Physical Therapy Degree from Alabama State University Return on Investment

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

F D C B A
Approximate Total Payment $137,554
Approximate Total Interest $38,932
Monthly Payment $955.24
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 physical therapy from alabama state university

Physical therapists

Projection Rating: C

Median Annual Wage: $99,710

Percentage of Paycheck to Repay: 22.99%-17.11%

Employment Change: 36.8%

Entry-Level Education: Doctoral or professional degree

Occupational therapists

Projection Rating: B+

Median Annual Wage: $96,370

Percentage of Paycheck to Repay: 11.89%-8.85%

Employment Change: 16.8%

Entry-Level Education: Master's degree

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When considering a Physical Therapy Degree from Alabama State University, one of the most critical factors to evaluate is the return on investment (ROI). Investing in your education is a significant decision, and understanding the potential financial benefits of earning a degree in physical therapy can help you make an informed choice.

Alabama State University offers a comprehensive curriculum that prepares students for a rewarding career in physical therapy. Graduates are equipped with the necessary skills and knowledge to excel in various healthcare settings, including hospitals, rehabilitation centers, and private practices. This degree not only opens doors to numerous job opportunities but also positions graduates for competitive salaries.

According to recent data, physical therapists in Alabama can expect to earn an average salary of around $80,000 per year, with the potential for even higher earnings depending on experience, specialization, and location. Graduating with a degree from a reputable institution like Alabama State University enhances your employability and can lead to quicker job placement, significantly boosting your ROI.

Furthermore, the demand for physical therapists continues to grow, driven by an aging population and an increasing emphasis on rehabilitation services. The U.S. Bureau of Labor Statistics projects a 22% job growth rate for physical therapists over the next decade, indicating a robust job market for graduates. This growing demand translates to greater job security and opportunities for career advancement.

In addition to salary and job prospects, investing in a physical therapy degree also offers personal rewards. As a physical therapist, you will have the chance to make a meaningful impact on patients' lives, helping them recover from injuries, manage chronic pain, and improve their overall quality of life. This fulfilling career path not only provides financial stability but also the satisfaction of contributing positively to your community.

In conclusion, obtaining a Physical Therapy Degree from Alabama State University is a strategic investment in your future. With strong earning potential, a growing job market, and the ability to make a difference in people's lives, the return on investment for this degree is substantial. Start your journey toward a rewarding career in physical therapy today!

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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