Physical Therapy Degree from Central Michigan University Return on Investment

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

F D C B A
Approximate Total Payment $165,119
Approximate Total Interest $46,734
Monthly Payment $1146.66
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 central michigan university

Physical therapists

Projection Rating: C-

Median Annual Wage: $99,710

Percentage of Paycheck to Repay: 27.60%-20.54%

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: 14.28%-10.62%

Employment Change: 16.8%

Entry-Level Education: Master's degree

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Investing in a Physical Therapy Degree from Central Michigan University (CMU) offers a substantial return on investment (ROI) for aspiring healthcare professionals. With a growing demand for physical therapists across the nation, graduates from CMU find themselves well-positioned in a lucrative job market.

One of the key factors contributing to the impressive ROI of a Physical Therapy Degree from CMU is the university’s strong reputation and comprehensive curriculum. CMU's program is designed to equip students with the necessary skills and knowledge to excel in the field, emphasizing hands-on clinical experience alongside rigorous academic training. This blend ensures that graduates are not only competitive but also highly sought after by employers.

Financially, the investment in a CMU physical therapy education pays off significantly. According to recent statistics, physical therapists can earn a starting salary well above the national average, with potential for substantial increases as they gain experience and specialize in various areas of practice. Furthermore, the job outlook for physical therapists remains positive, with a projected growth rate of over 20% in the coming years, making this field one of the most stable and rewarding career paths available.

In addition to salary potential, students at CMU benefit from a network of alumni and industry connections that can lead to job placements and internships. The university’s career services are committed to helping students navigate the job market, ensuring that graduates are prepared to enter the workforce with confidence.

Choosing to pursue a Physical Therapy Degree from Central Michigan University is not just an academic decision; it is a strategic career move that promises a solid return on investment. With a combination of robust educational support, strong job placement rates, and a thriving job market, CMU graduates are prepared to make a meaningful impact in the lives of their patients while enjoying a rewarding and financially stable career.

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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