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 gives you a mixed financial picture that leans risky. You'll borrow a relatively modest amount, and the debt load stays low enough that repayment shouldn't crush you after graduation. But the payoff on the other side is thin, and the school's biggest warning sign is who leaves before finishing.
Half of students don't come back after the first year. That retention number is the single most important thing for you to sit with. If you're one of the students who leaves, you've paid a year at a for-profit price and walked away with debt and no credential to show for it. The graduation rate looks decent by comparison, but it only applies to the students who make it past that first-year cliff.
Because no bachelor-level program earnings are listed, there's no way to tell you which majors here pay off and which don't. That absence is itself a risk. You're signing up without program-specific salary evidence, so you're trusting the school on outcomes it hasn't shown you.
The net price tiers work backwards from what you'd expect. Families earning under $48k pay less than families in the middle and upper brackets, so if your household income is above $48k, you'll actually pay more here, not less. There's no discount for climbing the income ladder at this school.
This school fits you if you're low-income, confident you'll finish, and headed toward a specific job that this training leads to directly. Look elsewhere if you're unsure about your path, since the first-year dropout risk here means the downside is losing money with nothing earned. Get the program-level job placement numbers in writing before you enroll.
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.