Is Lawrence Memorial Hospital School of Nursing Worth It?

Lawrence Memorial Hospital School of Nursing gives you a strong financial return for a two-year nursing program. A $101,466 median earning at 10 years against $20,000 in median debt puts your payoff roughly five to one, which is rare for any credential and unusual for a two-year school. You clear your debt fast and keep earning well above it.

This is a single-focus nursing school, so the return rides entirely on one field. That is your strength and your risk. Nursing in the Boston metro area pays well and hires steadily, and your earnings here reflect that. But you have no fallback major. If you decide nursing isn't for you, or you can't pass licensure, there is no cheaper humanities track to fall back on. The whole value of this school depends on you finishing and getting licensed to work as a nurse.

The debt load is modest for the earnings it produces, so even if you borrow the full median amount, your monthly payments stay small against a six-figure income. That makes the math work across income levels. Lower-income families should check where their net price lands after grants, since the tiers can shift what you actually pay by a lot. Higher-income families paying closer to full price still come out ahead given the earnings.

This school fits you if you're committed to nursing and want to start earning quickly without a four-year degree. Look elsewhere if you're unsure about nursing, want a broader academic base, or plan to transfer into a non-health field. Everything here points at one career, and the numbers only pay off if that career is the one you want.