Health Information, Medical Records Technology Degree from University of Utah 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 Utah is likely to work in.

F D C B A
Approximate Total Payment $95,470
Approximate Total Interest $27,021
Monthly Payment $662.99
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 utah

Medical records specialists

Projection Rating: B-

Median Annual Wage: $48,780

Percentage of Paycheck to Repay: 16.31%-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: 12.63%-9.40%

Employment Change: 6.4%

Entry-Level Education: Associate's degree

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Are you considering a degree in Health Information and Medical Records Technology from the University of Utah? Understanding the return on investment (ROI) for your education is essential in making informed decisions about your future. This degree not only equips you with the necessary skills to thrive in a rapidly evolving healthcare landscape but also offers substantial financial benefits.

The University of Utah's program prepares graduates for a variety of roles within the health information management field, including health information technician, medical coder, and data analyst. With the increasing reliance on digital health records and the growing importance of data analytics in healthcare, professionals in this sector are in high demand.

Investing in a degree from the University of Utah can lead to a significant increase in earning potential. Graduates can expect competitive salaries that reflect their specialized knowledge and skills. According to industry reports, health information professionals earn an average salary that is well above the national average for all occupations. This translates to a strong ROI, as your investment in education could yield substantial financial returns throughout your career.

Additionally, the University of Utah offers robust career support services, including job placement assistance and networking opportunities with leading healthcare organizations. This support can further enhance your job prospects and salary potential, ensuring that your degree is not just an educational milestone but a stepping stone to a successful career.

In a world where data drives healthcare decisions, the importance of a degree in Health Information and Medical Records Technology cannot be overstated. By choosing the University of Utah, you are setting yourself up for a bright future, both professionally and financially. Start your journey today and discover how this degree can lead to rewarding career opportunities with impressive returns on your investment.

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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