Cost vs. Outcomes
| Metric | Value |
|---|---|
| Median Earnings (10yr post-entry) | $96,980/yr |
| Earnings Premium vs. HS Diploma | +$62,980/yr |
| Graduation Rate (6-year) | 100.0% |
| Median Debt at Graduation | $19,750 |
The Risk Factor
100.0% of students at Mount Sinai Phillips School of Nursing graduate within 6 years. Most students who start here finish their degree.
Analysis
Mount Sinai Phillips School of Nursing delivers strong financial returns with a median debt of just $19,750 and graduates earning $96,980 ten years out. This debt-to-income ratio represents one of the strongest ROI profiles among nursing programs nationwide.
The school's 100% graduation rate eliminates the biggest financial risk facing nursing students elsewhere: dropping out with debt but no degree. Your investment pays off because you will finish the program and enter New York's high-paying healthcare market immediately.
The extraordinarily low financial aid rate of 1.52% reveals this school's unique position. Most students pay full tuition upfront, suggesting either strong family financial backing or employer sponsorship arrangements. If you need significant financial aid, you may struggle to afford this program despite its excellent outcomes.
New York's nursing market justifies the investment. Hospital systems like Mount Sinai, NYU Langone, and NewYork-Presbyterian pay premium wages, and your school's direct hospital affiliation creates networking advantages that translate into job opportunities and salary negotiations.
This school works best for students who can afford the upfront costs without heavy borrowing or those with employer tuition reimbursement. The small class sizes and hospital connections make it ideal for career changers seeking accelerated entry into high-paying nursing roles. If you're comparing nursing programs purely on financial metrics, few match this combination of manageable debt and strong earning potential in one of the country's highest-paying nursing markets.
Frequently Asked Questions
Is Mount Sinai Phillips School of Nursing worth the cost?
With a median debt of $19,750 and graduates earning $96,980 after 10 years, Mount Sinai Phillips School of Nursing offers strong return on investment. The 100% graduation rate and relatively low debt load make it a financially sound choice for nursing students.
How much debt do Mount Sinai Phillips School of Nursing graduates typically have?
Mount Sinai Phillips School of Nursing graduates leave with a median debt of $19,750, which is significantly lower than many nursing programs. This manageable debt level, combined with strong earning potential, creates favorable loan-to-income ratios.
What is the job market like for Mount Sinai Phillips School of Nursing graduates?
The school's 100% graduation rate and location in New York's major medical hub provide graduates with strong job prospects. Nurses from this program earn nearly $97,000 annually after 10 years, reflecting the high demand for qualified nurses in the region.
Does Mount Sinai Phillips School of Nursing provide good financial aid?
The low median debt of $19,750 suggests the school offers substantial financial aid or has competitive tuition rates. This debt level is manageable given nursing salary expectations, making the program accessible to students from various financial backgrounds.