Health Information, Medical Records Technology Degree from University of Massachusetts – Boston Return on Investment

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

F D C B A
Approximate Total Payment $97,608
Approximate Total Interest $27,626
Monthly Payment $677.83
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 university of massachusetts - boston

Medical records specialists

Projection Rating: B-

Median Annual Wage: $48,780

Percentage of Paycheck to Repay: 16.67%-12.41%

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: 12.91%-9.61%

Employment Change: 6.4%

Entry-Level Education: Associate's degree

Don't see the job you're looking for? Click here.

Investing in your education is a crucial step towards a successful career, and the Health Information, Medical Records Technology Degree from the University of Massachusetts – Boston offers a promising return on investment (ROI). In today’s rapidly evolving healthcare sector, the demand for skilled professionals who can manage health information and medical records is at an all-time high. This degree not only equips students with essential knowledge in health information management but also provides practical skills that are directly applicable in the workforce.

Graduates of the program can expect competitive salaries, with many entry-level positions starting at a significantly higher rate compared to other fields. The blend of theoretical knowledge and hands-on experience prepares students for roles in hospitals, clinics, and healthcare organizations, where the need for proficient health information professionals is growing.

Moreover, the University of Massachusetts – Boston offers a robust support system for students, including career services and networking opportunities that enhance job placement rates. Alumni of the program have successfully transitioned into various roles, such as health information managers, medical coders, and data analysts, thereby demonstrating the degree’s effectiveness in paving the way for lucrative career paths.

In addition to financial benefits, pursuing a degree in Health Information Technology also contributes to the improvement of patient care and outcomes. By ensuring that health records are accurate, secure, and easily accessible, graduates play a vital role in the healthcare system, making a meaningful impact on the lives of patients and their families.

Overall, choosing to earn a Health Information, Medical Records Technology Degree from the University of Massachusetts – Boston is not just an investment in education; it’s an investment in a rewarding career that promises growth, stability, and the opportunity to make a difference in the healthcare landscape.

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.

Get your personalized projection here!