At $29,682/yr net price, Hondros College of Nursing graduates earn $58,636/yr within 10 years of enrollment, which is $24,636/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $29,682 |
| Estimated 4-Year Cost | $118,728 |
| Median Earnings (10yr post-entry) | $58,636/yr |
| Earnings Premium vs. HS Diploma | +$24,636/yr |
| Estimated Break-Even | 4.8 years |
| Graduation Rate (6-year) | 19.4% |
| Median Debt at Graduation | $15,833 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $29,381/yr |
| $30,001 - $48,000 | $28,816/yr |
| $48,001 - $75,000 | $30,968/yr |
| $75,001 - $110,000 | $32,446/yr |
| $110,001+ | $34,050/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 | $63,005 | $36,700 |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Associate | $55,565 | $23,000 |
| Practical Nursing, Vocational Nursing and Nursing Assistants. | Certificate | $34,864 | $13,000 |
The Risk Factor
19.4% of students at Hondros College of Nursing graduate within 6 years. Fewer than half of students complete their degree. If you don't graduate, the financial investment may not pay off.
Analysis
Hondros College of Nursing delivers mixed financial returns that depend heavily on which nursing program you choose. The registered nursing programs produce solid earnings around $55,000-$63,000 annually, while the practical nursing track yields weaker returns at just under $35,000.
The school's biggest financial risk is its 19% graduation rate, meaning four out of five students leave without completing their program. This creates substantial risk of taking on debt without gaining the credentials needed for higher nursing salaries. The debt loads vary dramatically by program, with some RN graduates carrying $36,700 compared to practical nursing students at $13,000.
Your financial outcome hinges on completing the registered nursing program rather than settling for practical nursing credentials. The RN programs justify their higher debt through significantly better earning potential, while the practical nursing track offers limited financial upside relative to other career paths requiring similar time investment.
Hondros works best for students with strong academic preparation who can handle the challenging completion requirements. If you struggle with standardized testing or have limited study time due to work obligations, the low graduation rate suggests you face steep odds of finishing. Students seeking more traditional college experiences or broader career flexibility should look elsewhere, as this focused nursing school offers limited alternatives if healthcare plans change.
The school serves 70% of students with financial aid, but the specific aid structure and merit opportunities require direct inquiry with admissions to understand your actual costs versus the published net price.
Frequently Asked Questions
Is Hondros College of Nursing worth the cost?
With a net price of $29,682 per year and 10-year earnings of $58,636, Hondros College shows modest returns. The 19% graduation rate is concerning and significantly impacts overall value for most students.
What is the ROI for Hondros College of Nursing programs?
The registered nursing program offers the best ROI with graduates earning around $63,000 annually. Practical nursing graduates earn significantly less at $34,864, making that program a riskier investment.
How much debt do Hondros College of Nursing graduates have?
The median debt is relatively low at $15,833, but this only reflects students who actually graduate. With an 89% acceptance rate and 19% graduation rate, many students leave without completing their program.
Should I attend Hondros College of Nursing or go elsewhere?
Consider other nursing programs first, especially if you qualify for admission elsewhere. The extremely low graduation rate means most students don't finish their degree, making this a high-risk choice despite the accessible admission standards.