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

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

F D C B A
Approximate Total Payment $95,510
Approximate Total Interest $27,033
Monthly Payment $663.27
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 plaza college

Medical records specialists

Projection Rating: B-

Median Annual Wage: $48,780

Percentage of Paycheck to Repay: 16.32%-12.14%

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: 12.64%-9.40%

Employment Change: 6.4%

Entry-Level Education: Associate's degree

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Investing in your education is a significant decision, and when it comes to pursuing a degree in Health Information and Medical Records Technology from Plaza College, understanding the return on investment (ROI) is crucial. This program not only equips you with essential skills but also opens the door to a thriving career in the healthcare industry.

The demand for health information professionals is on the rise, fueled by the ongoing digital transformation in healthcare. Graduates of Plaza College are well-prepared to meet this demand, making them highly desirable candidates in the job market. With a degree in Health Information and Medical Records Technology, you will gain expertise in managing patient records, understanding healthcare regulations, and utilizing medical coding systems, all of which are vital in today’s data-driven healthcare environment.

When considering ROI, it’s essential to look at both the financial and personal benefits. Graduates from Plaza College often find themselves with competitive starting salaries, along with opportunities for career advancement in various settings, including hospitals, clinics, and insurance companies. Additionally, the knowledge and skills acquired during your studies enable you to contribute meaningfully to patient care and healthcare efficiency, which can be incredibly rewarding on a personal level.

Moreover, Plaza College offers a supportive learning environment, expert faculty, and valuable hands-on training, ensuring that you are job-ready upon graduation. The connections you build during your time at the college can also enhance your employment prospects, further increasing the ROI of your degree.

In summary, pursuing a Health Information and Medical Records Technology degree from Plaza College not only provides a solid foundation for a successful career but also offers a promising return on investment through high demand, competitive salaries, and personal fulfillment in the ever-growing 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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