Certificate in Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. — ROI at Firelands Regional Medical Center School of Nursing
OH · Based on U.S. Department of Education College Scorecard data
Financial Breakdown for Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. at Firelands Regional Medical Center School of Nursing
Net Annual Cost
N/A
After grants & scholarships
Median Earnings
$52,440
Median salary after graduation
Net Debt
$29,535
After personal savings applied
20-Year Net ROI Projection
Gross Earnings (20 years)
$52,440 × 20 years
+$1,048,800
Total 1-Year Cost
N/A × 1 years
−N/A
Estimated Debt Payoff ⓘ Includes estimated interest over a standard 10-year repayment plan.
$29,535 principal × 1.35 (interest)
−$39,872
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
+$168,927
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How we calculate ROI
20-Year Net ROI = Gross Earnings − Total 1-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.