Health Information, Medical Records Administration Degree from Texas 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 Texas State University is likely to work in.
Top job projections for graduates in health information, medical records administration from texas state university
Health information technologists and medical registrars
Projection Rating: B
Median Annual Wage: $62,990
Percentage of Paycheck to Repay: 12.96%-9.64%
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: 16.74%-12.45%
Employment Change: 16.7%
Entry-Level Education: Postsecondary nondegree award
When considering a degree in Health Information and Medical Records Administration from Texas State University, it's essential to evaluate the return on investment (ROI) this program offers. With the healthcare industry rapidly evolving, professionals with specialized skills in managing medical records and health information are in high demand.
The Health Information and Medical Records Administration degree equips students with the knowledge and expertise necessary to navigate the complexities of healthcare data management. Graduates are prepared for a variety of roles, including health information managers, data analysts, and compliance officers, making them valuable assets in healthcare organizations.
One of the key factors contributing to the ROI of this degree is the competitive salary potential. According to industry statistics, professionals in this field can earn an average salary of $80,000 or more annually, depending on their experience and the specific healthcare setting they work in. This earning potential often translates into a significant return on the investment made in education.
Additionally, the demand for health information professionals is projected to grow by 13% over the next decade, outpacing many other occupations. This upward trend indicates not only job security but also opportunities for career advancement and salary increases over time.
Texas State University's program is designed to provide students with hands-on experience and access to networking opportunities, further enhancing their employability after graduation. With a focus on real-world applications, students gain practical skills that are immediately applicable in their careers.
Furthermore, Texas State University is known for its robust support services, including career counseling and job placement assistance, which can significantly enhance the likelihood of finding a well-paying job post-graduation. This support, combined with the degree's relevance in the job market, ensures that students are well-prepared to enter the workforce and start their careers on the right foot.
In summary, pursuing a Health Information and Medical Records Administration degree from Texas State University not only provides essential knowledge and skills but also offers a compelling return on investment. With strong earning potential, a growing job market, and comprehensive support services, students can feel confident that their investment in education will pay off in the long run.
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.