Health Information, Medical Records Administration Degree from Rutgers University – New Brunswick Return on Investment

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

F D C B A
Approximate Total Payment $145,068
Approximate Total Interest $41,059
Monthly Payment $1007.42
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 rutgers university - new brunswick

Health information technologists and medical registrars

Projection Rating: B-

Median Annual Wage: $62,990

Percentage of Paycheck to Repay: 19.19%-14.28%

Employment Change: 6.4%

Entry-Level Education: Associate's degree

Medical records specialists

Projection Rating: C

Median Annual Wage: $48,780

Percentage of Paycheck to Repay: 24.78%-18.44%

Employment Change: 16.7%

Entry-Level Education: Postsecondary nondegree award

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Investing in your future with a degree in Health Information and Medical Records Administration from Rutgers University – New Brunswick can yield significant returns. As the healthcare industry continues to expand, the demand for skilled professionals in health information management is on the rise. This program equips students with the necessary knowledge and skills to excel in this dynamic field.

The curriculum focuses on critical areas such as health data management, information technology, and healthcare regulations, ensuring that graduates are well-prepared to tackle the challenges of modern healthcare environments. Students will benefit from hands-on experiences and real-world applications, enhancing their employability upon graduation.

One of the key advantages of pursuing a degree from Rutgers is the strong network of alumni and industry connections that can open doors to job opportunities. Graduates often find positions in hospitals, clinics, insurance companies, and government agencies, with competitive salaries and benefits. According to recent data, individuals with a degree in Health Information Management can expect a substantial return on their investment, with many earning salaries that exceed the national average.

Additionally, Rutgers University offers various support services, including career counseling and internship opportunities, to help students transition smoothly into the workforce. The university’s commitment to student success ensures that graduates are not only well-educated but also well-prepared for their careers.

In summary, a degree in Health Information and Medical Records Administration from Rutgers University – New Brunswick is a smart investment for those looking to secure a rewarding career in healthcare. With a strong curriculum, extensive resources, and a vibrant alumni network, students can look forward to a promising future in a field that is both fulfilling and financially rewarding.

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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