Physical Therapy Degree from Mount Saint Joseph University Return on Investment
See what the return on investment is for jobs that someone with a Physical Therapy degree from Mount Saint Joseph University is likely to work in.
Top job projections for graduates in physical therapy from mount saint joseph university
Physical therapists
Projection Rating: F+
Median Annual Wage: $99,710
Percentage of Paycheck to Repay: 41.45%-30.85%
Employment Change: 36.8%
Entry-Level Education: Doctoral or professional degree
Occupational therapists
Projection Rating: C+
Median Annual Wage: $96,370
Percentage of Paycheck to Repay: 21.45%-15.96%
Employment Change: 16.8%
Entry-Level Education: Master's degree
The pursuit of a Physical Therapy degree from Mount Saint Joseph University (MSJ) is not merely an educational journey; it’s an investment in your future. With a strong emphasis on hands-on training and clinical experience, MSJ prepares students to excel in the dynamic field of physical therapy. But what does this degree mean for your financial future? Let's explore the return on investment (ROI) associated with earning a Physical Therapy degree from MSJ.
Firstly, the demand for physical therapists is on the rise. According to the Bureau of Labor Statistics, the employment of physical therapists is projected to grow by 22% from 2020 to 2030, much faster than the average for all occupations. This surge in demand translates into a wealth of job opportunities for graduates, providing a solid foundation for a successful career.
Graduates of the Physical Therapy program at MSJ are equipped with the skills and knowledge necessary to thrive in various healthcare settings. The university's commitment to clinical education ensures that students gain invaluable experience, making them highly competitive in the job market. This competitive edge can lead to higher starting salaries and increased job security, further enhancing the ROI of your degree.
Additionally, the financial benefits of a Physical Therapy degree extend beyond initial salaries. Physical therapists often have the potential to earn substantial salaries as they gain experience and specialize in specific areas of practice. According to recent salary surveys, the median annual wage for physical therapists can exceed $85,000, and experienced professionals in specialized fields can earn even more. This potential for salary growth significantly boosts the ROI of investing in your education at MSJ.
Moreover, MSJ offers a supportive network of alumni and industry connections that can facilitate job placement and career advancement. The university's reputation for academic excellence and its strong ties to local healthcare providers enhance the prospects for graduates, making the transition from student to professional smoother and more successful.
In summary, earning a Physical Therapy degree from Mount Saint Joseph University represents a significant return on investment. With increasing job demand, competitive salaries, and a robust support network, graduates are well-positioned to achieve financial success and personal fulfillment in their careers. If you're considering a rewarding career in healthcare, MSJ's Physical Therapy program could be the key to unlocking 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.