Cost vs. Outcomes
| Metric | Value |
|---|---|
| Median Earnings (10yr post-entry) | $72,850/yr |
| Earnings Premium vs. HS Diploma | +$38,850/yr |
| Median Debt at Graduation | $15,000 |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Master | $95,517 | $40,500 |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Bachelor | $59,674 | $15,000 |
Analysis
Saint Francis Medical Center College of Nursing gives you a focused, low-risk financial bet. This is a single-track nursing school, and the numbers reflect that. Your typical median debt sits at $15,000, which is small next to what four years at a private nonprofit usually runs. Pair that with median earnings of $72,850 ten years out, and the payoff math works in your favor.
The bachelor's program in Registered Nursing carries that same $15,000 debt load against a starting-range median of $59,674. Because the school only trains nurses, you don't have the usual private-college problem of low-paying majors dragging down the average. There is no soft humanities track here that leaves you with debt and no job. Every degree points at a licensed clinical role with steady regional demand across central Illinois hospital systems.
The risk is narrow but real. If you enroll and don't pass nursing coursework or licensure, you have no other major to fall back on. Your borrowing is modest, so the downside is contained, but the whole value of this school depends on you finishing and getting licensed. This is not a place to explore what you want to do.
You are a good fit if you already know you want nursing and want to keep debt low while entering a field that pays a livable wage in this region. Look elsewhere if you are undecided or want a broad academic experience.
On net price, lower-income families will lean on the roughly one-third Pell share plus other grants and loans to cover costs, while higher-income families paying closer to sticker still come out ahead given the $15,000 typical debt and the clear salary path. Either way, the debt stays manageable relative to the nursing paycheck it buys.
Frequently Asked Questions
Is Saint Francis Medical Center College of Nursing worth the cost?
With median debt of only $15,000 and nursing graduates earning $72,850 annually after 10 years, Saint Francis offers strong ROI for nursing students. The low debt burden makes this school a solid financial choice compared to other nursing programs.
What is the average debt for Saint Francis Medical Center College of Nursing graduates?
Graduates typically leave with $15,000 in debt, which is significantly lower than the national average for nursing programs. This manageable debt load improves the overall value proposition of attending Saint Francis.
Do Saint Francis Medical Center College of Nursing graduates get good jobs?
Graduates earn a median of $72,850 ten years after graduation, with some nursing specializations reaching $95,517. The focused nursing curriculum and clinical training appear to translate into solid employment outcomes.
Which programs at Saint Francis Medical Center College of Nursing have the best ROI?
The Registered Nursing, Nursing Administration, and Nursing Research programs show the strongest returns, with some graduates earning $95,517 annually. However, even lower-earning nursing tracks at $59,674 still provide reasonable ROI given the low debt levels.