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Is A Degree Worth The Investment?
It all depends! While those who want to get going fast often opt for the much shorter medical assistant certificate or diploma programs start working as soon as possible. Others are planning ahead for higher goals such as bachelors or masters degree in healtcare administration, or a nursing (RN) degree in the future. In this case the credits earned while in the A.S. program will count toward this future goal, while no credits are given for classes that were taken in a vocational training program.
Education pays in higher earnings and lower unemployment rates!!! Of course, before college comes high school - and a HS diploma opens the doors. The sizeable differences in lifetime earnings put the costs of college study in realistic perspective. There is considerable support for the notion that the rate of return on investment in higher education is high enough to warrant the financial burden associated with pursuing a college degree. People who graduated from high school can further their education via traditional college education or distance education from online college courses.
Note: Data are 2006 annual averages for persons age 25 and over. Earnings are for full-time wage and salary workers.
Source: Bureau of Labor Statistics
Colleges and universities in the United States offer a four level approach to education which are:
1. Associate of Arts, or Applied Science Degree (A.A., or A.A.S., often via community colleges)
2. Bachelor's Degree (B.A., via traditional college, also called undergraduate degree)
3. Master's Degree (M.A., also referred to as graduate degree)
4. Doctorate Degree (Ph.D., the highest degree)
To sum it up in simple terms
There are many career training opportunities by vocational institutions and colleges that lead to allied health professional degrees such as an A.S. in clinical and administrative medical assisting, medical coding and billing, and healthcare administration. The key is finding a program that perfectly meets your standards and needs! If you are interested in a degree, there are hundreds of subjects to choose from to suit all interests. Most students today, about 80 percent of all students, enroll either in public 4-year colleges or in public 2-year colleges. According to the U.S. Department of Education a full-time student at a public 4-year college paid an average of $8,655 for in-state tuition, room and board (U.S. Dept. of Education, 2002).
A full-time student in a public 2-year college paid an average of $1,359 per year in tuition (U.S. Dept. of Education, 2002). The average annual cost of in-state 4-year public school in 2003-2004 was $12,841. Out-of-state cost was $19,188 (The College Board 2004). Prospective college students should keep in mind that different colleges have different graduation requirements. Also their cost can differ greatly. And before embarking on any college degree program it's a good idea to also check on their college credit transfer policies and (as mentioned) their graduation requirements.
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