Certificate in Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. — ROI at UPMC St. Margaret School of Nursing

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

Financial Breakdown for Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. at UPMC St. Margaret School of Nursing

Net Annual Cost

$25,446

After grants & scholarships


$0

Median Earnings

$57,750

Median salary after graduation

Net Debt

$31,000

After personal savings applied


$0

20-Year Net ROI Projection

Gross Earnings (20 years)

$57,750 × 20 years

+$1,155,000

Total 1-Year Cost

$25,446 × 1 years

−$25,446

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

$31,000 principal × 1.35 (interest)

−$41,850

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

+$247,704

Graduation Rate

54.8%

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.