Medical Administrative Executive Assistant and Medical Secretary Degree from Arkansas Tech University Return on Investment

See what the return on investment is for jobs that someone with a Medical Administrative Executive Assistant and Medical Secretary degree from Arkansas Tech University is likely to work in.

F D C B A
Approximate Total Payment $83,301
Approximate Total Interest $23,577
Monthly Payment $578.48
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 medical administrative executive assistant and medical secretary from arkansas tech university

Medical secretaries and administrative assistants

Projection Rating: B-

Median Annual Wage: $40,640

Percentage of Paycheck to Repay: 17.08%-12.71%

Employment Change: 41.3%

Entry-Level Education: High school diploma or equivalent

Office clerks, general

Projection Rating: B-

Median Annual Wage: $40,480

Percentage of Paycheck to Repay: 17.15%-12.76%

Employment Change: -147.5%

Entry-Level Education: High school diploma or equivalent

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The Medical Administrative Executive Assistant and Medical Secretary degree from Arkansas Tech University offers a robust educational foundation that significantly enhances your career prospects in the healthcare industry. As the demand for skilled professionals in medical administration continues to rise, investing in this degree can yield substantial returns.

One of the primary benefits of pursuing this degree is the potential for increased earning power. Graduates often find themselves in positions that offer competitive salaries, making the initial investment in education worthwhile. According to industry reports, individuals with specialized training in medical administration can earn significantly more than those without formal qualifications.

Moreover, the comprehensive curriculum at Arkansas Tech University equips students with essential skills such as medical terminology, office management, and patient relations. These competencies are critical in today’s fast-paced healthcare environment and are highly sought after by employers. By obtaining this degree, graduates become valuable assets to healthcare facilities, increasing their job security and career advancement opportunities.

Additionally, the growing healthcare sector ensures a steady demand for qualified administrative professionals. The U.S. Bureau of Labor Statistics projects continued growth in this field, meaning that graduates can expect a favorable job market upon completion of their studies. This degree not only prepares you for immediate employment but also sets the stage for long-term career growth.

Financial aid options and flexible course schedules available at Arkansas Tech University further enhance the return on investment for students. By minimizing student debt and accommodating working professionals, the university makes it easier for students to balance their education with other commitments, ensuring that they can focus on achieving their career goals.

In summary, enrolling in the Medical Administrative Executive Assistant and Medical Secretary degree program at Arkansas Tech University is a strategic investment in your future. With the potential for increased earnings, job security, and extensive skills training, graduates are well-equipped to thrive in the healthcare industry, making this program a smart choice for aspiring medical administrative professionals.

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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