Bachelor's Degree in Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. — ROI at The University of Tennessee-Martin

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

Financial Breakdown for Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. at The University of Tennessee-Martin

Net Annual Cost

$21,628

After grants & scholarships


$0

Median Earnings

$54,762

Median salary after graduation

Net Debt

$25,231

After personal savings applied


$0

20-Year Net ROI Projection

Gross Earnings (20 years)

$54,762 × 20 years

+$1,095,240

Total 4-Year Cost

$21,628 × 4 years

−$86,512

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

$25,231 principal × 1.35 (interest)

−$34,061

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

+$134,666

Graduation Rate

53.8%

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.