Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $16,023 |
| Estimated 4-Year Cost | $64,092 |
| Graduation Rate (6-year) | 77.9% |
| Median Debt at Graduation | $12,403 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $14,041/yr |
| $30,001 - $48,000 | $17,687/yr |
| $48,001 - $75,000 | $19,964/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Practical Nursing, Vocational Nursing and Nursing Assistants. | Certificate | $35,240 | $11,968 |
The Risk Factor
77.9% of students at Ohio Medical Career College graduate within 6 years. A significant share of students finish, but roughly 22% do not complete their degree.
Analysis
Ohio Medical Career College delivers strong financial returns for a focused healthcare training institution. Your median debt of $12,403 stays well below national averages for career colleges, while the 78% graduation rate shows most students complete their programs.
The Practical Nursing program stands out as the clear financial winner, with graduates earning $35,240 annually against debt of just under $12,000. This debt-to-income ratio puts you in solid territory for loan repayment, especially given nursing's job security in Ohio's healthcare market.
Your main financial risk lies in the school's narrow program focus. If healthcare hiring slows or wages stagnate in the Dayton region, you have limited alternatives compared to broader institutions. The for-profit structure also means higher costs than community college nursing programs, though completion rates here exceed most public alternatives.
This school works best if you want fast healthcare entry with predictable costs. The concentrated 16-month nursing program gets you working quickly, and the manageable debt load means you won't struggle with payments on typical LPN wages. Skip this option if you're considering non-healthcare careers or want to transfer credits to a four-year degree later.
Nearly 60% of students receive financial aid, suggesting merit awards or need-based grants help offset costs. The school's small size may offer more personalized financial aid discussions than larger institutions, making it worth asking about payment plans or scholarship opportunities specific to your background.
Frequently Asked Questions
Is Ohio Medical Career College worth the debt?
With a median debt of $12,403 and nursing graduates earning around $35,240, the debt-to-income ratio is manageable compared to many colleges. The relatively low debt load makes this school a reasonable financial choice for healthcare training.
What is the ROI for Ohio Medical Career College nursing programs?
Nursing graduates typically earn $35,240 annually with median debt of $12,403, creating a debt-to-income ratio of about 35%. This is considered acceptable for vocational training, though earnings may start lower than four-year nursing degrees.
How much does Ohio Medical Career College cost compared to other nursing schools?
At $16,023 per year, Ohio Medical Career College costs less than many four-year programs but more than community colleges. The shorter program length helps keep total debt lower than bachelor's degree nursing programs.
Do Ohio Medical Career College graduates get good jobs after graduation?
With a 77.9% graduation rate, most students complete their programs. However, practical nursing and nursing assistant roles typically offer limited career advancement compared to registered nursing positions requiring additional education.