Medical Administrative Executive Assistant and Medical Secretary Degree from Bryant & Stratton College – Virginia Beach 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 Bryant & Stratton College – Virginia Beach is likely to work in.

F D C B A
Approximate Total Payment $107,346
Approximate Total Interest $30,383
Monthly Payment $745.46
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 bryant & stratton college - virginia beach

Medical secretaries and administrative assistants

Projection Rating: C

Median Annual Wage: $40,640

Percentage of Paycheck to Repay: 22.01%-16.38%

Employment Change: 41.3%

Entry-Level Education: High school diploma or equivalent

Office clerks, general

Projection Rating: C

Median Annual Wage: $40,480

Percentage of Paycheck to Repay: 22.10%-16.44%

Employment Change: -147.5%

Entry-Level Education: High school diploma or equivalent

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If you’re considering a career in the healthcare field, obtaining a Medical Administrative Executive Assistant or Medical Secretary Degree from Bryant & Stratton College – Virginia Beach can offer a significant return on investment (ROI). As the healthcare industry continues to grow, the demand for skilled administrative professionals is at an all-time high. Here’s why pursuing this degree can be a wise financial decision.

First and foremost, the employment outlook for medical administrative roles is exceptionally promising. According to the U.S. Bureau of Labor Statistics, jobs for medical secretaries are expected to grow by 10% from 2021 to 2031, which translates to thousands of new opportunities across the nation. This growth indicates a stable career path with numerous job openings, ensuring that your investment in education pays off.

Moreover, graduates of Bryant & Stratton College receive hands-on training and access to cutting-edge technology, equipping them with the skills necessary to excel in administrative roles within healthcare settings. The curriculum is designed to meet the needs of today’s medical offices, including training in medical terminology, office management, and patient relations. This comprehensive education not only enhances employability but also positions graduates for higher starting salaries.

When evaluating the ROI of your degree, consider the average salary for medical secretaries. According to recent data, the median annual wage for medical secretaries is approximately $40,000, with experienced professionals earning significantly more. By investing in your education, you can potentially double or triple your initial investment within just a few years of employment.

Additionally, attending Bryant & Stratton College provides networking opportunities with industry professionals and potential employers. Many programs also include internships or externships, which can lead to job placements post-graduation. These connections can be invaluable as you launch your career, further enhancing the ROI of your degree.

In conclusion, pursuing a Medical Administrative Executive Assistant or Medical Secretary Degree from Bryant & Stratton College – Virginia Beach is not only a smart career move but also a financially sound decision. With a growing job market, competitive salaries, and robust training, graduates can expect a substantial return on their educational investment. Don’t miss the opportunity to start your rewarding career in the medical field today!

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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