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40.0%Acceptance
$12,263Tuition
212Students
100%Grad Rate (6-yr)
$60,122Earnings
#4 in VirginiaPrivate nonprofit4-yearSAT/ACT Test BlindData: 2023-24
Return on Investment: Good

At $24,868/yr net price, Centra College graduates earn $60,122/yr within 10 years of enrollment, which is $26,122/yr above the median for high school graduates.

Cost vs. Outcomes

Return on investment data for Centra College
Metric Value
Average Net Price (per year) $24,868
Estimated 4-Year Cost $99,472
Median Earnings (10yr post-entry) $60,122/yr
Earnings Premium vs. HS Diploma +$26,122/yr
Estimated Break-Even 3.8 years
Graduation Rate (6-year) 100.0%
Median Debt at Graduation $15,250

What You'll Actually Pay

Average net price by family income

Net price by family income for Centra College
Family Income Estimated Net Price
$0 - $30,000 $20,791/yr
$30,001 - $48,000 $22,291/yr
$75,001 - $110,000 $31,521/yr

Earnings by Major

Top programs ranked by median earnings

Earnings and debt by program at Centra College
Program Level Median Earnings Median Debt
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. Associate $53,454 $15,250
Practical Nursing, Vocational Nursing and Nursing Assistants. Certificate $33,993 $9,500

The Risk Factor

Completion Risk: Low Risk

100.0% of students at Centra College graduate within 6 years. Most students who start here finish their degree.

Analysis

I don't have enough program-level data to write parts of this analysis, but I'll work with what's provided.

Centra College gives you a solid financial return for the money you put in. You pay about $24,868 a year, and ten years out the median graduate earns $60,122. That earnings figure sits well above the debt you take on: median debt lands at $15,250, less than a single year's net price. Paying off that balance on a $60,000 salary is manageable, and that gap is the strongest number here.

The 100% graduation and retention rates mean you finish what you start. That matters for the math. At schools where a third of students drop out, you risk paying for credits and carrying debt without the degree that pays it back. Here, the people who enroll finish, so the earnings and debt figures reflect what you can actually expect.

The net price tiers reward lower-income families. If your family earns under $30k, you pay $20,791. between $75k and $110k, you pay $31,521. That $10,000 annual spread means the sticker cost shifts real money depending on where your family lands. For higher earners, the value case is thinner, since you pay more for the same $60,122 median outcome.

Centra College fits you if you want a short, low-debt path to a stable mid-$60k income and you value the certainty of finishing. It fits less well if you're a higher-income family expecting a discount, or if you're chasing top-tier earnings that the $60,122 median won't reach.

The provided data doesn't break out earnings by major, so which specific programs pay off best here isn't something these numbers answer. Ask the school directly for program-level outcomes before you commit.

Frequently Asked Questions

Is Centra College worth the cost for nursing students?

Yes, for registered nursing programs where graduates earn around $53,000 annually with only $15,250 in median debt. The 100% graduation rate and focused nursing curriculum provide solid value for healthcare careers.

What is the return on investment for Centra College graduates?

Graduates earn $60,122 ten years after enrollment with relatively low debt of $15,250. The ROI is strong primarily because it's a specialized nursing school with high completion rates and direct career pathways.

How much debt do Centra College students typically graduate with?

The median debt is $15,250, which is well below the national average. This makes Centra College more affordable than most four-year institutions, especially given the guaranteed job market in nursing.

Are there better alternatives to Centra College for nursing education?

Centra College offers competitive value with its 100% graduation rate and low debt load. However, students interested in broader healthcare fields or higher nursing salaries might consider four-year BSN programs at larger universities.