Medical Clinical Assistant Degree from Davenport University Return on Investment

See what the return on investment is for jobs that someone with a Medical Clinical Assistant degree from Davenport University is likely to work in.

F D C B A
Approximate Total Payment $126,490
Approximate Total Interest $35,801
Monthly Payment $878.40
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 medical clinical assistant from davenport university

Medical assistants

Projection Rating: C-

Median Annual Wage: $42,000

Percentage of Paycheck to Repay: 25.10%-18.67%

Employment Change: 118%

Entry-Level Education: Postsecondary nondegree award

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The decision to pursue a Medical Clinical Assistant Degree from Davenport University is not just an investment in education, but also a strategic step towards a rewarding career in healthcare. Understanding the return on investment (ROI) of this degree is crucial for prospective students who want to ensure their educational choices align with their financial and career goals.

One of the most compelling aspects of the Medical Clinical Assistant program at Davenport University is its comprehensive curriculum, designed to equip students with essential skills in patient care, administrative tasks, and clinical procedures. Graduates emerge prepared to meet the demands of various healthcare settings, including hospitals, clinics, and private practices. This versatility enhances employability and opens doors to diverse career opportunities.

In terms of financial ROI, the demand for skilled medical assistants continues to rise, with the U.S. Bureau of Labor Statistics projecting a growth rate of 19% from 2019 to 2029. This translates to a significant number of job openings for graduates with a Medical Clinical Assistant Degree. Moreover, the average salary for medical assistants can range from $34,000 to $45,000 per year, depending on location and experience, providing a solid return on your educational investment.

Davenport University also offers hands-on training and internship opportunities, allowing students to gain real-world experience before graduation. This practical exposure not only enhances learning but also strengthens resumes, making graduates more attractive to potential employers. Additionally, the university's strong network of industry connections can facilitate job placements, further increasing the ROI of your degree.

When considering the overall cost of education, including tuition, textbooks, and other expenses, it's essential to weigh these against potential earnings and job security. Davenport University is committed to providing financial aid options, scholarships, and flexible learning formats, making it accessible for students from various backgrounds. This commitment ensures that students can focus more on their studies and less on financial burdens, ultimately enhancing their ROI.

In conclusion, the Medical Clinical Assistant Degree from Davenport University not only offers a pathway to a fulfilling career in healthcare but also promises a favorable return on investment. With a robust job market, competitive salaries, and opportunities for practical experience, this degree is a wise choice for those looking to make a significant impact in the healthcare industry while securing a stable financial future.

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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