Clinical Medical Laboratory Technician Degree from Farmingdale State College Return on Investment

See what the return on investment is for jobs that someone with a Clinical Medical Laboratory Technician degree from Farmingdale State College is likely to work in.

F D C B A
Approximate Total Payment $71,899
Approximate Total Interest $20,350
Monthly Payment $499.30
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 technician from farmingdale state college

Medical and Clinical Laboratory Technicians

Projection Rating: B+

Median Annual Wage: $55,000

Percentage of Paycheck to Repay: 10.89%-8.11%

Employment Change: 10%

Entry-Level Education: Associate's degree

Don't see the job you're looking for? Click here.

The Clinical Medical Laboratory Technician (CMLT) degree from Farmingdale State College offers a substantial return on investment (ROI) for students aspiring to build a career in the healthcare industry. With the growing demand for qualified medical professionals, this program equips graduates with the essential skills and knowledge needed to excel in various laboratory settings.

Investing in a CMLT degree means gaining access to a robust curriculum that combines theoretical learning with hands-on experience. Students learn to conduct laboratory tests, analyze results, and contribute to patient care, making them invaluable assets in hospitals, clinics, and diagnostic laboratories.

The financial benefits of obtaining a Clinical Medical Laboratory Technician degree are significant. Graduates typically enjoy competitive salaries, with many entry-level positions offering attractive compensation packages. According to industry reports, CMLT professionals can expect to earn a salary that exceeds the national average for many other entry-level jobs, ensuring that the initial investment in education pays off quickly.

Moreover, the CMLT program at Farmingdale State College is designed with the future in mind. The healthcare field is projected to grow rapidly, leading to a steady increase in job opportunities for laboratory technicians. This growth translates to job security and career advancement potential, further enhancing the ROI for graduates.

Farmingdale State College also emphasizes networking and professional development, providing students with access to valuable resources, internships, and connections within the healthcare community. These opportunities not only enrich the educational experience but also open doors to employment upon graduation.

In conclusion, pursuing a Clinical Medical Laboratory Technician degree at Farmingdale State College is a wise investment in your future. With strong earning potential, job security, and a supportive educational environment, graduates can confidently step into a rewarding career while enjoying a robust return on their educational investment.

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.

Get your personalized projection here!