At $18,778/yr net price, Bloomfield College graduates earn $45,902/yr within 10 years of enrollment, which is $11,902/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $18,778 |
| Estimated 4-Year Cost | $75,112 |
| Median Earnings (10yr post-entry) | $45,902/yr |
| Earnings Premium vs. HS Diploma | +$11,902/yr |
| Estimated Break-Even | 6.3 years |
| Graduation Rate (6-year) | 31.1% |
| Median Debt at Graduation | $26,746 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $17,664/yr |
| $30,001 - $48,000 | $14,801/yr |
| $48,001 - $75,000 | $19,185/yr |
| $75,001 - $110,000 | $28,650/yr |
| $110,001+ | $24,399/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Bachelor | $77,966 | $29,125 |
| Accounting and Related Services. | Bachelor | $48,432 | |
| Teacher Education and Professional Development, Specific Levels and Methods. | Bachelor | $46,087 | |
| Biology, General. | Bachelor | $35,416 | $25,000 |
| Business Administration, Management and Operations. | Bachelor | $33,993 | $27,000 |
| Psychology, General. | Bachelor | $31,314 | $28,900 |
| English Language and Literature, General. | Bachelor | $28,960 | |
| Sociology. | Bachelor | $26,121 | $27,000 |
| Visual and Performing Arts, General. | Bachelor | $18,543 | $26,000 |
The Risk Factor
31.1% of students at Bloomfield College graduate within 6 years. Fewer than half of students complete their degree. If you don't graduate, the financial investment may not pay off.
Analysis
Bloomfield College presents a mixed financial picture with significant variation by major choice. The nursing program stands out as the clear financial winner, with graduates earning nearly $78,000 annually despite higher debt loads. This creates a strong return given the school's relatively affordable $18,778 net price.
Your major selection will make or break your financial outcomes here. Nursing, accounting, and education programs justify the investment with solid post-graduation earnings. However, biology and business administration graduates face concerning prospects, earning just $35,416 and $33,993 respectively while carrying substantial debt. The 31% graduation rate compounds these risks, meaning you face significant odds of leaving with debt but no degree.
The school's 59% retention rate signals academic and financial struggles that extend beyond individual programs. You'll find yourself surrounded by classmates who may not complete their degrees, which can impact your network and campus experience. Nearly 69% of students receive financial aid, suggesting the published sticker price rarely applies.
Bloomfield makes financial sense if you're committed to nursing or education and can handle the academic challenges successfully. The school's proximity to New York City job markets helps nursing and accounting graduates but doesn't compensate for weaker programs. You should look elsewhere if you're considering biology or general business, where you'll find better earnings potential at comparable institutions.
Your biggest financial risk here isn't the moderate debt levels but the likelihood of not finishing your degree. The low completion rates mean you need strong academic preparation and clear career focus before enrolling. Merit aid opportunities appear limited given the high percentage already receiving need-based assistance.
Frequently Asked Questions
Is Bloomfield College worth the cost?
Bloomfield College's ROI depends heavily on your major. Nursing graduates earn $78,000 annually, making the $18,778 net price worthwhile, but other programs like biology and business show weaker returns with graduates earning $35,000-$34,000.
What are the best paying majors at Bloomfield College?
Nursing programs at Bloomfield College offer the strongest ROI, with graduates earning nearly $78,000 annually. Accounting graduates earn $48,000, while education majors make $46,000, but most other programs show significantly lower earnings.
How much student debt do Bloomfield College graduates have?
Bloomfield College graduates carry a median debt of $26,746. With average earnings of $45,902 ten years after graduation, this debt load is manageable for nursing majors but concerning for lower-paying programs.
What is Bloomfield College's graduation rate and job prospects?
Only 31% of students graduate from Bloomfield College, which is well below national averages. This low completion rate increases the risk of taking on debt without earning a degree, making careful program selection critical.