Cost vs. Outcomes
| Metric | Value |
|---|---|
| Median Earnings (10yr post-entry) | $84,522/yr |
| Earnings Premium vs. HS Diploma | +$50,522/yr |
| Median Debt at Graduation | $15,000 |
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 | $58,092 | $15,879 |
Analysis
Lakeview College of Nursing delivers strong financial returns with graduates earning $84,522 ten years after enrollment while carrying just $15,000 in median debt. This debt-to-income ratio puts you in excellent position compared to most college graduates nationwide.
The nursing program produces graduates earning $58,092 annually, which represents solid entry-level compensation in central Illinois healthcare markets. Danville's proximity to larger medical centers in Champaign-Urbana and Indianapolis expands your job prospects beyond the immediate rural area. The specialized focus means every program leads to healthcare careers with strong demand and clear advancement paths.
Your main financial risk stems from the school's narrow program offerings. If you discover nursing isn't right for you, transferring credits from a specialized institution can prove difficult and expensive. The relatively small size also means fewer scholarship opportunities compared to larger universities.
This school works best financially if you're certain about pursuing nursing and want to minimize debt while doing so. The low borrowing requirements make it particularly attractive for first-generation college students or those without family financial support. You should look elsewhere if you're undecided about your major or want broader academic options.
With less than half of students receiving financial aid, the school likely offers competitive base tuition for qualified applicants. The specialized nature means you can often secure clinical placements and job connections that larger programs struggle to provide. Your investment pays off through both manageable debt levels and strong earning potential in a recession-resistant field.
Frequently Asked Questions
Is Lakeview College of Nursing worth the cost?
Yes, graduates typically earn $84,522 annually within 10 years while carrying relatively low debt of $15,000 median. The strong earning potential against modest debt makes this a solid financial choice for nursing students.
What is the return on investment for Lakeview College of Nursing programs?
The ROI is strong due to low debt levels and solid nursing salaries. Most graduates can pay off their loans quickly given the $84,522 average earnings compared to the $15,000 median debt load.
How much debt do Lakeview College of Nursing graduates have?
The median debt is $15,000, which is manageable for nursing graduates. This low debt burden helps make the degree financially worthwhile compared to schools with higher borrowing requirements.
Do Lakeview College of Nursing graduates get good jobs after graduation?
Graduates earn an average of $84,522 within 10 years, which reflects strong job placement in nursing roles. The consistent demand for nurses helps graduates find stable, well-paying positions.