Medical Insurance Coding Specialist Degree from Salt Lake Community College Return on Investment

See what the return on investment is for jobs that someone with a Medical Insurance Coding Specialist degree from Salt Lake Community College is likely to work in.

F D C B A
Approximate Total Payment $56,886
Approximate Total Interest $16,101
Monthly Payment $395.04
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 salt lake community college

Medical records specialists

Projection Rating: A-

Median Annual Wage: $48,780

Percentage of Paycheck to Repay: 9.72%-7.23%

Employment Change: 16.7%

Entry-Level Education: Postsecondary nondegree award

Don't see the job you're looking for? Click here.

The Medical Insurance Coding Specialist Degree from Salt Lake Community College (SLCC) offers an excellent return on investment for aspiring healthcare professionals. As the demand for skilled medical coding specialists continues to rise, enrolling in this program equips students with the essential knowledge and skills needed to thrive in the healthcare industry.

With a focus on medical terminology, coding systems, and healthcare regulations, SLCC's curriculum is designed to prepare students for a successful career in medical billing and coding. Graduates can expect to find employment in various settings, including hospitals, clinics, and insurance companies, where they play a crucial role in ensuring accurate patient records and billing processes.

One of the standout features of the Medical Insurance Coding Specialist Degree at SLCC is its affordability. Compared to other institutions, SLCC offers competitive tuition rates, making it a financially viable option for many students. Additionally, the program's duration allows students to enter the workforce quickly, maximizing their earning potential in a short timeframe.

According to industry reports, medical coding specialists enjoy a promising job outlook, with a projected growth rate significantly higher than the national average. This translates to a strong return on investment for graduates, as they can secure stable employment with competitive salaries shortly after completing their degree.

Furthermore, SLCC provides robust career services, including job placement assistance and networking opportunities, to help students transition smoothly into the workforce. With the right education and support, graduates can confidently take the next step in their careers, knowing they have made a wise investment in their future.

In summary, pursuing a Medical Insurance Coding Specialist Degree from Salt Lake Community College not only fosters vital skills for a thriving career but also offers an exceptional return on investment. With affordable tuition, a strong job outlook, and comprehensive support services, SLCC is an ideal choice for those looking to enter the dynamic field of medical coding.

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.

Get your personalized projection here!