Medical Radiologic Technology Degree from Massasoit Community College Return on Investment

See what the return on investment is for jobs that someone with a Medical Radiologic Technology degree from Massasoit Community College is likely to work in.

F D C B A
Approximate Total Payment $56,734
Approximate Total Interest $16,058
Monthly Payment $393.99
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 medical radiologic technology from massasoit community college

Radiation therapists

Projection Rating: A

Median Annual Wage: $98,300

Percentage of Paycheck to Repay: 4.81%-3.58%

Employment Change: 0.5%

Entry-Level Education: Associate's degree

Radiologic technologists and technicians

Projection Rating: A-

Median Annual Wage: $73,410

Percentage of Paycheck to Repay: 6.44%-4.79%

Employment Change: 13.1%

Entry-Level Education: Associate's degree

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The decision to pursue a Medical Radiologic Technology Degree from Massasoit Community College is not just an educational choice; it’s a strategic investment in your future. This degree opens the door to a thriving career in the healthcare sector, known for its stability and growth potential. In this article, we will explore the return on investment (ROI) of obtaining your degree in medical radiologic technology from Massasoit Community College.

First and foremost, let’s consider the financial aspects. According to recent data, graduates in the field of radiologic technology can earn an average annual salary of around $60,000, with the potential for growth as you gain experience and specialize in advanced imaging techniques. With a relatively low tuition rate at Massasoit Community College compared to the lifetime earnings potential, the ROI is significant. Students can expect to recoup their educational expenses within just a few years of entering the workforce.

Moreover, the demand for radiologic technologists continues to rise. The U.S. Bureau of Labor Statistics projects a steady growth rate of around 9% for this profession over the next decade, which is faster than the average for all occupations. This demand translates into job security and numerous employment opportunities across various settings, including hospitals, clinics, and diagnostic imaging centers.

Massasoit Community College also provides hands-on training and clinical experience, ensuring that graduates are well-prepared for the challenges of the workforce. The college’s strong industry connections facilitate internships and job placements, further enhancing your career prospects and financial return.

In addition to financial ROI, pursuing a degree in medical radiologic technology offers personal fulfillment and career satisfaction. Working in healthcare allows you to make a difference in patients’ lives while being part of a dynamic and evolving field. The skills you acquire will enable you to adapt to advancements in technology and patient care practices, keeping your career both relevant and rewarding.

In conclusion, the Medical Radiologic Technology Degree from Massasoit Community College represents a wise investment in your future. With competitive salaries, strong job growth, and the opportunity for meaningful work, the return on investment is clear. Take the first step toward a fulfilling career in radiologic technology and discover how Massasoit can help you achieve your professional goals.

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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