Physical Therapy Technician Degree from New England Institute of Technology Return on Investment

See what the return on investment is for jobs that someone with a Physical Therapy Technician degree from New England Institute of Technology is likely to work in.

F D C B A
Approximate Total Payment $157,933
Approximate Total Interest $44,700
Monthly Payment $1096.76
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 technician from new england institute of technology

Physical therapist assistants

Projection Rating: C+

Median Annual Wage: $64,080

Percentage of Paycheck to Repay: 20.54%-15.28%

Employment Change: 27.5%

Entry-Level Education: Associate's degree

Physical therapist aides

Projection Rating: D-

Median Annual Wage: $33,520

Percentage of Paycheck to Repay: 39.26%-29.22%

Employment Change: 1.3%

Entry-Level Education: High school diploma or equivalent

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The Physical Therapy Technician Degree from New England Institute of Technology (NEIT) offers students an exceptional opportunity to enter a growing field with strong job prospects and competitive salaries. When considering your educational investment, understanding the return on investment (ROI) of this degree is crucial for making an informed decision about your future.

With a Physical Therapy Technician degree, graduates can expect to enter a workforce that is in high demand. The U.S. Bureau of Labor Statistics projects that employment for physical therapist assistants and aides will grow significantly in the coming years, driven by an aging population and increased emphasis on rehabilitation services. This demand translates into job security and ample opportunities for career advancement.

Moreover, NEIT's focused curriculum equips students with the necessary skills and practical experience to excel in the field. The program emphasizes hands-on training, ensuring that graduates are well-prepared to meet the needs of employers. This practical approach not only enhances employability but also allows graduates to command higher starting salaries compared to their peers from other institutions.

In terms of financial ROI, the cost of obtaining a Physical Therapy Technician Degree at NEIT is competitive when compared to potential earnings. Graduates can expect to earn a substantial income right out of school, often recouping their educational expenses within a few years of employment. Additionally, many employers offer benefits such as tuition reimbursement for continuing education, further enhancing the value of this degree.

Investing in a Physical Therapy Technician Degree from NEIT is not just about acquiring a diploma; it’s about securing a fruitful career in a field that positively impacts the lives of others. With strong job growth, competitive salaries, and comprehensive training, the ROI of this degree is compelling and well worth considering for anyone interested in pursuing a rewarding career in healthcare.

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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