At $47,705/yr net price, Carrington College-Reno graduates earn $43,731/yr within 10 years of enrollment, which is $9,731/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $47,705 |
| Estimated 4-Year Cost | $190,820 |
| Median Earnings (10yr post-entry) | $43,731/yr |
| Earnings Premium vs. HS Diploma | +$9,731/yr |
| Estimated Break-Even | 19.6 years |
| Graduation Rate (6-year) | 49.3% |
| Median Debt at Graduation | $15,188 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $46,880/yr |
| $30,001 - $48,000 | $47,462/yr |
| $48,001 - $75,000 | $44,732/yr |
| $75,001 - $110,000 | $49,004/yr |
| $110,001+ | $49,566/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. | Associate | $66,852 | $26,500 |
| Health and Medical Administrative Services. | Certificate | $26,353 | |
| Allied Health and Medical Assisting Services. | Certificate | $24,571 | $9,359 |
The Risk Factor
49.3% of students at Carrington College-Reno graduate within 6 years. More than half of students finish, but the dropout rate is a real factor in whether this investment pays off.
Analysis
Carrington College-Reno presents a challenging financial picture with a net price of $47,705 annually but median graduate earnings of just $43,731. You'll earn less than what you pay for one year of education, creating immediate affordability concerns for most students.
The nursing program stands out as the clear financial winner, with graduates earning $66,852 annually despite carrying $26,500 in debt. This program justifies the school's high costs and offers genuine career advancement in Reno's healthcare market. However, half of students never graduate, meaning many pay without receiving credentials.
The other major programs tell a different story. Health and Medical Administrative Services graduates earn just $26,353, while Allied Health and Medical Assisting Services leads to $24,571 annually. These salaries barely cover basic living expenses in Nevada and create serious debt-to-income concerns given the school's pricing.
Your biggest financial risk is the 49% graduation rate combined with for-profit pricing. You could spend tens of thousands without completing your program. The debt loads for non-nursing programs remain manageable only because graduates earn so little that they likely qualify for income-driven repayment plans.
Carrington College-Reno makes financial sense only if you're committed to the nursing program and confident you'll complete it. The school's healthcare connections in the Reno area provide value for nursing students specifically. For any other program, you'll find better value at Nevada community colleges that offer similar training at a fraction of the cost.
Frequently Asked Questions
Is Carrington College-Reno worth the cost?
Carrington College-Reno's net price of $47,705 annually is high compared to typical graduate earnings of $43,731 after 10 years. Only nursing programs show decent returns, while other health programs lead to much lower salaries.
What are the best paying programs at Carrington College-Reno?
Registered nursing programs at Carrington College-Reno offer the strongest ROI with graduates earning around $66,852. Health administration and medical assisting programs pay significantly less at $26,353 and $24,571 respectively.
How much student debt do Carrington College-Reno graduates have?
Carrington College-Reno graduates have a median debt of $15,188, which is relatively manageable. However, the school's 49% graduation rate means many students may leave with debt but no degree.
What is the graduation rate at Carrington College-Reno?
Carrington College-Reno has a 49% graduation rate, meaning half of students don't finish their programs. This creates significant financial risk for students who pay tuition but don't complete their degrees.