Health Care Administration Degree from Minnesota State University Moorhead Return on Investment
See what the return on investment is for jobs that someone with a Health Care Administration degree from Minnesota State University Moorhead is likely to work in.
Top job projections for graduates in health care administration from minnesota state university moorhead
Medical and health services managers
Projection Rating: A-
Median Annual Wage: $110,680
Percentage of Paycheck to Repay: 7.09%-5.28%
Employment Change: 160.6%
Entry-Level Education: Bachelor's degree
Healthcare social workers
Projection Rating: B-
Median Annual Wage: $62,940
Percentage of Paycheck to Repay: 18.71%-13.92%
Employment Change: 18.7%
Entry-Level Education: Master's degree
Community health workers
Projection Rating: B-
Median Annual Wage: $48,200
Percentage of Paycheck to Repay: 16.29%-12.12%
Employment Change: 8.3%
Entry-Level Education: High school diploma or equivalent
The decision to pursue a Health Care Administration degree from Minnesota State University Moorhead (MSUM) is not just an investment in education, but also a strategic move towards a rewarding career in the healthcare sector. As the healthcare industry continues to expand, professionals with the right qualifications are in high demand, making this degree a valuable asset.
One of the most compelling reasons to consider the Health Care Administration program at MSUM is its strong return on investment (ROI). Graduates often find themselves stepping into roles that offer competitive salaries and ample opportunities for advancement. According to recent data, individuals with a degree in health care administration can expect to earn significantly higher salaries compared to those with only a high school diploma or less.
The program at MSUM provides students with a comprehensive curriculum that encompasses essential topics such as healthcare policy, management principles, and financial analysis. This robust educational foundation prepares graduates for various positions within hospitals, clinics, and healthcare organizations, ensuring they are well-equipped to meet the challenges of the industry.
Moreover, MSUM boasts a strong network of alumni who are actively engaged in the healthcare field, providing current students with valuable connections and mentorship opportunities. This network can be instrumental in securing internships and job placements, further enhancing the ROI of your degree.
Additionally, the cost of attending Minnesota State University Moorhead is relatively affordable compared to other institutions. With a focus on providing quality education at a reasonable price, students can graduate with less debt, increasing their overall ROI.
In summary, pursuing a Health Care Administration degree from Minnesota State University Moorhead is a smart investment for those looking to enter a lucrative and growing field. With strong earning potential, a comprehensive education, and extensive networking opportunities, graduates can expect their degree to pay dividends throughout their careers.
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.