Health Information, Medical Records Administration Degree from Davidson County Community College Return on Investment

See what the return on investment is for jobs that someone with a Health Information, Medical Records Administration degree from Davidson County Community College is likely to work in.

F D C B A
Approximate Total Payment $64,682
Approximate Total Interest $18,307
Monthly Payment $449.18
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 information, medical records administration from davidson county community college

Health information technologists and medical registrars

Projection Rating: A-

Median Annual Wage: $62,990

Percentage of Paycheck to Repay: 8.56%-6.37%

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: 11.05%-8.22%

Employment Change: 16.7%

Entry-Level Education: Postsecondary nondegree award

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Investing in your education is a significant decision, especially when considering a degree in Health Information and Medical Records Administration from Davidson County Community College (DCCC). This program not only equips you with the essential skills needed to thrive in the healthcare industry but also offers a substantial return on investment (ROI) that can enhance your career prospects and earning potential.

With the growing demand for healthcare professionals, particularly in health information management, graduates from DCCC find themselves well-positioned in a competitive job market. The curriculum focuses on vital areas such as health data management, electronic health records (EHR), and compliance with healthcare regulations, ensuring that you are prepared for the challenges of today's healthcare environment.

One of the key components of the ROI for this degree is the potential salary increase. According to industry reports, individuals with a degree in Health Information Management can earn significantly higher salaries compared to their peers without this qualification. In fact, many graduates land positions as health information technicians, medical coders, or health data analysts, with salaries that often exceed $60,000 annually.

Moreover, DCCC’s strong connections with local healthcare facilities provide students with invaluable internship opportunities. These experiences not only enhance your resume but also facilitate networking with potential employers, further increasing your chances of employment after graduation.

Another aspect of the ROI from a DCCC degree is the flexibility and career advancement opportunities it affords. As the healthcare field continues to evolve, professionals in health information management are often presented with pathways to advance into management roles, leading to even higher salaries and job security.

In conclusion, pursuing a Health Information and Medical Records Administration degree from Davidson County Community College is a smart investment in your future. With a comprehensive educational foundation, strong job market prospects, and the potential for lucrative career advancement, you can expect a favorable return on your investment that pays dividends throughout your professional life.

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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