Clinical Medical Laboratory Science and Allied Professions Degree from Drexel University Return on Investment

See what the return on investment is for jobs that someone with a Clinical Medical Laboratory Science and Allied Professions degree from Drexel University is likely to work in.

F D C B A
Approximate Total Payment $284,438
Approximate Total Interest $80,505
Monthly Payment $1975.26
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 medical laboratory science and allied professions from drexel university

Health technologists and technicians, all other

Projection Rating: F-

Median Annual Wage: $47,470

Percentage of Paycheck to Repay: 49.93%-37.15%

Employment Change: 12.5%

Entry-Level Education: Postsecondary nondegree award

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Investing in your future through education can be one of the most impactful decisions you make, especially in specialized fields like Clinical Medical Laboratory Science and Allied Professions. Drexel University offers a comprehensive degree program designed to equip students with the skills and knowledge necessary to excel in the healthcare industry. But what is the return on investment (ROI) for pursuing this degree? Let’s explore the factors that contribute to the value of a degree from Drexel University.

First and foremost, the demand for professionals in clinical medical laboratory science is rising steadily. As healthcare becomes increasingly complex, skilled laboratory professionals are essential for accurate diagnostics and patient care. Graduates from Drexel University are well-prepared to meet this demand, positioning themselves favorably in the job market.

According to recent statistics, graduates from Drexel's Clinical Medical Laboratory Science program experience competitive starting salaries, often significantly higher than the national average for entry-level positions. This strong earning potential contributes to a favorable ROI, allowing graduates to pay off their student loans more quickly and start building their financial future.

Drexel University’s commitment to experiential learning means that students gain hands-on experience in real-world settings, enhancing their employability upon graduation. The university's extensive network of healthcare partnerships provides students with opportunities for internships and job placements, which can further enhance earning potential and career advancement.

Moreover, the flexibility of Drexel’s program, including online and part-time options, allows working professionals to pursue their education without sacrificing their current job. This accessibility can lead to increased job security and promotions, further improving ROI.

In addition to financial benefits, a degree in Clinical Medical Laboratory Science from Drexel University opens doors to various career paths in healthcare, research, and education. Graduates can pursue roles such as medical laboratory technologists, clinical laboratory managers, and more, expanding their opportunities for growth and advancement in a vital industry.

In summary, the Clinical Medical Laboratory Science and Allied Professions degree from Drexel University offers a compelling return on investment. With a solid job market, competitive salaries, hands-on training, and diverse career opportunities, students can expect their investment in education to pay off in both financial rewards and personal fulfillment. Choose Drexel University to pave your path to a successful career in healthcare.

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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