Physical Therapy Degree from University of South Dakota Return on Investment

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

F D C B A
Approximate Total Payment $148,984
Approximate Total Interest $42,168
Monthly Payment $1034.61
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 university of south dakota

Physical therapists

Projection Rating: C

Median Annual Wage: $99,710

Percentage of Paycheck to Repay: 24.90%-18.53%

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: 12.88%-9.59%

Employment Change: 16.8%

Entry-Level Education: Master's degree

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Investing in a Physical Therapy degree from the University of South Dakota (USD) can yield significant returns, both professionally and financially. As the demand for skilled physical therapists continues to rise, graduates of USD are well-positioned to embark on rewarding careers in various healthcare settings.

One of the key factors contributing to the high return on investment (ROI) of a Physical Therapy degree from USD is the program's comprehensive curriculum, which combines rigorous academic training with hands-on clinical experience. Students benefit from state-of-the-art facilities and access to experienced faculty, ensuring they are well-prepared for the challenges of the profession.

According to the U.S. 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 growth translates to an increasing number of job opportunities and competitive salaries for graduates. The average annual salary for physical therapists in South Dakota is competitive, allowing graduates to quickly recoup their educational expenses.

Moreover, USD's strong connections with local healthcare providers and rehabilitation centers facilitate valuable networking opportunities and internships, further enhancing the employability of its graduates. Many alumni have reported securing positions shortly after graduation, underscoring the effectiveness of the university's career services and job placement support.

In addition to the financial benefits, earning a Physical Therapy degree from USD provides the opportunity to make a meaningful impact on patients' lives. Physical therapists play a crucial role in helping individuals recover from injuries, manage chronic pain, and improve their overall quality of life. This intrinsic reward adds to the value of the degree, making it a worthwhile investment for those passionate about healthcare.

In conclusion, a Physical Therapy degree from the University of South Dakota offers an impressive return on investment through strong job prospects, competitive salaries, and the opportunity to make a positive difference in the community. With the right education and training, you can embark on a fulfilling career that combines financial stability with personal satisfaction.

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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