Medicine Degree from George Washington University Return on Investment

See what the return on investment is for jobs that someone with a Medicine degree from George Washington University is likely to work in.

F D C B A
Approximate Total Payment $928,838
Approximate Total Interest $262,892
Monthly Payment $6450.26
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 medicine from george washington university

Physicians, all other

Projection Rating: D

Median Annual Wage: $236,000

Percentage of Paycheck to Repay: 32.80%-24.40%

Employment Change: 13.1%

Entry-Level Education: Doctoral or professional degree

Pediatric surgeons

Projection Rating: B-

Median Annual Wage: $400,000

Percentage of Paycheck to Repay: 19.35%-14.40%

Employment Change: 0%

Entry-Level Education: Doctoral or professional degree

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The decision to pursue a medicine degree is significant, and understanding the return on investment (ROI) is crucial for prospective students. At George Washington University (GWU), the medicine program not only offers a comprehensive education but also provides a favorable ROI that can set graduates on a path to success.

Investing in a medicine degree from GWU equips students with world-class knowledge and clinical skills, preparing them for a variety of medical careers. The university's strategic location in the nation’s capital offers unique opportunities for internships, networking, and exposure to cutting-edge medical practices. These experiences enhance the educational journey, making GWU graduates highly sought after in the job market.

According to recent data, graduates from GWU’s medicine program benefit from competitive salaries and strong job placement rates. The average starting salary for physicians in the U.S. continues to rise, often exceeding six figures, which significantly outweighs the cost of tuition and associated expenses. Additionally, GWU’s financial aid packages and scholarship opportunities help to mitigate the financial burden, making this investment even more accessible.

Moreover, the long-term financial benefits of obtaining a medical degree extend beyond initial salaries. Physicians often enjoy job stability, comprehensive benefits, and opportunities for advancement, all contributing to a robust lifetime earning potential. The connections and reputation built during a GWU education further enhance career prospects in both clinical and research settings.

In conclusion, the return on investment for a medicine degree from George Washington University is compelling. With a combination of high-quality education, excellent career prospects, and strong financial outcomes, GWU stands out as an exceptional choice for aspiring medical professionals. By choosing GWU, students are not just investing in their education; they are investing in a successful future in the medical 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.

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