Medical Transcription, Transcriptionist Degree from University of Northwestern Ohio Return on Investment

See what the return on investment is for jobs that someone with a Medical Transcription, Transcriptionist degree from University of Northwestern Ohio is likely to work in.

F D C B A
Approximate Total Payment $104,628
Approximate Total Interest $29,613
Monthly Payment $726.58
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 transcription, transcriptionist from university of northwestern ohio

Medical transcriptionists

Projection Rating: C

Median Annual Wage: $37,060

Percentage of Paycheck to Repay: 23.53%-17.51%

Employment Change: -2.6%

Entry-Level Education: Postsecondary nondegree award

Medical records specialists

Projection Rating: B-

Median Annual Wage: $48,780

Percentage of Paycheck to Repay: 17.87%-13.30%

Employment Change: 16.7%

Entry-Level Education: Postsecondary nondegree award

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When considering a career in medical transcription, understanding the return on investment (ROI) of your education is crucial. The University of Northwestern Ohio (UNOH) offers a comprehensive Transcriptionist Degree program that equips students with the skills needed to excel in this growing field. With the healthcare industry continuously expanding, the demand for qualified medical transcriptionists remains strong, making this degree a valuable asset.

The UNOH Transcriptionist Degree program provides a robust curriculum that covers essential topics such as medical terminology, anatomy, and transcription techniques. This knowledge prepares graduates to accurately transcribe medical records, ensuring that healthcare providers have access to precise patient information. The program's hands-on training and real-world experience help students build confidence and competence, which are vital for success in the workplace.

One of the key factors contributing to the ROI of a degree from UNOH is the potential salary of a medical transcriptionist. According to recent industry reports, entry-level transcriptionists can expect to earn a competitive salary, with experienced professionals making even more. Additionally, many transcriptionists have the flexibility to work from home, allowing for a better work-life balance and reduced commuting costs.

Moreover, the University of Northwestern Ohio is known for its strong career services and job placement support. Graduates benefit from networking opportunities and resources that connect them with potential employers in the healthcare sector. This support not only enhances job prospects but also contributes to a quicker return on investment for students.

In conclusion, pursuing a Transcriptionist Degree from the University of Northwestern Ohio is a smart choice for those seeking a rewarding career in medical transcription. With a strong curriculum, excellent earning potential, and robust career support, the ROI of this degree is significant, making it a worthwhile investment in your future.

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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