Medical Insurance Specialist Degree from Kent State University at Salem Return on Investment

See what the return on investment is for jobs that someone with a Medical Insurance Specialist degree from Kent State University at Salem is likely to work in.

F D C B A
Approximate Total Payment $72,842
Approximate Total Interest $20,617
Monthly Payment $505.85
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 specialist from kent state university at salem

Medical records specialists

Projection Rating: B

Median Annual Wage: $48,780

Percentage of Paycheck to Repay: 12.44%-9.26%

Employment Change: 16.7%

Entry-Level Education: Postsecondary nondegree award

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Investing in your education is a crucial step toward achieving your career goals, and pursuing a Medical Insurance Specialist Degree from Kent State University at Salem is no exception. This program offers a comprehensive curriculum designed to equip you with the skills and knowledge necessary to excel in the rapidly evolving healthcare industry.

One of the most significant returns on investment (ROI) you can expect from this degree is enhanced career opportunities. Graduates often find positions in various healthcare settings, including hospitals, clinics, and insurance companies. The demand for skilled medical insurance specialists continues to grow, driven by the increasing complexity of healthcare regulations and the need for effective billing and coding practices.

Moreover, the earning potential for professionals in this field is promising. According to industry statistics, medical insurance specialists can earn competitive salaries, with many positions offering benefits that further enhance overall compensation packages. By obtaining your degree from Kent State University at Salem, you position yourself favorably in the job market, increasing your chances of landing a well-paying job right after graduation.

Additionally, Kent State University at Salem provides robust career support services, helping students connect with employers and secure internships. This hands-on experience is invaluable, allowing students to apply their classroom knowledge in real-world settings, thus further increasing their employability and potential salary upon graduation.

Another aspect of ROI to consider is the flexibility of the program. With options for online learning, you can balance your studies with work and personal commitments, making it easier to complete your degree without sacrificing your current income. This adaptability can significantly reduce the financial strain that often accompanies higher education.

In summary, investing in a Medical Insurance Specialist Degree from Kent State University at Salem not only equips you with essential skills but also offers a robust return on investment through enhanced job prospects, competitive salaries, and flexible learning options. Take the first step toward a rewarding career in healthcare 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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