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273Students
100%Grad Rate (6-yr)
$96,980Earnings
#7 in New YorkPrivate nonprofit4-yearData: 2023-24

Cost vs. Outcomes

Return on investment data for Mount Sinai Phillips School of Nursing
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

Completion Risk: Low Risk

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 gives you one of the cleaner ROI profiles you'll find. You graduate with median debt of $19,750 and earn about $96,980 ten years out. That debt equals roughly a quarter of a single year's median earnings, so you can clear it quickly on a nurse's salary in the New York City market, where hospital demand and pay run high.

This is a single-focus nursing school, so there's no weak major dragging down the average. Your return hinges entirely on nursing, and nursing pays. The 100% graduation rate means you're not gambling on whether you finish, which is where a lot of ROI bets go wrong at other schools. If you enroll, you finish, and finishing here reliably lands you in a well-paid field.

The risk specific to this school is that it's all-in on one path. If you decide nursing isn't for you partway through, there's no other program to pivot to, and you'd carry the private-nonprofit cost without the payoff. This is a fit if you already know you want to be a nurse in the New York area. If you're undecided, a broader school protects you better.

The low Pell share, 1.52%, tells you this student body skews toward higher-income families, not that most people pay sticker price. Check the net price tiers by income before assuming what you'll owe. Lower-income families should look hard at the bottom tiers, since the earnings here support the debt even at higher net prices. Given the salary you can expect, the cost is defensible across income levels as long as you complete the nursing degree.

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.