Occupational Therapy Degree from University of Southern Maine Return on Investment

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

F D C B A
Approximate Total Payment $167,048
Approximate Total Interest $47,280
Monthly Payment $1160.06
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 university of southern maine

Occupational therapists

Projection Rating: B

Median Annual Wage: $96,370

Percentage of Paycheck to Repay: 14.45%-10.75%

Employment Change: 16.8%

Entry-Level Education: Master's degree

Rehabilitation counselors

Projection Rating: D+

Median Annual Wage: $44,040

Percentage of Paycheck to Repay: 31.61%-23.52%

Employment Change: 1.6%

Entry-Level Education: Master's degree

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Investing in your education is one of the most important decisions you'll make, and pursuing an Occupational Therapy Degree from the University of Southern Maine is no exception. With the growing demand for qualified occupational therapists, this degree not only equips you with essential skills but also promises a significant return on investment (ROI).

The University of Southern Maine (USM) offers a comprehensive curriculum that prepares students for a rewarding career in occupational therapy. Graduates benefit from hands-on experience, dedicated faculty, and access to valuable resources that enhance their learning journey. This robust educational foundation translates to higher earning potential and job stability in the field.

According to the U.S. Bureau of Labor Statistics, occupational therapy is expected to grow by 18% from 2018 to 2028, much faster than the average for all occupations. This growth translates to a plethora of job opportunities, ensuring that your degree will remain relevant and valuable in the job market.

Additionally, graduates from USM have reported competitive salaries, with many starting their careers in the high $50,000s to low $70,000s annually. As you gain experience, your earning potential increases significantly, with many occupational therapists earning upwards of $90,000 a year.

Moreover, the investment in your education at USM extends beyond just financial returns; it also includes the personal satisfaction of making a difference in people's lives. As an occupational therapist, you will help individuals improve their daily living and working skills, enhancing their quality of life.

In conclusion, obtaining an Occupational Therapy Degree from the University of Southern Maine not only prepares you for a fulfilling career but also offers a substantial return on investment. With strong job prospects, competitive salaries, and the opportunity to make a meaningful impact in your community, your choice to study at USM 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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