At $28,544/yr net price, Goodwin University graduates earn $43,596/yr within 10 years of enrollment, which is $9,596/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $28,544 |
| Estimated 4-Year Cost | $114,176 |
| Median Earnings (10yr post-entry) | $43,596/yr |
| Earnings Premium vs. HS Diploma | +$9,596/yr |
| Estimated Break-Even | 11.9 years |
| Graduation Rate (6-year) | 58.3% |
| Median Debt at Graduation | $33,500 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $27,515/yr |
| $30,001 - $48,000 | $29,573/yr |
| $48,001 - $75,000 | $30,788/yr |
| $75,001 - $110,000 | $35,472/yr |
| $110,001+ | $27,319/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 | $74,105 | $41,378 |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Associate | $63,723 | $40,842 |
| Allied Health Diagnostic, Intervention, and Treatment Professions. | Associate | $62,154 | $45,350 |
| Clinical/Medical Laboratory Science/Research and Allied Professions. | Associate | $52,107 | |
| Dental Support Services and Allied Professions. | Associate | $47,260 | $12,039 |
| Health Professions and Related Clinical Sciences, Other. | Bachelor | $38,906 | $42,208 |
| Allied Health and Medical Assisting Services. | Associate | $35,157 | $25,830 |
| Human Development, Family Studies, and Related Services. | Bachelor | $35,060 | $21,833 |
| Health and Medical Administrative Services. | Certificate | $33,993 | $18,637 |
| Clinical/Medical Laboratory Science/Research and Allied Professions. | Certificate | $26,739 |
The Risk Factor
58.3% of students at Goodwin University 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
Goodwin University delivers solid returns if you pick the right program, but the overall financial picture shows warning signs. The median graduate earns $43,596 ten years out while carrying $33,500 in debt, creating a concerning debt-to-income ratio that makes loan payments a burden for many alumni.
Your program choice determines everything here. Nursing graduates earn $63,000 to $74,000 annually, making their higher debt loads of around $40,000 manageable. Allied health programs also pay off well, with diagnostic and treatment professionals earning $62,154. Clinical lab science offers decent returns at $52,107 with no reported debt burden. These healthcare-focused programs align with Connecticut's strong medical sector and aging population.
The risk lies in Goodwin's other offerings. With overall median earnings sitting well below nursing and allied health, non-healthcare programs appear to struggle in the job market. The 58% graduation rate means four in ten students leave without a degree but potentially with debt.
You should consider Goodwin if you want nursing or allied health training and prefer a smaller private environment over state schools. The school makes financial sense for career-changers entering healthcare who can handle moderate debt loads. Skip it if you want broad liberal arts education or if nursing programs at UConn or regional community colleges offer better value for your situation.
Nearly half of students receive financial aid, suggesting merit scholarships may be available for qualified applicants. Focus negotiations on reducing your net price below the $28,544 average, especially if you're entering a lower-earning program outside healthcare.
Frequently Asked Questions
Is Goodwin University worth the cost?
Goodwin University's ROI depends heavily on your program choice. Nursing and allied health graduates earn $52,000-$74,000 annually, which justifies the $28,544 yearly cost, but other programs may not provide strong returns.
What programs at Goodwin University have the best job prospects?
Nursing programs at Goodwin University offer the strongest returns, with graduates earning around $74,000 annually. Allied health and clinical lab science programs also provide decent earning potential at $52,000-$62,000 per year.
How much debt do Goodwin University graduates typically have?
Goodwin University graduates carry a median debt of $33,500, which is manageable for nursing graduates but could be problematic for lower-paying programs. The 58% graduation rate means many students leave with debt but no degree.
Does Goodwin University provide good financial aid?
With a net price of $28,544 annually, Goodwin University's costs remain high even after financial aid. Students should carefully evaluate whether their chosen program's earning potential justifies this expense and potential debt load.