Health and Medical Administrative Services Degree from University of Alabama at Birmingham Return on Investment
See what the return on investment is for jobs that someone with a Health and Medical Administrative Services degree from University of Alabama at Birmingham is likely to work in.
Top job projections for graduates in health and medical administrative services from university of alabama at birmingham
Medical and health services managers
Projection Rating: A-
Median Annual Wage: $110,680
Percentage of Paycheck to Repay: 7.83%-5.83%
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: 21.32%-15.87%
Employment Change: 41.3%
Entry-Level Education: High school diploma or equivalent
Investing in your education is a crucial step toward a successful career, and a Health and Medical Administrative Services degree from the University of Alabama at Birmingham (UAB) offers a compelling return on investment (ROI). With the healthcare sector experiencing rapid growth, professionals equipped with the skills and knowledge from UAB are in high demand.
The UAB Health and Medical Administrative Services program combines theoretical knowledge with practical experience, preparing students for various roles within healthcare management. Graduates benefit from the university's strong connections with local healthcare institutions, providing valuable networking opportunities and potential job placements right after graduation.
One of the key indicators of ROI is the earning potential of graduates. According to recent statistics, UAB graduates in health administration typically see starting salaries that are significantly above the national average for similar positions. As they gain experience, many professionals in this field can expect salary increases that reflect the growing responsibilities and complexities of healthcare management.
Furthermore, the demand for healthcare administrators is projected to grow substantially over the next decade, driven by an aging population and the need for efficient health services. This trend indicates a stable job market for graduates, enhancing the long-term value of their degree.
In addition to strong earning potential and job security, UAB provides an exceptional educational experience. The faculty comprises industry experts who bring real-world insights into the classroom, ensuring that students are equipped with the latest knowledge and skills needed to thrive in the healthcare environment.
UAB also prioritizes student support, offering career services, mentorship programs, and internship opportunities that further contribute to the overall ROI of the Health and Medical Administrative Services degree. These resources empower students to make informed career choices and build a strong foundation for their professional journey.
In conclusion, pursuing a Health and Medical Administrative Services degree from the University of Alabama at Birmingham not only equips you with essential skills but also offers an excellent return on investment. With high earning potential, strong job growth prospects, and comprehensive support throughout your education, this degree is a valuable asset for anyone looking to make a meaningful impact in the healthcare sector.
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.