Medicine Degree from Howard University Return on Investment

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

F D C B A
Approximate Total Payment $630,022
Approximate Total Interest $178,318
Monthly Payment $4375.16
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 howard university

Physicians, all other

Projection Rating: C

Median Annual Wage: $236,000

Percentage of Paycheck to Repay: 22.25%-16.55%

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: 13.13%-9.77%

Employment Change: 0%

Entry-Level Education: Doctoral or professional degree

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Investing in a Medicine Degree from Howard University is not just about acquiring knowledge; it's about securing a future filled with opportunities and financial stability. As one of the leading institutions in medical education, Howard University offers a comprehensive curriculum that prepares students for success in the healthcare field.

When considering the return on investment (ROI) of a Medicine Degree from Howard University, it's essential to examine both the immediate and long-term benefits. Graduates from Howard typically enter the workforce equipped with not only a solid medical foundation but also valuable connections in the medical community. This network can significantly enhance job prospects and career advancement.

The average salary for physicians and surgeons can exceed $200,000 annually, depending on specialization and location. Coupled with Howard University's strong reputation, graduates often find themselves in high-demand positions shortly after graduation. The financial rewards of a career in medicine can far outweigh the initial costs of education, making the ROI particularly attractive.

Moreover, Howard University is dedicated to providing financial support through scholarships, grants, and loan repayment programs, further improving the affordability of a medical education. This commitment to accessibility ensures that students can focus on their studies and careers, rather than overwhelming debt.

Additionally, the university emphasizes community service and health equity, which allows students to gain invaluable experience in diverse environments. This not only enriches their education but also positions them as compassionate and competent healthcare providers, traits that employers highly value.

In summary, pursuing a Medicine Degree from Howard University is a sound investment. With a robust education, strong earning potential, and a commitment to community health, graduates can expect a significant return on their investment, making a profound impact in their lives and the lives of others.

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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