Medicine Degree from University of Alabama at Birmingham Return on Investment

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

F D C B A
Approximate Total Payment $311,978
Approximate Total Interest $88,300
Monthly Payment $2166.51
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 university of alabama at birmingham

Physicians, all other

Projection Rating: B+

Median Annual Wage: $236,000

Percentage of Paycheck to Repay: 11.02%-8.20%

Employment Change: 13.1%

Entry-Level Education: Doctoral or professional degree

Pediatric surgeons

Projection Rating: A-

Median Annual Wage: $400,000

Percentage of Paycheck to Repay: 6.50%-4.84%

Employment Change: 0%

Entry-Level Education: Doctoral or professional degree

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

When considering a Medicine degree from the University of Alabama at Birmingham (UAB), prospective students often weigh the potential return on investment (ROI). UAB's School of Medicine not only offers a rigorous academic curriculum but also provides access to a wide network of clinical experiences, research opportunities, and innovative healthcare practices. By investing in a degree from UAB, students position themselves for a successful career in the medical field.

One of the key factors contributing to the ROI of a Medicine degree from UAB is the high demand for healthcare professionals. Graduates from UAB benefit from the university's strong reputation and connections within the healthcare industry, leading to competitive salaries and job placements. According to recent statistics, UAB medical graduates are among the highest earners in the state, with many securing positions in prestigious hospitals and medical facilities.

Additionally, UAB offers various financial aid options, scholarships, and grants that can help reduce the overall cost of education, further enhancing the return on investment. The university's commitment to affordability ensures that students can focus on their studies without the burden of excessive debt.

Moreover, UAB is located in Birmingham, Alabama, a city with a booming healthcare sector. This geographic advantage provides students with unmatched opportunities for internships, residencies, and networking. The hands-on experience gained during their studies at UAB not only enriches their learning but also makes them more attractive to future employers.

In conclusion, pursuing a Medicine degree from the University of Alabama at Birmingham offers a strong return on investment. With its excellent educational programs, financial support, and strategic location in a thriving medical community, UAB equips students to succeed both academically and professionally. For those looking to embark on a rewarding career in medicine, UAB stands out as an exceptional choice.

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!