At $12,939/yr net price, Mount Carmel College of Nursing graduates earn $75,103/yr within 10 years of enrollment, which is $41,103/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $12,939 |
| Estimated 4-Year Cost | $51,756 |
| Median Earnings (10yr post-entry) | $75,103/yr |
| Earnings Premium vs. HS Diploma | +$41,103/yr |
| Estimated Break-Even | 1.3 years |
| Graduation Rate (6-year) | 70.9% |
| Median Debt at Graduation | $22,082 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $9,258/yr |
| $30,001 - $48,000 | $8,493/yr |
| $48,001 - $75,000 | $13,884/yr |
| $75,001 - $110,000 | $12,677/yr |
| $110,001+ | $18,319/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. | Master | $94,851 | $35,963 |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Bachelor | $60,630 | $21,500 |
The Risk Factor
70.9% of students at Mount Carmel College of Nursing graduate within 6 years. A significant share of students finish, but roughly 29% do not complete their degree.
Analysis
Mount Carmel College of Nursing gives you a clear, low-risk financial return because it does one thing: train nurses. Net price sits under $13,000 a year, and median debt at graduation lands around $22,000. That is less than a single year of the median earnings you see ten years out. For a private nonprofit four-year school, those are strong numbers.
The bachelor's in nursing is the only program on the table, and it starts you around $60,000 early in your career. Columbus and central Ohio run on large hospital systems, so demand for registered nurses is steady and local. You are not gambling on a soft major or an oversupplied field. The $75,000 median a decade out shows how nursing pay climbs with experience and specialization.
The main risk here is the same as the main strength: there is no backup major. If you enroll and decide nursing is not for you, this school has nothing else to offer, and you would need to transfer. The 70.9% graduation rate means about three in ten do not finish, and clinical nursing coursework is demanding enough that this matters. An 83% retention rate suggests most who start the second year stay on track.
This school fits you if you are committed to nursing and want a direct, affordable path into it. Look elsewhere if you are undecided or want to explore other fields before choosing.
On price by income: if your family earns under $48,000, you pay roughly $8,500-$9,300 a year, the cheapest tiers. Oddly, the $48,000-$75,000 bracket pays about $13,900, more than the $75,000-$110,000 bracket. If your family sits just above the low-income line, run your own aid estimate before assuming a discount.
Frequently Asked Questions
Is Mount Carmel College of Nursing worth the cost?
Mount Carmel delivers solid ROI with graduates earning $75,103 after 10 years while carrying relatively low debt at $22,082. The specialized nursing focus and reasonable net price of $12,939 annually make it a practical choice for nursing careers.
What is the job outlook for Mount Carmel College of Nursing graduates?
Nursing graduates from Mount Carmel enter a high-demand field with strong job security. The college's 70.90% graduation rate suggests most students complete their programs, though some struggle to finish.
How much debt do Mount Carmel College of Nursing students typically graduate with?
Students graduate with a median debt of $22,082, which is manageable given nursing salaries. The low net price helps keep borrowing reasonable compared to other healthcare programs.
Which programs at Mount Carmel College of Nursing have the best return on investment?
The Registered Nursing, Nursing Administration, and Clinical Nursing programs show strong earning potential. However, there appears to be significant variation in outcomes within these programs based on specialization and career path.