Occupational Therapy Degree from Howard University Return on Investment

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

F D C B A
Approximate Total Payment $315,011
Approximate Total Interest $89,159
Monthly Payment $2187.58
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 occupational therapy from howard university

Occupational therapists

Projection Rating: C-

Median Annual Wage: $96,370

Percentage of Paycheck to Repay: 27.24%-20.27%

Employment Change: 16.8%

Entry-Level Education: Master's degree

Rehabilitation counselors

Projection Rating: F-

Median Annual Wage: $44,040

Percentage of Paycheck to Repay: 59.61%-44.35%

Employment Change: 1.6%

Entry-Level Education: Master's degree

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When considering an Occupational Therapy Degree from Howard University, it's essential to evaluate the return on investment (ROI). This degree offers not only a pathway to a fulfilling career but also numerous financial and personal benefits that can justify your educational expenses.

Howard University is renowned for its commitment to academic excellence and social justice, making it a prime choice for aspiring occupational therapists. Graduates from this program are equipped with the skills and knowledge necessary to excel in various healthcare settings, ranging from hospitals to rehabilitation centers.

One of the key factors contributing to the ROI of an Occupational Therapy Degree is the promising job outlook in the field. According to the U.S. Bureau of Labor Statistics, employment for occupational therapists is projected to grow significantly over the next decade, driven by an aging population and the increasing awareness of the importance of mental and physical health.

Moreover, the average salary for occupational therapists is competitive, with many graduates earning a substantial income shortly after completing their degree. This financial stability, combined with the job satisfaction that comes from helping others improve their quality of life, makes the investment in a degree from Howard University particularly worthwhile.

In addition to financial benefits, pursuing an Occupational Therapy Degree from Howard University provides access to a network of professionals and alumni who can offer invaluable support and opportunities throughout your career. The university's strong reputation and connections within the healthcare community can enhance job prospects and open doors to advanced career paths.

Ultimately, the decision to pursue an Occupational Therapy Degree from Howard University is not just about the immediate financial implications. It's an investment in a career that is both rewarding and impactful, providing graduates with the tools to make a difference in the lives of individuals and communities. With its strong academic foundation, promising career outlook, and potential for personal fulfillment, the ROI of this degree is clear.

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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