Mount Carmel College of Nursing ROI Analysis
Comprehensive ROI analysis based on tuition costs, graduate earnings, financial aid, and long-term earning potential.
ROI Summary
Total 4-Year Cost
$55,560
In-state tuition x 4
Earnings Premium
$33,161/yr
above high school diploma avg
Break-Even Point
1.7 years
After graduation
20-Year ROI
1094%
Return on investment
ROI Analysis
Mount Carmel College of Nursing has a strong return on investment. The average graduate earns $71,065 one year after graduation, which is more than five times the annual tuition cost of $13,890. Five years after graduation, earnings remain high at $68,161. Ten years after graduation, earnings increase to $75,103.
The median debt for Mount Carmel College of Nursing graduates is $22,082. Given the average starting salary, the debt-to-income ratio is favorable. With an average starting salary of $71,065, a graduate could pay off their debt in less than a year.
Mount Carmel College of Nursing has a high retention rate of 83.3% and a graduation rate of 67.4%. The college accepts 57.4% of applicants. Over 62% of students receive financial aid.
Generated from College Scorecard & IPEDS data
The Numbers
Annual Tuition (In-State)
$13,890
Median Debt at Graduation
$22,082
Median Earnings (5yr)
$68,161
Graduation Rate
67%
Receive Financial Aid
63%
Avg Aid Amount
N/A
Program-Level ROI
| Program | Median Earnings (5yr) | Est. 20yr ROI |
|---|---|---|
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing | $104,333 | 2396% |
| Bioethics/Medical Ethics | $0 | N/A |
Peer Comparison
1094%
20yr ROI
0%
20yr ROI
160%
20yr ROI
166%
20yr ROI
159%
20yr ROI
Financial Aid Impact
Before Aid
After Aid (Estimated)
Frequently Asked Questions
Methodology
ROI calculations are based on data from the U.S. Department of Education College Scorecard. The earnings premium is calculated as the difference between median graduate earnings and the national average earnings for high school diploma holders ($35,000).
The 20-year ROI formula: ((Earnings Premium x 20) - Total Cost) / Total Cost x 100. Break-even point: Total Cost / Annual Earnings Premium. All figures use in-state tuition and do not account for inflation, opportunity cost, or financial aid variations.