At $37,850/yr net price, Nevada Career Institute graduates earn $41,472/yr within 10 years of enrollment, which is $7,472/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $37,850 |
| Estimated 4-Year Cost | $151,400 |
| Median Earnings (10yr post-entry) | $41,472/yr |
| Earnings Premium vs. HS Diploma | +$7,472/yr |
| Estimated Break-Even | 20.3 years |
| Graduation Rate (6-year) | 50.0% |
| Median Debt at Graduation | $9,500 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $37,631/yr |
| $30,001 - $48,000 | $38,000/yr |
| $48,001 - $75,000 | $38,241/yr |
| $75,001 - $110,000 | $38,815/yr |
| $110,001+ | $39,695/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Allied Health Diagnostic, Intervention, and Treatment Professions. | Certificate | $42,123 | $19,747 |
| Health and Medical Administrative Services. | Certificate | $23,166 | $9,500 |
| Allied Health and Medical Assisting Services. | Certificate | $20,461 | $9,319 |
The Risk Factor
50.0% of students at Nevada Career Institute graduate within 6 years. More than half of students finish, but the dropout rate is a real factor in whether this investment pays off.
Analysis
Nevada Career Institute delivers poor financial returns that make it difficult to recommend for most students. With annual costs of $37,850 and median post-graduation earnings of just $41,472, you're paying premium prices for below-average career outcomes.
Only one program offers decent earning potential: Allied Health Diagnostic, Intervention, and Treatment, which produces $42,123 in median earnings. However, graduates in this field carry nearly $20,000 in debt, double the school's overall median. The other health programs perform poorly, with Medical Administrative Services graduates earning just $23,166 and Medical Assisting graduates making $20,461 annually.
The 50% graduation rate presents significant risk. Half of students leave without completing their programs, often still carrying debt with no credential to show for it. This makes Nevada Career Institute particularly risky if you're unsure about your commitment to healthcare careers.
You should consider this school only if you're certain about pursuing the diagnostic/treatment program and have exhausted cheaper alternatives like community colleges offering similar healthcare training. The Las Vegas healthcare job market does offer opportunities, but the high cost here undermines the financial benefit.
With 60% of students receiving financial aid, most attendees qualify for assistance, but aid packages don't appear generous enough to offset the high sticker price. Community colleges in Nevada offer many comparable healthcare programs at fraction of the cost with better job placement rates in the local market.
Frequently Asked Questions
Is Nevada Career Institute worth the cost?
Nevada Career Institute's $37,850 annual cost produces graduates earning $41,472 after 10 years, making it a borderline investment. With a 50% graduation rate and median debt of $9,500, the school works best for students who complete their programs and enter higher-paying allied health fields.
What Nevada Career Institute programs have the best ROI?
Allied Health Diagnostic, Intervention, and Treatment programs offer the strongest return with $42,123 average earnings. Health and Medical Administrative Services ($23,166) and Medical Assisting Services ($20,461) provide much weaker financial outcomes relative to the school's cost.
How much debt do Nevada Career Institute graduates typically have?
Nevada Career Institute graduates carry a median debt of $9,500, which is relatively low compared to the school's high annual price. However, the 50% graduation rate means many students may accumulate debt without completing their programs.
What are the biggest financial risks at Nevada Career Institute?
The main risk is the 50% graduation rate, meaning half of students don't finish their programs despite paying high tuition. Students in lower-earning programs like Medical Assisting may struggle to justify the $37,850 annual cost with starting salaries around $20,000.