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

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

F D C B A
Approximate Total Payment $263,802
Approximate Total Interest $74,665
Monthly Payment $1831.96
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 saint louis university

Health information technologists and medical registrars

Projection Rating: D

Median Annual Wage: $62,990

Percentage of Paycheck to Repay: 34.90%-25.97%

Employment Change: 6.4%

Entry-Level Education: Associate's degree

Medical records specialists

Projection Rating: F-

Median Annual Wage: $48,780

Percentage of Paycheck to Repay: 45.07%-33.53%

Employment Change: 16.7%

Entry-Level Education: Postsecondary nondegree award

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If you're considering a degree in Health Information and Medical Records Administration from Saint Louis University, understanding the return on investment (ROI) is crucial. This program equips you with the skills to manage patient data effectively, ensuring compliance with healthcare regulations while improving the overall efficiency of healthcare delivery.

Graduates of this program are in high demand, as healthcare organizations increasingly seek skilled professionals to navigate the complexities of health information management. With a degree from Saint Louis University, you position yourself for lucrative career opportunities in hospitals, clinics, insurance companies, and private practices.

According to recent data, the average salary for health information managers is competitive, with many earning upwards of $80,000 annually. In addition to competitive salaries, the job market for health information professionals is projected to grow significantly over the next decade, making this degree a smart investment for your future.

Saint Louis University's comprehensive curriculum not only covers the essential aspects of health information management but also provides hands-on experiences and networking opportunities that can enhance your employability. With a focus on real-world applications, you'll graduate with the knowledge and skills necessary to excel in a rapidly evolving field.

Furthermore, the university's strong reputation and extensive alumni network can open doors to valuable connections in the healthcare industry, further amplifying your career prospects. When you weigh the costs of tuition against the potential earnings and job stability, it's clear that a degree in Health Information and Medical Records Administration from Saint Louis University offers a substantial return on your investment.

In conclusion, pursuing a degree in Health Information and Medical Records Administration at Saint Louis University not only prepares you for a rewarding career in a growing field but also promises a strong return on investment through competitive salaries and job stability. Take the first step towards a fulfilling career and invest in your future today!

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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