Associate Degree in Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. — ROI at North Dakota State College of Science
ND · Based on U.S. Department of Education College Scorecard data
Financial Breakdown for Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. at North Dakota State College of Science
Net Annual Cost
$16,291
After grants & scholarships
Median Earnings
$62,329
Median salary after graduation
Net Debt
$30,098
After personal savings applied
20-Year Net ROI Projection
Gross Earnings (20 years)
$62,329 × 20 years
+$1,246,580
Total 2-Year Cost
$16,291 × 2 years
−$32,582
Estimated Debt Payoff ⓘ Includes estimated interest over a standard 10-year repayment plan.
$30,098 principal × 1.35 (interest)
−$40,632
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
+$333,365
Graduation Rate
46.7%
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.