Health Care Administration Degree from University of Massachusetts – Dartmouth Return on Investment
See what the return on investment is for jobs that someone with a Health Care Administration degree from University of Massachusetts – Dartmouth is likely to work in.
Top job projections for graduates in health care administration from university of massachusetts - dartmouth
Medical and health services managers
Projection Rating: A-
Median Annual Wage: $110,680
Percentage of Paycheck to Repay: 9.15%-6.81%
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: 24.14%-17.96%
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: 21.02%-15.64%
Employment Change: 8.3%
Entry-Level Education: High school diploma or equivalent
The decision to pursue a Health Care Administration degree from the University of Massachusetts – Dartmouth is not just about gaining knowledge; it’s a strategic investment in your future. With the healthcare industry continuously evolving, the demand for skilled administrators is at an all-time high. Here’s a breakdown of the return on investment (ROI) you can expect from this degree.
First and foremost, UMass Dartmouth’s Health Care Administration program is designed to equip you with the essential skills and knowledge needed to excel in various healthcare settings. Graduates are trained in leadership, finance, and policy-making, ensuring they are well-prepared to navigate the complexities of the healthcare system. This comprehensive curriculum is backed by faculty who are industry experts, providing you with insights that go beyond textbook learning.
One of the most significant benefits of earning your degree from UMass Dartmouth is the strong employment prospects that follow. According to the Bureau of Labor Statistics, jobs in health services management are projected to grow by 32% from 2019 to 2029, much faster than the average for all occupations. Graduates from UMass Dartmouth have a competitive edge, with many securing positions in hospitals, clinics, and government agencies shortly after graduation.
Financially, the ROI of a Health Care Administration degree is compelling. The median annual wage for medical and health services managers was approximately $104,280 in 2020. With an initial investment in your education, the potential for a lucrative salary and career advancement opportunities is significant. Many alumni report salary increases and promotions within just a few years of entering the workforce.
Additionally, UMass Dartmouth offers various resources to help students transition from education to professional life. Career services, networking opportunities, and internship placements are all part of the support system designed to enhance your employability and ensure your investment pays off.
In conclusion, pursuing a Health Care Administration degree from the University of Massachusetts – Dartmouth is a wise investment that offers substantial returns in terms of career opportunities, salary potential, and personal growth. By choosing this program, you’re not just earning a degree; you’re paving the way for a successful and fulfilling career in the thriving healthcare industry.
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.