Associate Degree in Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. — ROI at Santa Rosa Junior College

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

Financial Breakdown for Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. at Santa Rosa Junior College

Net Annual Cost

$13,649

After grants & scholarships


$0

Median Earnings

$107,245

Median salary after graduation

Net Debt

$14,700

After personal savings applied


$0

20-Year Net ROI Projection

Gross Earnings (20 years)

$107,245 × 20 years

+$2,144,900

Total 2-Year Cost

$13,649 × 2 years

−$27,298

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

$14,700 principal × 1.35 (interest)

−$19,845

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

+$1,257,757

Graduation Rate

32.2%

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.