Medical Clinical Assistant Degree from Moraine Park Technical College Return on Investment

See what the return on investment is for jobs that someone with a Medical Clinical Assistant degree from Moraine Park Technical College is likely to work in.

F D C B A
Approximate Total Payment $67,188
Approximate Total Interest $19,017
Monthly Payment $466.59
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 clinical assistant from moraine park technical college

Medical assistants

Projection Rating: B

Median Annual Wage: $42,000

Percentage of Paycheck to Repay: 13.33%-9.92%

Employment Change: 118%

Entry-Level Education: Postsecondary nondegree award

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The decision to pursue a Medical Clinical Assistant degree from Moraine Park Technical College is not just about gaining knowledge and skills; it's also about understanding the return on investment (ROI) that comes with this educational path. As the healthcare industry continues to grow, the demand for qualified medical assistants is on the rise, making this degree a valuable asset for aspiring professionals.

One of the most significant factors contributing to the ROI of a Medical Clinical Assistant degree is the potential for competitive salaries. Graduates can expect to earn a solid starting wage, with many positions offering benefits such as health insurance, retirement plans, and paid time off. According to industry statistics, medical assistants can earn an average salary of around $35,000 to $45,000 annually, depending on their location and experience level.

Furthermore, the job outlook for medical assistants is exceptionally promising. The U.S. Bureau of Labor Statistics projects a growth rate of 19% from 2019 to 2029, which is much faster than the average for all occupations. By investing in a degree from Moraine Park Technical College, students are positioning themselves to take advantage of the numerous job opportunities that will arise in the coming years.

In addition to financial gains, the program offers practical, hands-on training that equips students with essential skills. This includes clinical procedures, patient care, and administrative tasks, ensuring that graduates are job-ready upon completion of their studies. The comprehensive curriculum not only prepares students for immediate employment but also lays the groundwork for future career advancement, such as transitioning into nursing or healthcare management roles.

Another aspect of ROI is the support students receive from Moraine Park Technical College. The college provides career services, networking opportunities, and job placement assistance, further enhancing the likelihood of securing a rewarding position after graduation. With a dedicated faculty and a supportive learning environment, students can maximize their educational investment.

In conclusion, pursuing a Medical Clinical Assistant degree from Moraine Park Technical College offers a strong return on investment through competitive salaries, a promising job outlook, and comprehensive training. By choosing this path, students not only enhance their earning potential but also embark on a fulfilling career in the ever-expanding healthcare field.

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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