Medicine Degree from University of North Carolina at Chapel Hill Return on Investment

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

F D C B A
Approximate Total Payment $362,766
Approximate Total Interest $102,675
Monthly Payment $2519.21
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 north carolina at chapel hill

Physicians, all other

Projection Rating: B

Median Annual Wage: $236,000

Percentage of Paycheck to Repay: 12.81%-9.53%

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: 7.56%-5.62%

Employment Change: 0%

Entry-Level Education: Doctoral or professional degree

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The decision to pursue a Medicine Degree from the University of North Carolina at Chapel Hill (UNC) is not only a commitment to education but also a strategic investment in your future. This esteemed institution offers an exceptional medical program that equips students with the skills, knowledge, and experience necessary to excel in the healthcare field. Understanding the return on investment (ROI) of a Medicine Degree from UNC is crucial for prospective students weighing their options.

One of the primary factors contributing to the robust ROI of a Medicine Degree from UNC is the university's strong reputation and extensive network. Graduates from UNC's School of Medicine are highly regarded by employers and often secure competitive positions in hospitals, clinics, and research institutions. The school's commitment to training well-rounded physicians ensures that graduates are prepared to meet the demands of the healthcare industry.

Financially, the ROI of a Medicine Degree is compelling. According to recent data, physicians in the United States enjoy a median annual salary significantly higher than the national average. By investing in your education at UNC, you are positioning yourself for a lucrative career that can yield substantial financial rewards over time. Furthermore, UNC offers various scholarships and financial aid options, helping to mitigate the cost of education and enhance the overall ROI.

Additionally, the comprehensive curriculum and hands-on training provided at UNC enable students to develop essential skills early in their careers. This practical experience not only enhances employability but also sets graduates apart in a competitive job market. As a result, UNC alumni often achieve career advancement faster than their peers from other institutions.

The University of North Carolina at Chapel Hill also emphasizes community engagement and public service, fostering a sense of responsibility among its students. Graduates are often motivated to work in underserved areas, which can lead to additional incentives such as loan forgiveness programs and higher salaries in specific regions.

In summary, the Medicine Degree from the University of North Carolina at Chapel Hill offers an impressive return on investment. With its strong reputation, high earning potential, and commitment to producing skilled healthcare professionals, UNC equips its graduates for successful and fulfilling careers in medicine. For those considering a path in healthcare, the decision to study at UNC can be a pivotal step toward achieving both personal and financial success.

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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