Associate Degree in Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. — ROI at Minnesota West Community and Technical College
MN · Based on U.S. Department of Education College Scorecard data
Financial Breakdown for Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. at Minnesota West Community and Technical College
Net Annual Cost
$17,205
After grants & scholarships
Median Earnings
$58,781
Median salary after graduation
Net Debt
$31,750
After personal savings applied
20-Year Net ROI Projection
Gross Earnings (20 years)
$58,781 × 20 years
+$1,175,620
Total 2-Year Cost
$17,205 × 2 years
−$34,410
Estimated Debt Payoff ⓘ Includes estimated interest over a standard 10-year repayment plan.
$31,750 principal × 1.35 (interest)
−$42,862
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
+$258,347
Graduation Rate
41.6%
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.