Health Information, Medical Records Administration Degree from Temple University Return on Investment

See what the return on investment is for jobs that someone with a Health Information, Medical Records Administration degree from Temple University is likely to work in.

F D C B A
Approximate Total Payment $137,181
Approximate Total Interest $38,827
Monthly Payment $952.64
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 health information, medical records administration from temple university

Health information technologists and medical registrars

Projection Rating: B-

Median Annual Wage: $62,990

Percentage of Paycheck to Repay: 18.15%-13.50%

Employment Change: 6.4%

Entry-Level Education: Associate's degree

Medical records specialists

Projection Rating: C

Median Annual Wage: $48,780

Percentage of Paycheck to Repay: 23.44%-17.44%

Employment Change: 16.7%

Entry-Level Education: Postsecondary nondegree award

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Investing in your education is a significant decision, especially in the dynamic field of healthcare. A Health Information, Medical Records Administration Degree from Temple University offers not only comprehensive knowledge but also a promising return on investment (ROI). As healthcare continues to evolve, the demand for skilled professionals who can manage and protect patient information is skyrocketing.

Temple University’s program equips students with the skills necessary to excel in health information management, including data analysis, coding, compliance, and healthcare technologies. Graduates are prepared to enter a workforce that is increasingly reliant on accurate medical records and data management. This degree opens doors to various career opportunities in hospitals, clinics, and health information systems.

When considering ROI, it’s important to look at both the financial and professional benefits. According to recent studies, health information management professionals can expect competitive salaries, often exceeding $80,000 annually, depending on their role and experience. Moreover, the Bureau of Labor Statistics projects a robust job growth rate for health information managers, making it a secure career choice.

Temple University not only provides a solid academic foundation but also offers valuable networking opportunities through internships and partnerships with healthcare organizations. This experience can lead to job placements and career advancement, further enhancing your ROI.

In summary, a Health Information, Medical Records Administration Degree from Temple University is more than just an educational credential; it’s a strategic investment in your future. With a high potential for earnings, job stability, and professional growth, this degree is an excellent choice for those looking to make a significant impact in the healthcare sector.

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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