Doctoral Degree in Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. — ROI at University of Southern Mississippi

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

Financial Breakdown for Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. at University of Southern Mississippi

Net Annual Cost

$25,482

After grants & scholarships


$0

Median Earnings

$164,002

Median salary after graduation

Net Debt

N/A

After personal savings applied


$0

20-Year Net ROI Projection

Gross Earnings (20 years)

$164,002 × 20 years

+$3,280,040

Total 4-Year Cost

$25,482 × 4 years

−$101,928

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

+$2,338,112

Graduation Rate

51.1%

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.