Health and Medical Administrative Services at Charter College

Charter College's healthcare administration bachelor's comes with a troubling trajectory: graduates earn $40,226 their first year, then see earnings drop 18% to just $33,116 by year four. While this puts the program at the 60th percentile among Alaska's limited options for this degree, it falls well below the national median of $44,345 and ranks in just the 28th percentile nationally. The debt burden of $46,000—significantly higher than the national median of $31,000—makes this decline particularly concerning.

The debt-to-earnings ratio of 1.14 might seem manageable at first glance, but it's based on that initial $40,226 salary. By year four, when graduates are earning $33,116, they're effectively carrying debt worth nearly 1.4 times their annual income. This inverted earnings pattern is unusual for bachelor's degrees and suggests graduates may be taking positions that don't leverage their credentials over time, or facing limited advancement opportunities in Alaska's smaller healthcare market.

For families considering this program, the high debt combined with declining earnings creates a risky financial situation. The fact that 56% of students receive Pell grants indicates this serves primarily moderate- and lower-income families who can least afford prolonged repayment periods. Unless your child has strong reasons to stay in Alaska specifically and existing connections to healthcare employers who value this credential, programs at larger institutions with more established healthcare administration tracks would likely offer better returns on a similar investment.