At $17,893/yr net price, University of Mount Olive graduates earn $47,139/yr within 10 years of enrollment, which is $13,139/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $17,893 |
| Estimated 4-Year Cost | $71,572 |
| Median Earnings (10yr post-entry) | $47,139/yr |
| Earnings Premium vs. HS Diploma | +$13,139/yr |
| Estimated Break-Even | 5.4 years |
| Graduation Rate (6-year) | 47.5% |
| Median Debt at Graduation | $27,209 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $14,775/yr |
| $30,001 - $48,000 | $12,115/yr |
| $48,001 - $75,000 | $18,062/yr |
| $75,001 - $110,000 | $15,969/yr |
| $110,001+ | $21,442/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. | Bachelor | $66,821 | $23,717 |
| Health Services/Allied Health/Health Sciences, General. | Associate | $57,047 | $29,492 |
| Management Information Systems and Services. | Bachelor | $49,019 | |
| Business Administration, Management and Operations. | Master | $45,947 | $33,650 |
| Health and Medical Administrative Services. | Bachelor | $43,240 | $36,041 |
| Business Administration, Management and Operations. | Bachelor | $41,631 | $31,000 |
| Human Resources Management and Services. | Bachelor | $40,827 | $36,567 |
| Agricultural Business and Management. | Bachelor | $39,729 | $22,209 |
| Education, General. | Bachelor | $38,289 | |
| Teacher Education and Professional Development, Specific Subject Areas. | Bachelor | $36,560 | $26,100 |
The Risk Factor
47.5% of students at University of Mount Olive 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
University of Mount Olive delivers weak financial returns for most students, with median earnings of $47,139 failing to justify the $27,209 debt burden and 47% graduation rate. Your money works better elsewhere unless you pursue specific healthcare programs.
Nursing stands out as the clear financial winner, generating $66,821 annually with relatively low debt at $23,717. Health services also performs well at $57,047, making these programs the only solid bets at Mount Olive. Business administration disappoints with $45,947 earnings despite $33,650 in debt, while health administration leaves you underwater at $43,240 with $36,041 borrowed.
The 47% graduation rate creates serious financial risk. If you drop out, you carry debt without the degree needed to access higher-paying positions. The 77% retention rate suggests many students recognize this reality after their first year.
Mount Olive works financially if you can secure nursing admission and stick with healthcare tracks. The school serves students seeking affordable nursing education in rural North Carolina, where lower living costs help stretch earnings. However, traditional business and liberal arts students should consider state universities or community colleges that offer better value.
Financial aid reaches less than half of students, limiting affordability options. Focus on merit scholarships if your grades qualify, as need-based aid appears limited. The relatively low net price of $17,893 helps, but only if you graduate in a high-earning program within four years.
Frequently Asked Questions
Is University of Mount Olive worth the cost?
University of Mount Olive offers mixed value depending on your major. Nursing graduates earn $66,821 annually, making the $27,209 median debt manageable, but other programs like business administration ($45,947) provide weaker returns given the cost.
What are the best paying programs at University of Mount Olive?
Nursing programs at University of Mount Olive deliver the strongest ROI, with graduates earning $66,821 annually. Health services and information systems also perform well at $57,047 and $49,019 respectively, while business programs lag behind at $45,947.
How much debt do University of Mount Olive graduates have?
University of Mount Olive graduates carry a median debt of $27,209. With average earnings of $47,139 ten years after graduation, this debt load is reasonable for nursing majors but may be challenging for lower-earning programs.
What is the graduation rate at University of Mount Olive?
University of Mount Olive has a 47.5% graduation rate, meaning more than half of students don't finish their degree. This low completion rate increases the risk of taking on debt without the benefit of a degree.