Certificate in Practical Nursing, Vocational Nursing and Nursing Assistants. — ROI at Four Rivers Career Center

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

Financial Breakdown for Practical Nursing, Vocational Nursing and Nursing Assistants. at Four Rivers Career Center

Net Annual Cost

$27,525

After grants & scholarships


$0

Median Earnings

$36,781

Median salary after graduation

Net Debt

$14,913

After personal savings applied


$0

20-Year Net ROI Projection

Gross Earnings (20 years)

$36,781 × 20 years

+$735,620

Total 1-Year Cost

$27,525 × 1 years

−$27,525

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

$14,913 principal × 1.35 (interest)

−$20,132

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

-$152,037

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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.