At $20,237/yr net price, Professional Skills Institute graduates earn $47,765/yr within 10 years of enrollment, which is $13,765/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $20,237 |
| Estimated 4-Year Cost | $80,948 |
| Median Earnings (10yr post-entry) | $47,765/yr |
| Earnings Premium vs. HS Diploma | +$13,765/yr |
| Estimated Break-Even | 5.9 years |
| Graduation Rate (6-year) | 67.4% |
| Median Debt at Graduation | $17,813 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $19,438/yr |
| $30,001 - $48,000 | $18,292/yr |
| $48,001 - $75,000 | $24,047/yr |
| $75,001 - $110,000 | $25,499/yr |
| $110,001+ | $24,700/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Practical Nursing, Vocational Nursing and Nursing Assistants. | Certificate | $44,691 | |
| Allied Health and Medical Assisting Services. | Associate | $36,591 |
The Risk Factor
67.4% of students at Professional Skills Institute graduate within 6 years. A significant share of students finish, but roughly 33% do not complete their degree.
Analysis
Professional Skills Institute delivers weak financial returns that should give you serious pause. With median earnings of $47,765 ten years after graduation and a net price of $20,237 annually, you're looking at a payback period that stretches uncomfortably long for a vocational program.
The nursing program generates the strongest returns at $44,691, but even this flagship offering falls short of what you'd expect from healthcare training. Allied Health and Medical Assisting Services pays just $36,591, making the investment questionable when you can often enter these fields through community college programs at half the cost.
The school's 50% retention rate signals major problems with student satisfaction or program quality. When half of students don't return for their second year, it suggests either poor academic support or programs that don't meet expectations. The 67% graduation rate compounds this concern.
You face significant financial risk here. While 73% of students receive aid and median debt stays relatively low at $17,813, the earning potential doesn't justify even this modest debt load when compared to alternatives. Community colleges in Ohio offer similar healthcare programs with better job placement rates and lower costs.
This school might work for you if you need flexible scheduling or have already started here and are close to finishing. Otherwise, your money goes further at community colleges or state universities with stronger healthcare programs. The Toledo area job market for medical assistants and practical nurses is competitive, and employers often prefer graduates from established nursing programs at larger institutions.
Frequently Asked Questions
Is Professional Skills Institute worth the cost?
Professional Skills Institute's $20,237 annual cost leads to median earnings of $47,765 after 10 years, which is modest but reasonable for healthcare training programs. With median debt of $17,813, graduates typically face manageable loan payments relative to their starting salaries in nursing and medical assisting.
What is the ROI for Professional Skills Institute nursing programs?
PSI's Practical Nursing program graduates earn a median of $44,691, which provides decent returns given the relatively short training period and $17,813 median debt load. The 67% graduation rate means about one-third of students don't complete their programs, which affects overall value.
How much debt do Professional Skills Institute graduates have?
Professional Skills Institute graduates leave with a median debt of $17,813, which is lower than many four-year colleges but still significant for vocational training. Monthly payments typically run $180-200, which can be challenging on starting healthcare salaries of $36,000-45,000.
Are Professional Skills Institute programs worth it compared to other nursing schools?
PSI's outcomes are typical for vocational nursing schools, with graduates earning $36,591-44,691 depending on the program. The school's 56% acceptance rate and 67% graduation rate indicate average selectivity and completion rates for this type of institution.