Certificate in Practical Nursing, Vocational Nursing and Nursing Assistants. — ROI at HCA Florida Mercy Hospital School of Practical Nursing

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

Financial Breakdown for Practical Nursing, Vocational Nursing and Nursing Assistants. at HCA Florida Mercy Hospital School of Practical Nursing

Net Annual Cost

$13,320

After grants & scholarships


$0

Median Earnings

$48,139

Median salary after graduation

Net Debt

$12,250

After personal savings applied


$0

20-Year Net ROI Projection

Gross Earnings (20 years)

$48,139 × 20 years

+$962,780

Total 1-Year Cost

$13,320 × 1 years

−$13,320

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

$12,250 principal × 1.35 (interest)

−$16,537

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

+$92,922

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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.