Health Information, Medical Records Technology Degree from Davenport University Return on Investment

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

F D C B A
Approximate Total Payment $126,490
Approximate Total Interest $35,801
Monthly Payment $878.40
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 technology from davenport university

Medical records specialists

Projection Rating: C+

Median Annual Wage: $48,780

Percentage of Paycheck to Repay: 21.61%-16.08%

Employment Change: 16.7%

Entry-Level Education: Postsecondary nondegree award

Health information technologists and medical registrars

Projection Rating: B-

Median Annual Wage: $62,990

Percentage of Paycheck to Repay: 16.73%-12.45%

Employment Change: 6.4%

Entry-Level Education: Associate's degree

Don't see the job you're looking for? Click here.

Investing in a Health Information, Medical Records Technology Degree from Davenport University is not just a step towards a fulfilling career; it’s a strategic financial decision that offers substantial return on investment (ROI). With the healthcare industry rapidly evolving, the demand for skilled professionals in health information management is at an all-time high. Graduates from Davenport University are equipped with the knowledge and skills necessary to excel in this dynamic field.

The ROI of a degree in health information technology is evident in the competitive salaries and job stability that graduates can expect. According to recent industry reports, professionals in this sector often enjoy starting salaries that are significantly above the national average. As healthcare providers increasingly rely on technology to manage patient records, the role of health information specialists becomes more critical, ensuring that job opportunities remain plentiful.

Davenport University’s comprehensive curriculum prepares students for various roles, from health informatics to data analysis, ensuring graduates are versatile and ready to meet the needs of employers. The program not only emphasizes technical skills but also promotes an understanding of healthcare regulations and ethics, making graduates invaluable assets to any organization.

Moreover, Davenport University offers hands-on learning experiences and access to internships, providing students with real-world exposure that enhances their employability. The university's strong network of alumni and industry connections further facilitates job placement, ensuring that graduates can leverage their education for immediate career advancement.

In conclusion, pursuing a Health Information, Medical Records Technology Degree from Davenport University is a wise investment in your future. The combination of high earning potential, job security, and the opportunity to make a difference in the healthcare field makes this degree a valuable asset. Start your journey towards a rewarding career today and experience the significant 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.

Get your personalized projection here!