Licensed Practical/Vocational Nurse Training Degree from Clover Park Technical College Return on Investment

See what the return on investment is for jobs that someone with a Licensed Practical/Vocational Nurse Training degree from Clover Park Technical College is likely to work in.

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Approximate Total Payment $60,254
Approximate Total Interest $17,054
Monthly Payment $418.43
Assumed Loan Type Direct Subsidized
Assumed Repayment Plan Standard Fixed
Assumed Payoff Years 12
Assumed Scholarship Amount $0
Assumed Down Payment $0

Top job projections for graduates in licensed practical/vocational nurse training from clover park technical college

Licensed practical and licensed vocational nurses

Projection Rating: A-

Median Annual Wage: $59,730

Percentage of Paycheck to Repay: 8.41%-6.26%

Employment Change: 16.9%

Entry-Level Education: Postsecondary nondegree award

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Investing in your education is a significant decision, and when it comes to pursuing a Licensed Practical/Vocational Nurse (LPN/VN) Training Degree from Clover Park Technical College, the return on investment (ROI) can be substantial. This program not only provides you with the essential skills and knowledge needed to excel in the nursing field but also paves the way for a rewarding career with strong job prospects.

The demand for licensed practical and vocational nurses continues to grow, driven by an aging population and the increasing need for healthcare services. Graduates of Clover Park Technical College's LPN/VN program are well-prepared to enter the workforce and make a positive impact on patient care. With hands-on training and clinical experience, students leave the program ready to tackle the challenges of the healthcare environment.

In terms of financial investment, the cost of the LPN/VN program at Clover Park is competitive compared to other nursing programs. Additionally, the potential earnings for LPNs and VNs are promising. According to the Bureau of Labor Statistics, the median annual wage for licensed practical nurses was approximately $48,000 as of 2022, with many graduates earning even more based on experience and location.

Furthermore, Clover Park Technical College boasts strong partnerships with local healthcare facilities, enhancing job placement opportunities for graduates. Many students find employment shortly after completing their training, which accelerates their return on investment. With a focus on career readiness, the college equips its students with both technical skills and professional development necessary for success in the nursing field.

Choosing to pursue a Licensed Practical/Vocational Nurse Training Degree from Clover Park Technical College is not just an academic decision; it’s a strategic investment in your future. With a robust curriculum, excellent job placement rates, and the potential for a lucrative career, this program offers a strong ROI that can lead to lifelong fulfillment in the healthcare industry.

Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.

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