Health Information, Medical Records Technology Degree from Northern Essex 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 Northern Essex Community College is likely to work in.
Top job projections for graduates in health information, medical records technology from northern essex community college
Medical records specialists
Projection Rating: B+
Median Annual Wage: $48,780
Percentage of Paycheck to Repay: 11.13%-8.28%
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: 8.62%-6.41%
Employment Change: 6.4%
Entry-Level Education: Associate's degree
The Health Information and Medical Records Technology degree from Northern Essex Community College (NECC) is not just a pathway to an in-demand career; it’s a significant investment in your future. With the healthcare industry rapidly evolving, professionals equipped with the right skills are more valuable than ever. Here, we delve into the return on investment (ROI) associated with this degree, highlighting the numerous benefits that come with it.
One of the key factors contributing to the ROI of the Health Information and Medical Records Technology program is the high demand for skilled workers in this field. According to the Bureau of Labor Statistics, the employment of health information technicians is projected to grow significantly over the next decade, driven by an increasing emphasis on electronic health records (EHR) and an aging population. Graduates can expect to find numerous job opportunities in hospitals, clinics, insurance companies, and even in telehealth settings.
Moreover, the earning potential for graduates is substantial. With a degree from NECC, students can enter the workforce as health information technicians, medical coders, or health data analysts, with starting salaries often exceeding $40,000 annually. As professionals gain experience and potentially pursue further certifications, their earning potential can rise considerably, making the initial investment in education worthwhile.
In addition to job security and financial benefits, the Health Information and Medical Records Technology program offers students a comprehensive education that covers essential topics such as data management, health informatics, and healthcare regulations. This knowledge not only prepares graduates for their careers but also equips them with skills that are transferable across various roles in the healthcare sector.
Furthermore, NECC provides students with hands-on experience through internships and practical training, allowing them to apply their knowledge in real-world settings. This practical approach not only enhances learning but also makes graduates more attractive to employers, further boosting their ROI.
Investing in a Health Information and Medical Records Technology degree from Northern Essex Community College is an investment in your career and financial future. With strong job growth, competitive salaries, and a robust educational foundation, graduates are well-prepared to succeed in a dynamic and rewarding field. Start your journey today and experience the significant return on investment that comes with this valuable degree.
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.