Health Information, Medical Records Administration Degree from Oregon Institute of Technology Return on Investment
See what the return on investment is for jobs that someone with a Health Information, Medical Records Administration degree from Oregon Institute of Technology is likely to work in.
Top job projections for graduates in health information, medical records administration from oregon institute of technology
Health information technologists and medical registrars
Projection Rating: B
Median Annual Wage: $62,990
Percentage of Paycheck to Repay: 13.61%-10.12%
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: 17.57%-13.07%
Employment Change: 16.7%
Entry-Level Education: Postsecondary nondegree award
Investing in your education is a significant decision, and when it comes to pursuing a degree in Health Information and Medical Records Administration from the Oregon Institute of Technology (OIT), the potential return on investment (ROI) is noteworthy. This program prepares students for a rewarding career in the healthcare industry, focusing on managing patient records, ensuring compliance with regulations, and utilizing technology to improve healthcare delivery.
One of the key aspects of the ROI for this degree is the growing demand for skilled professionals in health information management. As healthcare systems become increasingly complex, the need for qualified individuals who can manage medical records efficiently and securely continues to rise. According to the U.S. Bureau of Labor Statistics, employment in this field is projected to grow much faster than the average for all occupations, making it a sound investment for your future.
Graduates of the Health Information and Medical Records Administration program at OIT not only benefit from lucrative salary potential but also gain access to a variety of career paths. From health information managers to data analysts and compliance officers, the versatility of this degree opens doors to numerous opportunities within hospitals, clinics, insurance companies, and government agencies.
Moreover, OIT's strong industry connections and hands-on learning approach ensure that students are well-prepared for the workforce upon graduation. The program includes practical experiences, internships, and networking opportunities that enhance employability and offer real-world insights into the health information landscape.
Additionally, the cost of education at OIT is competitive, and the potential earnings after graduation can significantly outweigh the initial investment. Graduates can expect to see a return on their investment within a few years, thanks to the average starting salaries and the potential for career advancement in this dynamic field.
In summary, pursuing a Health Information and Medical Records Administration degree from the Oregon Institute of Technology offers a strong return on investment. With a growing job market, competitive salaries, and comprehensive training, this degree is an excellent choice for those looking to make a significant impact in the healthcare industry while enjoying a fulfilling career.
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.