Health Care Administration Degree from Southern Illinois University – Carbondale Return on Investment

See what the return on investment is for jobs that someone with a Health Care Administration degree from Southern Illinois University – Carbondale is likely to work in.

F D C B A
Approximate Total Payment $126,606
Approximate Total Interest $35,834
Monthly Payment $879.21
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 southern illinois university - carbondale

Medical and health services managers

Projection Rating: A-

Median Annual Wage: $110,680

Percentage of Paycheck to Repay: 9.53%-7.09%

Employment Change: 160.6%

Entry-Level Education: Bachelor's degree

Healthcare social workers

Projection Rating: C-

Median Annual Wage: $62,940

Percentage of Paycheck to Repay: 25.14%-18.71%

Employment Change: 18.7%

Entry-Level Education: Master's degree

Community health workers

Projection Rating: C+

Median Annual Wage: $48,200

Percentage of Paycheck to Repay: 21.89%-16.29%

Employment Change: 8.3%

Entry-Level Education: High school diploma or equivalent

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Investing in your future with a Health Care Administration degree from Southern Illinois University - Carbondale offers a significant return on investment (ROI) for aspiring healthcare professionals. This program is uniquely designed to equip students with the essential knowledge and skills needed to excel in the rapidly evolving healthcare landscape.

One of the key benefits of obtaining a Health Care Administration degree is the high demand for qualified professionals in the healthcare sector. According to recent labor statistics, careers in healthcare management are projected to grow much faster than the average for all occupations. Graduates can expect to find rewarding positions in hospitals, clinics, nursing homes, and other health-related organizations.

The ROI of a degree from Southern Illinois University - Carbondale is enhanced by the university's commitment to providing a comprehensive and practical education. Students have access to experienced faculty, state-of-the-art facilities, and valuable networking opportunities that can lead to internships and job placements. Additionally, the program emphasizes real-world applications of healthcare policy, finance, and management, ensuring that graduates are well-prepared for the challenges of the industry.

Financially, the investment in a Health Care Administration degree is often recouped quickly through competitive salaries. Graduates can anticipate starting salaries that are above the national average, with potential for significant salary increases as they gain experience and advance in their careers. Furthermore, the degree opens pathways to various leadership and administrative roles, which typically come with higher earning potentials.

In summary, the Health Care Administration degree from Southern Illinois University - Carbondale not only provides a solid foundation for a successful career in healthcare but also promises a strong return on investment. Investing in your education today can lead to a fulfilling and financially rewarding career tomorrow.

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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