Associate Degree in Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. — ROI at Caldwell Community College and Technical Institute

NC  ·  Based on U.S. Department of Education College Scorecard data

Financial Breakdown for Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. at Caldwell Community College and Technical Institute

Net Annual Cost

$15,625

After grants & scholarships


$0

Median Earnings

$52,383

Median salary after graduation

Net Debt

$12,000

After personal savings applied


$0

20-Year Net ROI Projection

Gross Earnings (20 years)

$52,383 × 20 years

+$1,047,660

Total 2-Year Cost

$15,625 × 2 years

−$31,250

Estimated Debt Payoff Includes estimated interest over a standard 10-year repayment plan.

$12,000 principal × 1.35 (interest)

−$16,200

Baseline Opportunity Cost The estimated earnings you would make with a high school diploma over 20 years ($42,000/yr), which you forfeit while studying.

$42,000 median no-degree salary × 20 years

−$840,000

20-Year Net ROI

+$160,210

Graduation Rate

40.0%

of students complete their degree

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How we calculate ROI

20-Year Net ROI = Gross Earnings − Total 2-Year Cost − Estimated Debt Payoff − Baseline Opportunity Cost

Baseline assumes $42,000/yr median earnings without a college degree. Debt payoff uses a 1.35× multiplier to account for interest over a standard repayment period.

Data sourced from the U.S. College Scorecard.