Molecular Biology Degree from Drexel University Return on Investment

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

F D C B A
Approximate Total Payment $284,438
Approximate Total Interest $80,505
Monthly Payment $1975.26
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 molecular biology from drexel university

Biochemists and biophysicists

Projection Rating: F-

Median Annual Wage: $107,460

Percentage of Paycheck to Repay: 66.17%-49.24%

Employment Change: 3.2%

Entry-Level Education: Doctoral or professional degree

Biological scientists, all other

Projection Rating: C-

Median Annual Wage: $91,100

Percentage of Paycheck to Repay: 26.02%-19.36%

Employment Change: 3.8%

Entry-Level Education: Bachelor's degree

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Investing in your education is a crucial decision, and when it comes to pursuing a Molecular Biology Degree from Drexel University, the return on investment (ROI) can be significant. Drexel's rigorous curriculum not only equips students with in-depth knowledge of molecular biology but also enhances their practical skills through hands-on experiences in state-of-the-art laboratories.

Graduates from Drexel's Molecular Biology program are well-prepared for a variety of lucrative career paths, including positions in biotechnology, pharmaceuticals, and healthcare. The university’s strong connections with industry leaders and a robust co-op program provide students with invaluable networking opportunities and real-world experience, further increasing their employability upon graduation.

Statistical data shows that individuals holding a degree in molecular biology can expect competitive salaries, often exceeding the national average for bachelor’s degree holders. According to recent reports, the starting salary for entry-level positions in the molecular biology field can range from $50,000 to $70,000, with potential for rapid growth as experience and expertise increase.

Furthermore, Drexel University's commitment to student success includes comprehensive career services that assist graduates in landing high-paying jobs. The university’s location in Philadelphia, a hub for scientific research and innovation, provides additional opportunities for internships and employment in leading companies.

When considering the cost of education, it's important to note that Drexel offers various financial aid options, scholarships, and grants, making it accessible for a diverse range of students. With a focus on experiential learning and a curriculum designed to meet industry demands, a Molecular Biology Degree from Drexel University not only prepares you academically but also positions you for a successful and rewarding career.

In summary, the ROI of a Molecular Biology Degree from Drexel University is compelling. With a strong foundation in molecular biology, access to career resources, and the potential for high earning potential, this degree is a wise investment in your future.

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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