Health Information, Medical Records Administration Degree from The University of Montana Return on Investment
See what the return on investment is for jobs that someone with a Health Information, Medical Records Administration degree from The University of Montana is likely to work in.
Top job projections for graduates in health information, medical records administration from the university of montana
Health information technologists and medical registrars
Projection Rating: B
Median Annual Wage: $62,990
Percentage of Paycheck to Repay: 12.05%-8.97%
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: 15.56%-11.58%
Employment Change: 16.7%
Entry-Level Education: Postsecondary nondegree award
When considering a degree in Health Information and Medical Records Administration from The University of Montana, it's essential to evaluate the return on investment (ROI) this program offers. With the healthcare industry continually evolving, professionals in health information management are in high demand. This degree not only equips students with the necessary skills to manage patient data effectively but also opens doors to lucrative job opportunities.
Graduates can expect competitive salaries, with many positions offering annual earnings significantly above the national average. According to recent industry reports, health information managers can earn upwards of $90,000 per year, depending on experience, location, and job responsibilities. The University of Montana’s comprehensive curriculum prepares students for various roles, including health information technician, data analyst, and medical records administrator.
Moreover, the University of Montana emphasizes hands-on learning through internships and partnerships with local healthcare facilities, giving students real-world experience that enhances their employability. This practical approach not only solidifies theoretical knowledge but also builds essential professional networks, which can be invaluable in the job hunt post-graduation.
Investing in a Health Information and Medical Records Administration degree at The University of Montana is not just about gaining a qualification; it’s about securing a future in a thriving field. With a robust job market, competitive salaries, and the growing importance of data management in healthcare, the ROI of this degree is clear. By choosing this path, students are not only making a wise financial decision but also contributing to the efficiency and effectiveness of healthcare delivery systems.
In conclusion, the Health Information and Medical Records Administration degree from The University of Montana represents a significant investment in your future. With strong earning potential, a growing job market, and the university's commitment to practical experience, graduates can confidently expect a high return on their 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.