Health Information, Medical Records Administration Degree from Regis University Return on Investment

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

F D C B A
Approximate Total Payment $222,857
Approximate Total Interest $63,076
Monthly Payment $1547.62
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 regis university

Health information technologists and medical registrars

Projection Rating: C-

Median Annual Wage: $62,990

Percentage of Paycheck to Repay: 29.48%-21.94%

Employment Change: 6.4%

Entry-Level Education: Associate's degree

Medical records specialists

Projection Rating: D-

Median Annual Wage: $48,780

Percentage of Paycheck to Repay: 38.07%-28.33%

Employment Change: 16.7%

Entry-Level Education: Postsecondary nondegree award

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If you're considering a career in health information management, a Medical Records Administration degree from Regis University may be your ideal pathway. With a growing demand for skilled professionals in this field, understanding the return on investment (ROI) of your education is crucial. This degree not only equips you with essential skills in managing patient data but also opens doors to lucrative job opportunities.

According to recent statistics, graduates with a degree in health information management can expect competitive salaries. The Bureau of Labor Statistics reports that medical and health services managers earn a median annual salary significantly higher than the national average. By investing in a Medical Records Administration degree, you position yourself for a rewarding career with strong earning potential.

Moreover, the ROI of your degree extends beyond just salary. The knowledge and skills gained from Regis University’s program prepare you to navigate the complexities of the healthcare system, ensuring you are well-equipped to handle the evolving landscape of health information technology. This includes understanding compliance regulations, data analytics, and patient privacy—all critical areas in healthcare today.

Regis University also offers robust career support services, helping graduates connect with employers and secure positions in various healthcare settings. With a network of alumni and partnerships across the industry, the potential for job placement and advancement is significantly enhanced.

In summary, pursuing a Medical Records Administration degree from Regis University is not only a smart financial investment but also a strategic move toward a fulfilling and impactful career in health information management. With strong job prospects, competitive salaries, and comprehensive training, you can expect a substantial return on your educational investment.

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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