Doctoral Degree in Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. — ROI at The University of Tennessee Health Science Center

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

Financial Breakdown for Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. at The University of Tennessee Health Science Center

Net Annual Cost

N/A

After grants & scholarships


$0

Median Earnings

$132,744

Median salary after graduation

Net Debt

N/A

After personal savings applied


$0

20-Year Net ROI Projection

Gross Earnings (20 years)

$132,744 × 20 years

+$2,654,880

Total 4-Year Cost

N/A × 4 years

−N/A

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

+$1,814,880

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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.