Pharmacy Degree from Drake University Return on Investment

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

F D C B A
Approximate Total Payment $223,210
Approximate Total Interest $63,176
Monthly Payment $1550.07
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 pharmacy from drake university

Pharmacists

Projection Rating: F+

Median Annual Wage: $136,030

Percentage of Paycheck to Repay: 41.02%-30.52%

Employment Change: 18.3%

Entry-Level Education: Doctoral or professional degree

Pharmacy technicians

Projection Rating: F-

Median Annual Wage: $40,300

Percentage of Paycheck to Repay: 46.16%-34.34%

Employment Change: 33.3%

Entry-Level Education: High school diploma or equivalent

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When considering a Pharmacy degree, one of the most critical factors to evaluate is the return on investment (ROI). Drake University offers a comprehensive Pharmacy program that not only equips students with the necessary skills and knowledge but also presents a favorable ROI for graduates.

Investing in a Pharmacy degree from Drake University means you are investing in your future. Graduates from Drake are highly sought after by employers due to the university's strong reputation and rigorous curriculum. The program provides hands-on experience, state-of-the-art facilities, and access to renowned faculty, all of which enhance the educational experience and prepare students for successful careers in pharmacy.

Financially, the ROI of a Pharmacy degree from Drake is compelling. According to recent statistics, pharmacy graduates can expect to earn a competitive salary, often exceeding six figures shortly after graduation. Additionally, the demand for pharmacists continues to grow, leading to job security and numerous employment opportunities across various healthcare settings.

Furthermore, Drake University offers various financial aid options, scholarships, and flexible payment plans, making it more accessible for students to fund their education. By minimizing student debt, graduates can maximize their ROI even further.

In conclusion, pursuing a Pharmacy degree from Drake University is not just an academic choice; it’s a strategic financial decision. With a strong job market, competitive salaries, and a supportive educational environment, the ROI of a Drake Pharmacy degree is significant, making it a smart 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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