Clinical Medical Laboratory Technician Degree from Tarleton State University Return on Investment

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

F D C B A
Approximate Total Payment $90,593
Approximate Total Interest $25,641
Monthly Payment $629.12
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 tarleton state university

Medical and Clinical Laboratory Technicians

Projection Rating: B

Median Annual Wage: $55,000

Percentage of Paycheck to Repay: 13.73%-10.21%

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 Tarleton State University offers a robust educational pathway for aspiring healthcare professionals. With a focus on both theoretical knowledge and practical skills, this degree equips students to excel in a critical field that supports patient care through accurate laboratory testing.

When considering the return on investment (ROI) of the CMLT degree, several factors come into play. Graduates can expect competitive salaries, with entry-level positions often starting in the range of $50,000 to $60,000 annually. As professionals gain experience, their earning potential can significantly increase, with many seasoned technicians earning upwards of $70,000 or more per year.

Moreover, the demand for clinical laboratory technicians is projected to grow substantially. According to the Bureau of Labor Statistics, employment in this field is expected to expand by 11% from 2020 to 2030, much faster than the average for all occupations. This growth translates into ample job opportunities for graduates, further enhancing the ROI of the degree.

Tarleton State University also provides students with hands-on training and state-of-the-art facilities, ensuring they are well-prepared for the workforce. The strong network of alumni and industry connections also plays a vital role in job placement, allowing graduates to seamlessly transition into their careers.

Additionally, the CMLT program at Tarleton is designed to accommodate various learning styles, offering both online and traditional classroom options. This flexibility allows students to balance their education with personal and professional commitments, making it a practical choice for many individuals.

Investing in a Clinical Medical Laboratory Technician degree from Tarleton State University not only paves the way for a rewarding career in healthcare but also offers an impressive return on investment, given the high demand for skilled technicians and the potential for career advancement. Start your journey today and secure a future in a vital and growing 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.

Get your personalized projection here!