition to financial benefits, our program offers hands-on training and real-world experience through clinical internships. This practical exposure not only enhances your learning but also makes you more attractive to potential employers. The connections you build during your studies can lead to job opportunities and career advancement after graduation.

Furthermore, the University of Massachusetts – Dartmouth is committed to supporting students throughout their educational journey. Our dedicated faculty, state-of-the-art facilities, and comprehensive career services ensure that you are well-prepared to enter the workforce upon graduation.

In summary, pursuing a degree in Clinical Laboratory Science and Medical Technology at UMass Dartmouth offers an excellent return on investment. With a strong job market, competitive salaries, and a comprehensive educational experience, you are empowered to launch a successful career in the vital field of healthcare. Invest in your future today and be a part of a 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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