Health Care Administration Degree from University of North Dakota Return on Investment

See what the return on investment is for jobs that someone with a Health Care Administration degree from University of North Dakota is likely to work in.

F D C B A
Approximate Total Payment $102,404
Approximate Total Interest $28,984
Monthly Payment $711.14
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 care administration from university of north dakota

Medical and health services managers

Projection Rating: A-

Median Annual Wage: $110,680

Percentage of Paycheck to Repay: 7.71%-5.74%

Employment Change: 160.6%

Entry-Level Education: Bachelor's degree

Healthcare social workers

Projection Rating: C+

Median Annual Wage: $62,940

Percentage of Paycheck to Repay: 20.34%-15.13%

Employment Change: 18.7%

Entry-Level Education: Master's degree

Community health workers

Projection Rating: B-

Median Annual Wage: $48,200

Percentage of Paycheck to Repay: 17.70%-13.17%

Employment Change: 8.3%

Entry-Level Education: High school diploma or equivalent

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Investing in your education is a significant decision, and pursuing a Health Care Administration degree from the University of North Dakota (UND) is an investment that can yield substantial returns. With the healthcare industry continually evolving, skilled professionals are in high demand, making this degree a valuable asset.

One of the primary benefits of obtaining a Health Care Administration degree from UND is the competitive salary potential. Graduates often find themselves in leadership positions, overseeing healthcare facilities, managing budgets, and ensuring compliance with regulations. According to industry reports, individuals with a degree in health care administration can earn a median salary significantly higher than the national average, with opportunities for advancement leading to even greater financial rewards.

Moreover, the University of North Dakota offers a comprehensive curriculum that combines theoretical knowledge with practical experience. Students engage in hands-on learning through internships and projects, enhancing their employability upon graduation. This real-world experience not only boosts confidence but also equips graduates with the skills necessary to excel in various healthcare settings.

Additionally, the health care sector is projected to grow rapidly in the coming years. According to the U.S. Bureau of Labor Statistics, jobs in health care administration are expected to increase by 32% from 2019 to 2029, much faster than the average for all occupations. This growth translates into a wealth of job opportunities, providing graduates with the flexibility to choose positions that align with their interests and career goals.

Furthermore, UND's Health Care Administration program is designed to be accessible and accommodating for busy professionals. With options for online learning and flexible scheduling, students can balance their education with work and personal commitments. This flexibility contributes to a higher graduation rate, ensuring that students can successfully complete their degrees and enter the workforce sooner.

In conclusion, pursuing a Health Care Administration degree from the University of North Dakota offers an impressive return on investment. With strong earning potential, a growing job market, and a robust educational experience, this degree is not just a credential; it’s a pathway to a rewarding career in one of the most critical sectors of the economy. Take the next step in your career and explore the opportunities that await you with a degree from UND.

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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