Health and Medical Administrative Services Degree from New England Institute of Technology Return on Investment
See what the return on investment is for jobs that someone with a Health and Medical Administrative Services degree from New England Institute of Technology is likely to work in.
Top job projections for graduates in health and medical administrative services from new england institute of technology
Medical and health services managers
Projection Rating: B+
Median Annual Wage: $110,680
Percentage of Paycheck to Repay: 11.89%-8.85%
Employment Change: 160.6%
Entry-Level Education: Bachelor's degree
Medical secretaries and administrative assistants
Projection Rating: D
Median Annual Wage: $40,640
Percentage of Paycheck to Repay: 32.38%-24.10%
Employment Change: 41.3%
Entry-Level Education: High school diploma or equivalent
The Health and Medical Administrative Services Degree from New England Institute of Technology (NEIT) offers a substantial return on investment for students aspiring to excel in the dynamic healthcare industry. With the growing demand for skilled professionals in health administration, this degree equips graduates with the necessary knowledge and skills to navigate the complexities of medical office management, patient care coordination, and healthcare regulations.
One of the primary advantages of pursuing a degree in Health and Medical Administrative Services at NEIT is the comprehensive curriculum that covers essential topics such as medical billing and coding, healthcare management, and legal aspects of healthcare. This well-rounded education not only enhances employability but also prepares graduates for various roles in hospitals, clinics, and other healthcare facilities.
In terms of financial return, graduates can expect competitive salaries. According to recent labor market data, health administrative professionals earn a median salary that significantly exceeds the national average for all occupations. The degree from NEIT also opens doors to career advancement opportunities, allowing graduates to climb the professional ladder and increase their earning potential over time.
Additionally, NEIT’s strong industry connections and dedicated career services provide students with valuable networking opportunities, internships, and job placement assistance. This support system enhances the likelihood of securing a well-paying job soon after graduation, further maximizing the return on investment.
In summary, obtaining a Health and Medical Administrative Services Degree from New England Institute of Technology represents a wise investment for those looking to build a rewarding career in healthcare. With a robust educational foundation, promising salary prospects, and strong career support, graduates can confidently enter a field that is not only lucrative but also essential to the well-being of society.
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.