Health Information, Medical Records Technology Degree from Hillsborough Community College Return on Investment

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

F D C B A
Approximate Total Payment $48,443
Approximate Total Interest $13,711
Monthly Payment $336.41
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 hillsborough community college

Medical records specialists

Projection Rating: A-

Median Annual Wage: $48,780

Percentage of Paycheck to Repay: 8.28%-6.16%

Employment Change: 16.7%

Entry-Level Education: Postsecondary nondegree award

Health information technologists and medical registrars

Projection Rating: A-

Median Annual Wage: $62,990

Percentage of Paycheck to Repay: 6.41%-4.77%

Employment Change: 6.4%

Entry-Level Education: Associate's degree

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Investing in your education is a significant decision, and understanding the return on investment (ROI) of a Health Information, Medical Records Technology Degree from Hillsborough Community College is crucial for prospective students. This degree equips you with the skills and knowledge necessary to thrive in the rapidly evolving healthcare industry, where the demand for qualified health information professionals continues to rise.

With a focus on the management of patient records, data analysis, and compliance with healthcare regulations, the program offers a comprehensive curriculum designed to prepare you for a successful career. Graduates of this program are well-positioned to take advantage of numerous job opportunities in hospitals, clinics, and healthcare organizations, often enjoying competitive salaries and benefits.

According to industry reports, individuals holding a degree in Health Information Technology can expect to see a substantial increase in earning potential compared to those without formal education in the field. Many graduates find roles as health information technicians, medical coders, or data analysts, with salaries that can range from $40,000 to over $70,000 annually, depending on experience and location.

Moreover, Hillsborough Community College offers affordable tuition rates, making it a wise financial choice. The low cost of education combined with the high earning potential creates a favorable ROI for students. Additionally, the college provides access to career services, networking opportunities, and hands-on training, which further enhances your employability post-graduation.

In conclusion, pursuing a Health Information, Medical Records Technology Degree from Hillsborough Community College not only prepares you for a rewarding career in the healthcare sector but also offers a promising return on your educational investment. By choosing this path, you’re not just earning a degree; you’re investing in your future and the well-being of the communities you will serve.

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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