Bachelor's Degree in Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. — ROI at CUNY New York City College of Technology

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

Financial Breakdown for Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. at CUNY New York City College of Technology

Net Annual Cost

$13,404

After grants & scholarships


$0

Median Earnings

$96,572

Median salary after graduation

Net Debt

$11,800

After personal savings applied


$0

20-Year Net ROI Projection

Gross Earnings (20 years)

$96,572 × 20 years

+$1,931,440

Total 4-Year Cost

$13,404 × 4 years

−$53,616

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

$11,800 principal × 1.35 (interest)

−$15,930

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

+$1,021,894

Graduation Rate

20.4%

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.