Licensed Practical/Vocational Nurse Training Degree from Moraine Valley Community College Return on Investment

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

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Approximate Total Payment $50,133
Approximate Total Interest $14,189
Monthly Payment $348.15
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 moraine valley community college

Licensed practical and licensed vocational nurses

Projection Rating: A-

Median Annual Wage: $59,730

Percentage of Paycheck to Repay: 6.99%-5.20%

Employment Change: 16.9%

Entry-Level Education: Postsecondary nondegree award

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Investing in your future is a crucial step in achieving your career goals, especially in the healthcare field. The Licensed Practical/Vocational Nurse (LPN/VN) Training Degree from Moraine Valley Community College (MVCC) offers a comprehensive curriculum designed to equip you with the skills and knowledge needed to excel in nursing. But what about the return on investment (ROI)? Let’s explore the benefits that make this program a smart choice for aspiring healthcare professionals.

Firstly, the demand for licensed practical nurses is on the rise. According to the U.S. Bureau of Labor Statistics, employment for LPNs is projected to grow much faster than the average for all occupations. This growth translates into a wide array of job opportunities, allowing graduates from MVCC to secure positions in hospitals, nursing homes, clinics, and more. With a solid job placement rate, your investment in education will yield a strong return as you enter the workforce.

Additionally, the cost of attending Moraine Valley Community College is relatively low compared to four-year institutions. This affordability means that students can graduate with less debt, easing the financial burden and enhancing overall ROI. By choosing MVCC, you can earn your LPN/VN degree without the financial strain often associated with higher education, allowing you to start your nursing career sooner and with greater financial freedom.

Moreover, the quality of education provided by MVCC is exceptional. The program is accredited and features experienced faculty who are dedicated to student success. Hands-on clinical experience ensures that you are not only learning theory but also applying your skills in real-world settings. This practical training is invaluable and prepares you to meet the challenges of the healthcare environment effectively.

Lastly, becoming a licensed practical nurse opens doors to further career advancement. Many graduates choose to continue their education, pursuing additional certifications or degrees, which can lead to higher salaries and leadership positions within the healthcare field. By starting with an LPN/VN degree from MVCC, you lay the groundwork for a rewarding and lucrative career in nursing, amplifying your overall return on investment.

In conclusion, the Licensed Practical/Vocational Nurse Training Degree from Moraine Valley Community College is not just an educational program; it is a strategic investment in your future. With a strong job market, affordable tuition, high-quality training, and pathways for advancement, your decision to enroll will undoubtedly lead to a promising and rewarding career in nursing.

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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