Medical Scientist Degree from University of Minnesota – Twin Cities Return on Investment

See what the return on investment is for jobs that someone with a Medical Scientist degree from University of Minnesota – Twin Cities is likely to work in.

F D C B A
Approximate Total Payment $371,435
Approximate Total Interest $105,129
Monthly Payment $2579.41
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 scientist from university of minnesota - twin cities

Medical scientists, except epidemiologists

Projection Rating: D+

Median Annual Wage: $100,890

Percentage of Paycheck to Repay: 30.68%-22.83%

Employment Change: 16.8%

Entry-Level Education: Doctoral or professional degree

Biochemists and biophysicists

Projection Rating: C-

Median Annual Wage: $107,460

Percentage of Paycheck to Repay: 28.80%-21.43%

Employment Change: 3.2%

Entry-Level Education: Doctoral or professional degree

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

The Medical Scientist Degree from the University of Minnesota – Twin Cities offers a unique opportunity for aspiring professionals in the biomedical field. This program not only equips students with essential knowledge and skills but also promises a substantial return on investment (ROI) for graduates.

With a robust curriculum that combines rigorous academic training with hands-on research opportunities, students gain valuable experience that enhances their employability. Graduates from the University of Minnesota are highly sought after by employers in various sectors, including healthcare, pharmaceuticals, and academia. This demand translates into competitive salaries and job stability, making the financial commitment to a Medical Scientist Degree worthwhile.

According to recent data, graduates from the University of Minnesota's Medical Scientist program have reported an impressive average starting salary, significantly above the national average for entry-level positions in the biomedical sciences. As professionals gain experience, their earning potential increases, with many reaching six-figure salaries within a few years of graduation.

Moreover, the University of Minnesota offers extensive networking opportunities, internships, and career services that further enhance the ROI for its graduates. The strong alumni network provides ongoing support and connections that can lead to job placements and career advancement.

In addition to financial benefits, pursuing a Medical Scientist Degree also contributes to personal fulfillment. Graduates play a crucial role in advancing medical research, improving public health, and contributing to groundbreaking discoveries that can save lives.

In conclusion, investing in a Medical Scientist Degree from the University of Minnesota – Twin Cities not only opens doors to rewarding career opportunities but also promises a significant return on investment, making it an excellent choice for future medical scientists.

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!