Online MHA Programs Ranked by Affordability (2021-2022)

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Student loan debt is reaching epic proportions. In fact, media organizations like CBS and Forbes are calling it a debt crisis. Over 44 million students and professionals have student loan debt totaling more than $1.7 trillion in the United States. Yet in order to advance their careers and increase income, professionals are called upon to have advanced degrees in their field. This creates a need for more affordable master’s degrees.

In addition, professionals will want to seek out degrees where growth opportunities exist, the job market is expanding and salaries are attractive. Enter online MHA programs. According to the Bureau of Labor and Statistics (BLS 2021) data, medical and health services managers earn a median annual salary of $104,280 per year ($50.13 per hour). Median annual wages were highest in government industries ($116,380) and hospitals ($112,870), with doctor’s offices and nursing home facilities being lower.

Jobs in this market are exploding and are expected to increase 32 percent nationally between 2019 and 2029, with the addition of 133,200 jobs (BLS 2021). Healthcare administrators typically have at least a bachelor’s degree, but master’s degrees are becoming increasingly common for these positions. As such, in this article, we cover online MHA programs ranked by affordability from 2021 to 2022.

These rankings are based on tuition data MHAOnline.com collected in mid-2021 from 250 online MHA programs and closely related graduate degrees. Tuition information is as current as possible, being taken from the 2020-2021 or 2021-2022 school years as published by each school.

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