Medicinal and Pharmaceutical Chemistry Degree from University of Illinois at Chicago Return on Investment

See what the return on investment is for jobs that someone with a Medicinal and Pharmaceutical Chemistry degree from University of Illinois at Chicago is likely to work in.

F D C B A
Approximate Total Payment $380,437
Approximate Total Interest $107,677
Monthly Payment $2641.92
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 medicinal and pharmaceutical chemistry from university of illinois at chicago

Chemists

Projection Rating: B

Median Annual Wage: $84,680

Percentage of Paycheck to Repay: 12.48%-9.29%

Employment Change: 6.6%

Entry-Level Education: Bachelor's degree

Pharmacists

Projection Rating: C

Median Annual Wage: $136,030

Percentage of Paycheck to Repay: 23.31%-17.34%

Employment Change: 18.3%

Entry-Level Education: Doctoral or professional degree

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The Medicinal and Pharmaceutical Chemistry degree from the University of Illinois at Chicago (UIC) offers students an exceptional return on investment (ROI) for their future careers. This program is designed to equip graduates with the knowledge and skills necessary to excel in the pharmaceutical and biotechnology industries, which are rapidly growing fields with high demand for qualified professionals.

Upon graduation, students can expect a competitive salary that reflects the robust training received at UIC. According to recent data, graduates in medicinal and pharmaceutical chemistry can earn an average starting salary significantly above the national average for college graduates. This strong earning potential, combined with the relatively low cost of tuition at UIC, makes the financial commitment a worthwhile investment.

Moreover, UIC’s strategic location in Chicago provides students with unique networking opportunities and access to leading pharmaceutical companies and research institutions. Internships and cooperative education experiences are integrated into the curriculum, allowing students to gain practical experience and enhance their employability upon graduation.

The program’s comprehensive curriculum not only focuses on the theoretical aspects of chemistry but also emphasizes hands-on laboratory skills and real-world applications. Graduates are well-prepared to take on roles in drug development, regulatory affairs, and quality control, further increasing their job prospects and potential earnings.

In addition to salary prospects, the long-term ROI of a Medicinal and Pharmaceutical Chemistry degree from UIC is bolstered by the program’s strong reputation and the university’s commitment to research. Graduates become part of a respected alumni network that can open doors to advanced studies and leadership positions within the industry.

Investing in a Medicinal and Pharmaceutical Chemistry degree from the University of Illinois at Chicago not only provides students with a solid foundation in an essential field but also offers a promising return on investment that supports a successful and fulfilling career.

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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