Hospital and Healthcare Facilities Administration Degree from University of Memphis Return on Investment

See what the return on investment is for jobs that someone with a Hospital and Healthcare Facilities Administration degree from University of Memphis is likely to work in.

F D C B A
Approximate Total Payment $108,385
Approximate Total Interest $30,677
Monthly Payment $752.67
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 hospital and healthcare facilities administration from university of memphis

Medical and health services managers

Projection Rating: A-

Median Annual Wage: $110,680

Percentage of Paycheck to Repay: 8.16%-6.07%

Employment Change: 160.6%

Entry-Level Education: Bachelor's degree

Health information technologists and medical registrars

Projection Rating: B

Median Annual Wage: $62,990

Percentage of Paycheck to Repay: 14.34%-10.67%

Employment Change: 6.4%

Entry-Level Education: Associate's degree

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Are you considering pursuing a Hospital and Healthcare Facilities Administration Degree from the University of Memphis? Understanding the return on investment (ROI) is crucial when making this important educational decision. This degree not only equips you with essential skills but also opens doors to a rewarding career in the rapidly growing healthcare industry.

The University of Memphis offers a comprehensive curriculum that prepares graduates for various roles in healthcare management. Students learn about healthcare policies, finance, and operations management, providing them with a solid foundation to excel in the field. With the demand for skilled healthcare administrators on the rise, graduates can expect a favorable job market upon completion of their degree.

When evaluating the ROI of your degree, consider the following factors:

  • Career Opportunities: Graduates can pursue positions such as healthcare administrator, facility manager, or health services manager, often with competitive salaries.
  • Salary Potential: According to recent data, healthcare administrators earn a median annual salary significantly higher than the national average. This degree can lead to lucrative earning potential over the course of your career.
  • Job Security: The healthcare sector is one of the fastest-growing industries, ensuring a steady demand for qualified professionals. This translates to job stability and security for graduates.
  • Networking Opportunities: The University of Memphis provides access to a vast network of alumni and industry connections, enhancing your job prospects and career advancement opportunities.

Investing in a Hospital and Healthcare Facilities Administration Degree from the University of Memphis is not just about the immediate benefits; it’s about paving the way for a successful future in a dynamic and essential field. By weighing the costs against the potential salary, job security, and growth opportunities, you can see that this degree offers a strong return on investment.

Ready to take the next step in your career? Discover how the University of Memphis can help you achieve your professional goals in healthcare administration.

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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