At $15,845/yr net price, Homestead Schools graduates earn $59,398/yr within 10 years of enrollment, which is $25,398/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $15,845 |
| Estimated 4-Year Cost | $63,380 |
| Median Earnings (10yr post-entry) | $59,398/yr |
| Earnings Premium vs. HS Diploma | +$25,398/yr |
| Estimated Break-Even | 2.5 years |
| Graduation Rate (6-year) | 93.8% |
| Median Debt at Graduation | $18,040 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $30,001 - $48,000 | $15,765/yr |
| $48,001 - $75,000 | $13,378/yr |
| $110,001+ | $20,937/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Practical Nursing, Vocational Nursing and Nursing Assistants. | Certificate | $39,153 | $18,040 |
The Risk Factor
93.8% of students at Homestead Schools graduate within 6 years. Most students who start here finish their degree.
Analysis
Homestead Schools delivers solid financial returns for a specialized health profession program, with graduates earning $59,398 ten years after enrollment against a manageable net price of $15,845 annually. The 93.8% graduation rate suggests you'll likely complete your program, though the single nursing track limits your options if you change career direction.
The practical nursing program produces graduates earning $39,153, which provides reasonable payback on the $18,040 median debt load. Your monthly loan payments will consume roughly 6-8% of gross income, leaving room for other expenses. However, this earning potential falls short of what four-year nursing programs typically deliver, so consider whether the shorter timeline justifies the lower long-term income.
The biggest financial risk here is career inflexibility. If nursing doesn't work out or you want to advance into higher-paying specialties later, you'll need additional education elsewhere. Nearly 59% of students receive financial aid, suggesting the school works with families on affordability, but merit scholarship details aren't readily available.
This school makes financial sense if you want to enter healthcare quickly with minimal debt and have already committed to nursing as your career path. You should look elsewhere if you're exploring different majors, want traditional college experiences, or aim for higher-earning nursing roles that require bachelor's degrees. The focused curriculum and reasonable costs work well for career changers or students who know exactly what they want from healthcare education.
Frequently Asked Questions
Is Homestead Schools worth the cost for nursing programs?
Homestead Schools graduates in nursing programs earn around $39,153 annually, which is relatively low compared to the $15,845 yearly cost. With median debt of $18,040, graduates may struggle to see strong financial returns in nursing careers.
What is the ROI for Homestead Schools compared to other colleges?
Homestead Schools graduates earn $59,398 ten years after graduation, which is below average for college graduates nationally. The high graduation rate of 93.8% is positive, but the earnings don't justify the cost for most students.
How much debt do Homestead Schools students typically graduate with?
The median debt for Homestead Schools graduates is $18,040. Given the lower earning potential of around $59,398 after ten years, this debt load represents a significant burden for most graduates.
Are Homestead Schools programs worth it for career advancement?
Most Homestead Schools programs focus on practical nursing and vocational training with limited earning potential. The school's main programs lead to careers earning around $39,000 annually, which may not provide adequate return on investment.