Licensed Practical/Vocational Nurse Training Degree from Monroe College Return on Investment
See what the return on investment is for jobs that someone with a Licensed Practical/Vocational Nurse Training degree from Monroe College is likely to work in.
Top job projections for graduates in licensed practical/vocational nurse training from monroe college
Licensed practical and licensed vocational nurses
Projection Rating: B
Median Annual Wage: $59,730
Percentage of Paycheck to Repay: 14.92%-11.10%
Employment Change: 16.9%
Entry-Level Education: Postsecondary nondegree award
When considering a career in nursing, the Licensed Practical/Vocational Nurse Training Degree from Monroe College stands out as a valuable investment in your future. This program not only equips you with the essential skills needed to excel in the healthcare field but also offers a compelling return on investment (ROI) that can significantly enhance your professional journey.
The demand for licensed practical and vocational nurses (LPNs/LVNs) is on the rise, with the U.S. Bureau of Labor Statistics projecting a 9% growth rate in employment for LPNs from 2020 to 2030. This translates to numerous job opportunities in various healthcare settings, including hospitals, nursing homes, and outpatient facilities. By enrolling in Monroe College's program, you position yourself at the forefront of this expanding field.
Monroe College’s LPN/LVN program is known for its comprehensive curriculum, hands-on training, and experienced faculty. Students gain practical experience through clinical rotations, ensuring they are well-prepared for the challenges of real-world nursing. Graduates of this program often see a swift return on their investment, with many securing employment shortly after graduation at competitive salaries.
Moreover, the program offers flexible scheduling options, making it accessible for working professionals and those with family commitments. This flexibility allows you to pursue your education without sacrificing your current responsibilities, ultimately accelerating your path to a rewarding nursing career.
Financially, the cost of the Licensed Practical/Vocational Nurse Training Degree at Monroe College is competitive compared to similar programs. With various financial aid options available, including scholarships and grants, students can minimize their out-of-pocket expenses and maximize their ROI. The average salary for LPNs/LVNs ranges from $40,000 to $55,000 annually, depending on location and experience, providing a promising financial outlook for graduates.
In summary, investing in a Licensed Practical/Vocational Nurse Training Degree from Monroe College not only opens doors to a fulfilling career but also promises a strong return on investment. By choosing Monroe College, you are taking a significant step toward a stable and rewarding future 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.