Cost vs. Outcomes
| Metric | Value |
|---|---|
| Median Earnings (10yr post-entry) | $79,652/yr |
| Earnings Premium vs. HS Diploma | +$45,652/yr |
| Median Debt at Graduation | $10,500 |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Master | $174,398 | |
| Rehabilitation and Therapeutic Professions. | Doctoral | $69,948 | $86,431 |
| Allied Health Diagnostic, Intervention, and Treatment Professions. | Certificate | $68,778 | $12,500 |
| Clinical/Medical Laboratory Science/Research and Allied Professions. | Bachelor | $62,463 | |
| Clinical/Medical Laboratory Science/Research and Allied Professions. | Certificate | $60,878 | |
| Medicine. | Doctoral | $57,789 | $105,294 |
Analysis
Mayo Clinic College of Medicine and Science delivers strong financial returns for students who stick to its nursing and allied health sweet spots. The registered nursing program produces graduates earning $174,398 annually, making it one of the highest-paying nursing programs in the country. With median debt of just $10,500 across the school, most graduates carry minimal financial burden relative to their earning potential.
The financial picture varies dramatically by program choice. While nursing graduates see strong returns, rehabilitation and therapeutic professions saddle you with $86,431 in debt for $69,948 in annual earnings. That debt-to-income ratio creates a longer payback period that undermines the program's value proposition.
Your biggest financial risk here is program selection. Mayo's reputation opens doors in healthcare, but choosing the wrong major can leave you with debt that doesn't match your earning power. The clinical laboratory science programs show this clearly, with graduates earning around $60,000-$62,000 annually.
This school works financially if you target nursing or select allied health programs with reasonable debt loads. The Mayo name carries significant weight with healthcare employers, particularly in the Midwest, giving graduates hiring advantages that boost long-term earnings potential. The low percentage of students receiving aid suggests either a wealthy student body or limited financial assistance options, so verify aid availability before committing.
Skip Mayo if you want broad career flexibility or if the specific program you want shows poor debt-to-earnings ratios. The school's narrow focus means you pay premium tuition for limited program options outside healthcare.
Frequently Asked Questions
Is Mayo Clinic College of Medicine and Science worth the cost?
Mayo Clinic College offers strong value with median debt of just $10,500 and 10-year earnings of $79,652. The low debt burden makes this a financially safer choice than most medical programs.
What are the highest paying programs at Mayo Clinic College of Medicine and Science?
Nursing Administration leads at $174,398 median earnings, while Rehabilitation and Therapeutic Professions graduates earn around $69,948. Clinical laboratory programs typically start around $60,000-68,000.
How much debt do Mayo Clinic College of Medicine and Science graduates have?
Graduates have a median debt of $10,500, which is unusually low for healthcare programs. This low debt load significantly improves the return on investment compared to other medical schools.
Do Mayo Clinic College of Medicine and Science graduates get good jobs?
Graduates earn a median of $79,652 after 10 years, with nursing administration roles paying significantly more. The Mayo Clinic name provides strong job placement opportunities in healthcare.