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

F D C B A
Approximate Total Payment $65,741
Approximate Total Interest $18,607
Monthly Payment $456.54
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 springfield technical community college

Medical records specialists

Projection Rating: B+

Median Annual Wage: $48,780

Percentage of Paycheck to Repay: 11.23%-8.36%

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: 8.70%-6.47%

Employment Change: 6.4%

Entry-Level Education: Associate's degree

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Investing in your education is a pivotal step towards a successful career, and the Health Information, Medical Records Technology Degree from Springfield Technical Community College (STCC) is designed to deliver substantial returns on that investment. With the healthcare industry rapidly evolving, the demand for skilled professionals in health information management is at an all-time high. Graduating from STCC not only equips you with essential skills but also opens doors to a plethora of career opportunities.

One of the key benefits of pursuing a degree in Health Information Technology at STCC is the program's emphasis on real-world applications. Students engage in hands-on training using the latest medical records technology, ensuring they are job-ready upon graduation. This practical experience enhances your employability and positions you favorably in the job market, ultimately leading to higher earning potential.

According to recent industry reports, professionals in health information management can expect competitive salaries, with many graduates earning well above the national average. The investment you make in your education at STCC can yield a significant financial return, especially considering the growing demand for healthcare services and the need for efficient health information systems.

Additionally, the program offers flexible learning options that cater to your schedule, allowing you to balance work and studies effectively. STCC's dedicated faculty provide personalized support, guiding you throughout your educational journey and helping you network with industry professionals. These connections can prove invaluable when seeking employment post-graduation.

In summary, the Health Information, Medical Records Technology Degree from Springfield Technical Community College is not just an educational achievement; it’s an investment in your future. With a strong curriculum, hands-on experience, and a supportive learning environment, you can expect a high return on your investment as you step into a rewarding career in health information management.

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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