Health and Medical Administrative Services Degree from Stony Brook University Return on Investment

See what the return on investment is for jobs that someone with a Health and Medical Administrative Services degree from Stony Brook University is likely to work in.

F D C B A
Approximate Total Payment $107,709
Approximate Total Interest $30,485
Monthly Payment $747.98
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 and medical administrative services from stony brook university

Medical and health services managers

Projection Rating: A-

Median Annual Wage: $110,680

Percentage of Paycheck to Repay: 8.11%-6.03%

Employment Change: 160.6%

Entry-Level Education: Bachelor's degree

Medical secretaries and administrative assistants

Projection Rating: C

Median Annual Wage: $40,640

Percentage of Paycheck to Repay: 22.09%-16.43%

Employment Change: 41.3%

Entry-Level Education: High school diploma or equivalent

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Investing in your education is a critical decision, particularly in the dynamic field of healthcare. Stony Brook University’s Health and Medical Administrative Services Degree offers not just academic excellence but also a substantial return on investment (ROI) for graduates. This program equips students with essential skills required for various roles in healthcare administration, thereby enhancing career prospects and earning potential.

According to recent data, professionals holding a degree in health and medical administration can expect to earn significantly higher salaries compared to those without a degree. Graduates of Stony Brook's program find themselves well-prepared for roles such as healthcare managers, medical office administrators, and health information technicians. The comprehensive curriculum covers vital topics such as healthcare policy, finance, and management, ensuring that students are equipped to tackle real-world challenges in the healthcare sector.

Moreover, the demand for qualified healthcare administrators is projected to grow exponentially in the coming years. The U.S. Bureau of Labor Statistics reports that employment for medical and health services managers is expected to increase by 32% from 2020 to 2030, much faster than the average for all occupations. This surge in demand translates to increased job security and opportunities for advancement for graduates of Stony Brook University.

In addition to high earning potential and job security, Stony Brook University offers a robust network of alumni and industry connections. This network can be invaluable for job placement and career advancement, further enhancing the ROI of your degree. Furthermore, the university provides resources such as career services, internships, and mentorship programs, all of which contribute to a successful transition from education to employment.

Choosing to pursue a Health and Medical Administrative Services Degree at Stony Brook University is not just an educational endeavor; it is a strategic investment in your future. With a strong foundation in healthcare administration, graduates are well-positioned to capitalize on the growing opportunities in this essential field. Experience the benefits of a well-rounded education combined with a clear path to career success and financial stability.

In conclusion, the Health and Medical Administrative Services Degree from Stony Brook University offers a compelling return on investment. With its rigorous curriculum, strong job market demand, and extensive alumni network, graduates can look forward to rewarding careers in the healthcare industry. Take the first step towards your future today by exploring this valuable degree program.

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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