Earning your Pharm.D. degree comes with a significant financial expense, as does any professional degree. Considering the earning power for pharmacists, however, and a bright future for the job market, a pharmacy degree is a wise investment.
According to the Bureau of Labor Statistics (BLS), the median salary for a pharmacist was $121,500 in 2015 – top among health care careers. And the demand for trained pharmacists has increased in recent years due to the rapid growth of the health care and pharmaceutical industries. The BLS projects 14 percent employment growth by 2022, with 41,400 new pharmacist jobs.
Federal aid is available to those who qualify, as well as other sources of financial aid. Students are encouraged to pursue student loans and not rely on scholarships to pay for tuition.