Skip to main content
527Students
$77,014Earnings
Private nonprofit4-yearStudy AbroadData: 2023-24Roman Catholic

Cost vs. Outcomes

Return on investment data for Bon Secours Memorial College of Nursing
Metric Value
Median Earnings (10yr post-entry) $77,014/yr
Earnings Premium vs. HS Diploma +$43,014/yr
Median Debt at Graduation $26,500

Earnings by Major

Top programs ranked by median earnings

Earnings and debt by program at Bon Secours Memorial College of Nursing
Program Level Median Earnings Median Debt
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. Bachelor $62,290 $24,992

Analysis

Bon Secours Memorial College of Nursing delivers solid financial returns with graduates earning $77,014 annually against median debt of just $26,500. This debt-to-income ratio positions the school among the better investments in nursing education.

The nursing program generates $62,290 in median earnings, which translates to manageable monthly loan payments relative to income. Richmond's healthcare market supports these outcomes, with VCU Health, Bon Secours, and HCA Virginia creating steady demand for nursing graduates. The college's hospital affiliations provide direct pathways to employment, reducing the job search risk common at standalone institutions.

Your biggest financial risk centers on the school's narrow focus. If you discover nursing isn't your calling, transferring credits becomes complicated and expensive. The 20.58% financial aid rate suggests limited need-based assistance, making this school work best for families who can pay most costs upfront or students comfortable with moderate borrowing.

This college makes financial sense if you're certain about nursing as a career path and prefer a specialized environment over a traditional university. The location in Richmond provides clinical opportunities without the higher living costs of Northern Virginia. Skip this option if you want to explore multiple majors or need substantial financial aid beyond federal loans.

The school's hospital connections offer merit-based scholarships and work-study positions that can reduce your total costs. Apply early to maximize these opportunities, as the small student body means limited spots for financial assistance.

Frequently Asked Questions

Is Bon Secours Memorial College of Nursing worth the cost?

With graduates earning $77,014 after 10 years and median debt of $26,500, Bon Secours offers solid ROI for nursing careers. The debt-to-income ratio is manageable compared to many private colleges.

What is the return on investment for Bon Secours Memorial College of Nursing graduates?

Graduates typically earn about three times their debt load within 10 years, which is decent for nursing programs. However, starting salaries around $62,290 mean it takes time to reach that higher earning potential.

How much debt do students have after graduating from Bon Secours Memorial College of Nursing?

The median debt is $26,500, which is reasonable for a specialized nursing program. This amount is manageable given nursing job prospects and eventual earning potential in healthcare.

Do Bon Secours Memorial College of Nursing graduates get good jobs?

Nursing graduates generally find employment quickly due to healthcare demand. The college's focus on registered nursing and clinical specialties aligns with market needs, though starting pay is typical for the field.