Health Information, Medical Records Administration Degree from Grand Valley State University Return on Investment

See what the return on investment is for jobs that someone with a Health Information, Medical Records Administration degree from Grand Valley State University is likely to work in.

F D C B A
Approximate Total Payment $110,478
Approximate Total Interest $31,269
Monthly Payment $767.21
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 information, medical records administration from grand valley state university

Health information technologists and medical registrars

Projection Rating: B

Median Annual Wage: $62,990

Percentage of Paycheck to Repay: 14.62%-10.88%

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: 18.87%-14.04%

Employment Change: 16.7%

Entry-Level Education: Postsecondary nondegree award

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Are you considering a degree in Health Information and Medical Records Administration from Grand Valley State University? Understanding the return on investment (ROI) of your education is crucial for making informed decisions about your future. This program not only equips you with essential skills in managing health information systems but also opens the door to a rewarding career in the rapidly growing healthcare sector.

The ROI for a degree in Health Information and Medical Records Administration is substantial. Graduates from Grand Valley State University often secure positions in hospitals, clinics, and health organizations where they play a vital role in ensuring the accuracy and confidentiality of patient records. According to recent statistics, professionals in this field can expect competitive salaries, with the potential for growth as the demand for qualified health information managers continues to rise.

Investing in your education at Grand Valley State University means you’ll benefit from a comprehensive curriculum that includes courses in health informatics, data management, and healthcare regulations. The faculty comprises experienced professionals who provide valuable insights and networking opportunities, further enhancing your career prospects.

Furthermore, the university’s strong connections with local healthcare organizations can lead to internships and job placements, significantly boosting your employability upon graduation. With a degree from Grand Valley State University, not only will you gain knowledge and skills, but you'll also build a professional network that can help you advance in your career.

In summary, pursuing a Health Information and Medical Records Administration degree at Grand Valley State University is a smart investment in your future. With the combination of a solid education, a supportive network, and a growing job market, you can expect a generous return on your investment, both financially and professionally. Take the first step towards a fulfilling career in healthcare today!

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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