Clinical Medical Laboratory Science and Allied Professions Degree from University of Minnesota – Twin Cities 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 University of Minnesota – Twin Cities is likely to work in.

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Approximate Total Payment $123,812
Approximate Total Interest $35,043
Monthly Payment $859.80
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 university of minnesota - twin cities

Health technologists and technicians, all other

Projection Rating: C+

Median Annual Wage: $47,470

Percentage of Paycheck to Repay: 21.74%-16.17%

Employment Change: 12.5%

Entry-Level Education: Postsecondary nondegree award

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The Clinical Medical Laboratory Science and Allied Professions Degree from the University of Minnesota – Twin Cities offers a robust educational foundation for aspiring healthcare professionals. With a focus on advanced laboratory techniques, critical thinking, and practical experiences, this program equips students with the skills necessary to excel in various medical settings.

One of the most significant considerations for prospective students is the return on investment (ROI) of their education. Graduates from this program benefit from a strong job placement rate and competitive starting salaries, making it a financially sound choice. The University of Minnesota – Twin Cities is renowned for its cutting-edge research and state-of-the-art facilities, ensuring that students receive a high-quality education that translates into rewarding career opportunities.

Moreover, the demand for medical laboratory scientists continues to grow, driven by advancements in technology and an aging population. This translates to a stable job outlook and increased earning potential for graduates. The program not only prepares students for immediate employment but also provides a pathway for further advancement in healthcare and related fields.

In addition to excellent academic training, the University of Minnesota – Twin Cities offers networking opportunities, internships, and partnerships with leading healthcare organizations. These connections can significantly enhance a graduate's resume and job prospects, further boosting the ROI of their degree.

Ultimately, investing in a Clinical Medical Laboratory Science and Allied Professions Degree from the University of Minnesota – Twin Cities is a strategic move for those looking to make a meaningful impact in the healthcare sector while also securing a strong financial future. With a comprehensive curriculum, exceptional faculty, and a supportive learning environment, students are well-prepared to embark on successful careers in this vital field.

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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