Doctoral Degree in Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. — ROI at Pace University

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

Financial Breakdown for Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. at Pace University

Net Annual Cost

$68,092

After grants & scholarships


$0

Median Earnings

$152,201

Median salary after graduation

Net Debt

N/A

After personal savings applied


$0

20-Year Net ROI Projection

Gross Earnings (20 years)

$152,201 × 20 years

+$3,044,020

Total 4-Year Cost

$68,092 × 4 years

−$272,368

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

+$1,931,652

Graduation Rate

61.4%

of students complete their degree

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How we calculate ROI

20-Year Net ROI = Gross Earnings − Total 4-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.