At $31,766/yr net price, St Paul's School of Nursing-Queens graduates earn $104,403/yr within 10 years of enrollment, which is $70,403/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $31,766 |
| Estimated 4-Year Cost | $127,064 |
| Median Earnings (10yr post-entry) | $104,403/yr |
| Earnings Premium vs. HS Diploma | +$70,403/yr |
| Estimated Break-Even | 1.8 years |
| Graduation Rate (6-year) | 41.5% |
| Median Debt at Graduation | $25,730 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $29,290/yr |
| $30,001 - $48,000 | $33,009/yr |
| $48,001 - $75,000 | $34,034/yr |
| $75,001 - $110,000 | $36,461/yr |
| $110,001+ | $38,134/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Associate | $63,997 | $26,125 |
| Allied Health and Medical Assisting Services. | Associate | $32,350 | $13,475 |
The Risk Factor
41.5% of students at St Paul's School of Nursing-Queens 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
St Paul's School of Nursing-Queens delivers strong earnings potential despite concerning graduation rates. Your median post-graduation income of $104,403 easily justifies the $31,766 annual cost, creating solid returns within nursing's high-demand New York market.
The registered nursing program produces the best financial outcomes at $63,997 starting salaries with manageable debt loads around $26,125. This aligns well with Queens' healthcare sector needs and positions you for steady career advancement. The allied health program shows weaker returns at $32,350 annually, making the debt harder to justify given similar programs cost less elsewhere.
Your biggest financial risk lies in the 41.5% graduation rate. Nearly six out of ten students leave without completing their programs, often carrying debt without the credentials to access higher-paying healthcare positions. The nursing shortage creates job security for graduates, but only if you actually finish.
This school works best if you need flexible scheduling for nursing school while working, since many Queens healthcare employers recognize the program. You should avoid St Paul's if you're unsure about completing nursing school or considering the allied health track, where community colleges offer better value.
Financial aid reaches less than half of students, so expect limited scholarship opportunities. The school's for-profit status means fewer grant options compared to community college nursing programs. Focus on federal aid and consider part-time enrollment to manage costs, though this extends your time to graduation and earning potential.
Frequently Asked Questions
Is St Paul's School of Nursing-Queens worth the cost?
With a net price of $31,766 per year and 10-year earnings of $104,403, the school offers solid financial returns for nursing graduates. However, the 41.5% graduation rate means many students don't complete their programs, which significantly increases the risk of taking on debt without earning a degree.
What is the return on investment for St Paul's School of Nursing-Queens programs?
The Registered Nursing program shows strong ROI with graduates earning around $64,000 annually, well above the median debt of $25,730. Allied Health programs pay much less at $32,350, making debt repayment more challenging for those graduates.
How much debt do St Paul's School of Nursing-Queens graduates have?
The median debt is $25,730, which is manageable for nursing graduates earning $64,000 but becomes problematic for Allied Health graduates earning $32,350. With the low graduation rate, many students risk accumulating debt without completing their degree.
Does St Paul's School of Nursing-Queens have good job prospects after graduation?
Nursing graduates from St Paul's School of Nursing-Queens typically find good employment opportunities with starting salaries around $64,000. The main concern is the 41.5% graduation rate, meaning nearly 6 out of 10 students don't finish their programs to access these job opportunities.