Health Information, Medical Records Technology Degree from Pennsylvania College of Technology Return on Investment

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

F D C B A
Approximate Total Payment $142,295
Approximate Total Interest $40,274
Monthly Payment $988.16
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 pennsylvania college of technology

Medical records specialists

Projection Rating: C

Median Annual Wage: $48,780

Percentage of Paycheck to Repay: 24.31%-18.09%

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: 18.83%-14.01%

Employment Change: 6.4%

Entry-Level Education: Associate's degree

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Investing in your education is a crucial step towards a successful career, and a degree in Health Information and Medical Records Technology from Pennsylvania College of Technology (PCT) is no exception. This program not only equips students with essential skills in managing health data but also offers a significant return on investment (ROI) for graduates.

With the healthcare industry continuously evolving, the demand for skilled professionals in health information management is on the rise. Graduates from PCT are well-prepared to enter this growing field, which is projected to see job growth of over 20% in the next decade. This robust demand translates into competitive salaries, making the investment in your education even more worthwhile.

By pursuing a degree in Health Information and Medical Records Technology, students gain expertise in various areas such as electronic health records (EHRs), coding, data analysis, and compliance with healthcare regulations. These competencies are not only crucial for securing employment but also for advancing in one’s career. Graduates often find themselves in positions that offer attractive benefits and opportunities for advancement.

Furthermore, Pennsylvania College of Technology offers a comprehensive support system that includes career services, internship placements, and networking opportunities, all of which contribute to enhancing students' professional profiles. This combination of quality education and practical experience further boosts the ROI for graduates.

In conclusion, a degree in Health Information and Medical Records Technology from Pennsylvania College of Technology is a smart investment. With strong job prospects, competitive salaries, and a wealth of support services, graduates can expect a substantial return on their educational investment, paving the way for a rewarding career in the healthcare sector.

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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