Health Information, Medical Records Administration Degree from Southwestern Oklahoma State University Return on Investment
See what the return on investment is for jobs that someone with a Health Information, Medical Records Administration degree from Southwestern Oklahoma State University is likely to work in.
Top job projections for graduates in health information, medical records administration from southwestern oklahoma state university
Health information technologists and medical registrars
Projection Rating: B+
Median Annual Wage: $62,990
Percentage of Paycheck to Repay: 11.38%-8.47%
Employment Change: 6.4%
Entry-Level Education: Associate's degree
Medical records specialists
Projection Rating: B
Median Annual Wage: $48,780
Percentage of Paycheck to Repay: 14.70%-10.94%
Employment Change: 16.7%
Entry-Level Education: Postsecondary nondegree award
Investing in a degree in Health Information and Medical Records Administration from Southwestern Oklahoma State University (SWOSU) is not just a commitment to education; it’s a strategic move towards a fulfilling career in the ever-growing healthcare industry. With the increasing demand for skilled professionals in health information management, pursuing this degree offers significant returns on investment (ROI) that can enhance both your professional trajectory and financial stability.
One of the primary benefits of obtaining a degree in this field is the robust job market. The U.S. Bureau of Labor Statistics predicts a steady increase in employment opportunities for health information professionals, with job growth projected at 8% through 2030. This trend translates into a high demand for graduates from SWOSU, positioning them favorably in the job market.
Moreover, the earning potential for individuals in health information management is substantial. Graduates can expect competitive salaries, with entry-level positions starting around $50,000 annually. With experience and advanced certifications, salaries can soar above $100,000, showcasing a clear path for financial advancement.
SWOSU’s program is designed to equip students with the essential skills needed to excel in health information management. The curriculum covers critical areas such as health data management, healthcare regulations, and information technology, ensuring graduates are well-prepared for the challenges of the healthcare sector. Additionally, the university's strong network and partnerships with local healthcare providers facilitate internships and job placements, further enhancing the ROI of your education.
Furthermore, the flexibility of online and on-campus learning options at SWOSU enables students to pursue their degree without sacrificing their current employment or personal commitments. This adaptability not only makes higher education accessible but also allows for the possibility of earning while you learn, further boosting your financial return.
In conclusion, a degree in Health Information and Medical Records Administration from Southwestern Oklahoma State University represents a sound investment in your future. The combination of a robust job market, high earning potential, and comprehensive education ensures that graduates can achieve a significant return on their investment, paving the way for a successful and rewarding career in healthcare.
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.