Medical Insurance Coding Specialist Degree from Montana State University – Billings Return on Investment

See what the return on investment is for jobs that someone with a Medical Insurance Coding Specialist degree from Montana State University – Billings is likely to work in.

F D C B A
Approximate Total Payment $80,149
Approximate Total Interest $22,685
Monthly Payment $556.59
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 insurance coding specialist from montana state university - billings

Medical records specialists

Projection Rating: B

Median Annual Wage: $48,780

Percentage of Paycheck to Repay: 13.69%-10.19%

Employment Change: 16.7%

Entry-Level Education: Postsecondary nondegree award

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Investing in your education is a crucial decision, especially in the fast-evolving field of healthcare. The Medical Insurance Coding Specialist Degree from Montana State University – Billings offers a remarkable return on investment (ROI) for aspiring professionals. With the healthcare industry continually growing, the demand for skilled medical coding specialists is on the rise, ensuring that graduates are well-positioned for success.

By choosing to pursue this degree, students gain access to a comprehensive curriculum that covers essential coding principles, health information management, and medical terminology. Graduates emerge as competent professionals ready to tackle real-world challenges in medical billing and coding. The program is designed not only to provide theoretical knowledge but also to equip students with practical skills that are highly sought after by employers.

One of the standout features of the Medical Insurance Coding Specialist Degree is its affordability. Montana State University – Billings offers competitive tuition rates, making it an accessible option for many students. Furthermore, the potential for job placement in a high-demand field means that graduates can expect to see a significant return on their educational investment.

According to industry statistics, medical coding specialists can earn a competitive salary, with many positions offering benefits such as flexible hours and opportunities for advancement. This degree not only opens doors to immediate job opportunities but also lays the groundwork for long-term career growth in the healthcare sector.

In summary, the Medical Insurance Coding Specialist Degree from Montana State University – Billings is a smart investment for those looking to enter the healthcare field. With a solid foundation in coding practices, cost-effective tuition, and promising job prospects, graduates can enjoy a favorable return on investment while contributing to an essential area of healthcare.

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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