Health Care Administration Degree from Molloy College Return on Investment

See what the return on investment is for jobs that someone with a Health Care Administration degree from Molloy College is likely to work in.

F D C B A
Approximate Total Payment $193,058
Approximate Total Interest $54,642
Monthly Payment $1340.68
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 care administration from molloy college

Medical and health services managers

Projection Rating: B

Median Annual Wage: $110,680

Percentage of Paycheck to Repay: 14.54%-10.82%

Employment Change: 160.6%

Entry-Level Education: Bachelor's degree

Healthcare social workers

Projection Rating: D-

Median Annual Wage: $62,940

Percentage of Paycheck to Repay: 38.34%-28.53%

Employment Change: 18.7%

Entry-Level Education: Master's degree

Community health workers

Projection Rating: D

Median Annual Wage: $48,200

Percentage of Paycheck to Repay: 33.38%-24.84%

Employment Change: 8.3%

Entry-Level Education: High school diploma or equivalent

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Investing in your education is a significant decision, and pursuing a Health Care Administration degree from Molloy College can offer a substantial return on investment (ROI). As the healthcare industry continues to grow, the demand for skilled professionals in health care administration is soaring, making this degree a valuable asset for your career.

At Molloy College, our Health Care Administration program equips students with the knowledge and skills necessary to excel in various roles within the healthcare sector. Graduates emerge with a comprehensive understanding of healthcare policies, financial management, and organizational leadership, positioning them to take on leadership roles in hospitals, clinics, and healthcare organizations.

The ROI of a Health Care Administration degree from Molloy College can be measured in several ways:

  • High Earning Potential: Graduates can expect competitive salaries, with many entry-level positions starting above the national average. As you gain experience, the potential for salary increases is significant, especially in managerial roles.
  • Job Security: The healthcare sector is one of the fastest-growing industries, and the Bureau of Labor Statistics projects that employment for healthcare administrators will grow much faster than the average for all occupations, ensuring job stability and opportunities for advancement.
  • Networking Opportunities: Molloy College offers access to a robust alumni network and connections within the healthcare industry, helping graduates secure internships and job placements that can further enhance their career prospects.
  • Skill Development: The program emphasizes real-world applications, allowing students to develop essential skills in healthcare management, policy analysis, and strategic planning, making them highly competitive in the job market.

In conclusion, a Health Care Administration degree from Molloy College not only prepares you for a fulfilling career in a vital industry but also offers a significant return on your investment. By choosing Molloy College, you're not just earning a degree; you're paving the way for a successful future in healthcare administration.

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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