Health Information, Medical Records Administration Degree from Arkansas Tech University Return on Investment
See what the return on investment is for jobs that someone with a Health Information, Medical Records Administration degree from Arkansas Tech University is likely to work in.
Top job projections for graduates in health information, medical records administration from arkansas tech university
Health information technologists and medical registrars
Projection Rating: B+
Median Annual Wage: $62,990
Percentage of Paycheck to Repay: 11.02%-8.20%
Employment Change: 6.4%
Entry-Level Education: Associate's degree
Medical records specialists
Projection Rating: B
Median Annual Wage: $48,780
Percentage of Paycheck to Repay: 14.23%-10.59%
Employment Change: 16.7%
Entry-Level Education: Postsecondary nondegree award
Investing in your education can yield significant returns, especially when it comes to pursuing a degree in Health Information and Medical Records Administration from Arkansas Tech University. This program not only equips students with essential skills in healthcare data management but also opens doors to a prosperous career in a rapidly growing field.
The return on investment (ROI) for graduates in this discipline is notable. As the healthcare industry increasingly relies on accurate and efficient data management, the demand for qualified professionals continues to rise. With a degree from Arkansas Tech University, you’ll be positioned to take advantage of this demand, often leading to lucrative job opportunities.
Graduates can expect competitive salaries, with many entry-level positions starting in the mid to high $50,000 range. As you gain experience and advance in your career, your earning potential can increase significantly, with some professionals earning upwards of $100,000 annually in managerial or specialized roles.
Moreover, Arkansas Tech University’s Health Information program emphasizes practical experience through internships and hands-on training, enhancing your employability and further contributing to a strong ROI. The university’s connections within the healthcare community can also facilitate job placements, ensuring you enter the workforce with a robust network.
In addition to financial benefits, a career in health information management offers job stability and growth potential. The Bureau of Labor Statistics predicts that employment in this field will grow much faster than the average for all occupations, driven by the ongoing digital transformation in healthcare.
Choosing to earn your degree in Health Information and Medical Records Administration from Arkansas Tech University is not just an investment in your education; it’s an investment in your future. With a combination of strong earning potential, job security, and the ability to make a meaningful impact in the healthcare industry, the ROI of this degree is both immediate and long-lasting.
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.