Bachelor's Degree in Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. — ROI at Bloomfield College of Montclair State University
NJ · Based on U.S. Department of Education College Scorecard data
Financial Breakdown for Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. at Bloomfield College of Montclair State University
Net Annual Cost
$44,298
After grants & scholarships
Median Earnings
$86,158
Median salary after graduation
Net Debt
$35,000
After personal savings applied
20-Year Net ROI Projection
Gross Earnings (20 years)
$86,158 × 20 years
+$1,723,160
Total 4-Year Cost
$44,298 × 4 years
−$177,192
Estimated Debt Payoff ⓘ Includes estimated interest over a standard 10-year repayment plan.
$35,000 principal × 1.35 (interest)
−$47,250
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
+$658,718
Graduation Rate
32.9%
of students complete their degree
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How we calculate ROI
20-Year Net ROI = Gross Earnings − Total 4-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.