Health Information, Medical Records Technology Degree from Northeast 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 Northeast Community College is likely to work in.

F D C B A
Approximate Total Payment $57,884
Approximate Total Interest $16,383
Monthly Payment $401.97
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 northeast community college

Medical records specialists

Projection Rating: A-

Median Annual Wage: $48,780

Percentage of Paycheck to Repay: 9.89%-7.36%

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: 7.66%-5.70%

Employment Change: 6.4%

Entry-Level Education: Associate's degree

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Investing in your education is a crucial decision, especially when it comes to pursuing a degree in Health Information and Medical Records Technology. At Northeast Community College, this program not only equips you with essential skills but also offers a significant return on investment (ROI) in today's job market.

The demand for healthcare professionals is steadily increasing, and with it, the need for qualified individuals in health information management. By choosing Northeast Community College, you can expect a curriculum that is aligned with industry standards, ensuring you gain the knowledge necessary to excel in this growing field.

Graduates of the Health Information and Medical Records Technology program often find themselves in high-demand roles, such as Health Information Technicians, Medical Records Clerks, and Compliance Specialists. These positions typically offer competitive salaries and opportunities for advancement, making your degree a worthwhile investment.

Furthermore, Northeast Community College provides affordable tuition rates compared to many four-year institutions. This affordability combined with the potential for solid salary returns means that students can achieve a positive ROI sooner. Many graduates report recouping their educational costs within just a few years of entering the workforce.

In addition to financial benefits, the program emphasizes hands-on experience through internships and real-world projects. This practical training not only enhances your resume but also prepares you for the challenges you will face in your career. Networking opportunities and partnerships with local healthcare facilities further increase your chances of securing a job after graduation.

Ultimately, pursuing a Health Information and Medical Records Technology degree from Northeast Community College is more than just an educational endeavor; it is a strategic career move. With the healthcare industry continuing to expand, your investment in this degree is likely to yield substantial returns, both financially and professionally, for years to come.

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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