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

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

F D C B A
Approximate Total Payment $91,925
Approximate Total Interest $26,018
Monthly Payment $638.37
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 saint paul college

Medical records specialists

Projection Rating: B-

Median Annual Wage: $48,780

Percentage of Paycheck to Repay: 15.70%-11.69%

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: 12.16%-9.05%

Employment Change: 6.4%

Entry-Level Education: Associate's degree

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Investing in your education is a crucial step toward a successful career, and the Health Information and Medical Records Technology degree from Saint Paul College offers a compelling return on investment (ROI). This program is designed to equip you with the skills and knowledge necessary to excel in the rapidly evolving healthcare sector.

With the increasing reliance on technology in healthcare, professionals who are trained in health information management are in high demand. By pursuing this degree, you position yourself at the forefront of this growing field, enhancing your career prospects and earning potential. Graduates of the program typically find employment in hospitals, clinics, and various healthcare organizations, where they play a vital role in managing patient records and ensuring compliance with regulations.

Financially, the ROI for a Health Information and Medical Records Technology degree is impressive. According to industry reports, those with a degree in this field can expect competitive salaries, often starting in the mid-$40,000s to $60,000s annually, depending on experience and location. Furthermore, as you gain experience and advance in your career, your earning potential can significantly increase, making this degree a smart financial investment.

Saint Paul College also provides a supportive learning environment and access to resources that enhance your educational experience. Our dedicated faculty members are experienced professionals who bring real-world insights into the classroom, ensuring you receive an education that is both practical and relevant.

Moreover, the flexible scheduling options allow you to balance your studies with work or other commitments, making it easier to invest in your future without sacrificing your current responsibilities.

In summary, a Health Information and Medical Records Technology degree from Saint Paul College is not just an educational credential; it is a pathway to a rewarding career with significant financial returns. By choosing this program, you are making a strategic decision that can lead to long-term professional success and financial stability in the healthcare industry.

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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