Certificate in Practical Nursing, Vocational Nursing and Nursing Assistants. — ROI at Immokalee Technical College

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

Financial Breakdown for Practical Nursing, Vocational Nursing and Nursing Assistants. at Immokalee Technical College

Net Annual Cost

$9,020

After grants & scholarships


$0

Median Earnings

$34,399

Median salary after graduation

Net Debt

N/A

After personal savings applied


$0

20-Year Net ROI Projection

Gross Earnings (20 years)

$34,399 × 20 years

+$687,980

Total 1-Year Cost

$9,020 × 1 years

−$9,020

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

N/A principal × 1.35 (interest)

−N/A

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

-$161,040

Graduation Rate

79.2%

of students complete their degree

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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.