Health Information, Medical Records Administration Degree from Manchester 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 Manchester Community College is likely to work in.

F D C B A
Approximate Total Payment $86,382
Approximate Total Interest $24,449
Monthly Payment $599.88
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 manchester community college

Health information technologists and medical registrars

Projection Rating: B+

Median Annual Wage: $62,990

Percentage of Paycheck to Repay: 11.43%-8.50%

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: 14.76%-10.98%

Employment Change: 16.7%

Entry-Level Education: Postsecondary nondegree award

Don't see the job you're looking for? Click here.

Investing in your education is a pivotal decision, especially when considering a degree in Health Information and Medical Records Administration from Manchester Community College. This program not only equips you with essential skills but also offers a promising return on investment (ROI) for your future career.

The demand for healthcare professionals, particularly those skilled in managing medical records and health information, continues to rise. The Bureau of Labor Statistics projects that employment in health information management will grow significantly over the next decade. By obtaining your degree from Manchester Community College, you position yourself at the forefront of this growing field.

Manchester Community College provides a comprehensive curriculum that covers vital areas such as health informatics, data management, and medical coding. Graduates emerge with a robust understanding of regulatory compliance, data privacy, and the technological tools necessary for effective health information management. This specialized knowledge directly translates into increased job opportunities and higher salary potential.

Furthermore, the cost of pursuing a degree at Manchester Community College is competitive, ensuring that you maximize your financial investment. With flexible learning options and support services, students can balance their studies with work or other commitments, making it easier to complete their education without incurring excessive debt.

Upon graduation, you can expect to enter a job market that values your expertise in health information management. Many graduates find positions in hospitals, clinics, insurance companies, and government agencies, often earning salaries that reflect the critical nature of their work. The average salary for health information professionals can be significantly higher than many other entry-level positions, providing a solid ROI for your educational investment.

In conclusion, pursuing a Health Information and Medical Records Administration degree from Manchester Community College is not just an educational choice but a strategic move towards a rewarding career. With strong job prospects, competitive salaries, and a curriculum designed to meet industry needs, your investment in education will yield significant returns for years to come.

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.

Get your personalized projection here!