Licensed Practical/Vocational Nurse Training Degree from Northern New Mexico College Return on Investment

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

F D C B A
Approximate Total Payment $73,054
Approximate Total Interest $20,677
Monthly Payment $507.32
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 northern new mexico college

Licensed practical and licensed vocational nurses

Projection Rating: B+

Median Annual Wage: $59,730

Percentage of Paycheck to Repay: 10.19%-7.58%

Employment Change: 16.9%

Entry-Level Education: Postsecondary nondegree award

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The decision to pursue a Licensed Practical/Vocational Nurse (LPN/LVN) Training Degree from Northern New Mexico College is not just about obtaining a qualification; it's an investment in your future. With the healthcare industry continuously expanding, the demand for skilled nursing professionals is at an all-time high. This program offers students a pathway to a rewarding career while providing an impressive return on investment (ROI).

When considering the ROI of the LPN/LVN program, it's essential to look at the cost of education against potential earnings. Graduates from Northern New Mexico College can expect to enter the workforce with competitive salaries. According to the Bureau of Labor Statistics, LPNs and LVNs earn a median annual wage that is significantly higher than the national average for all occupations. By investing in your education today, you can secure a stable and lucrative career tomorrow.

Additionally, Northern New Mexico College is committed to providing high-quality training through experienced instructors and hands-on clinical experiences. This ensures that graduates are not only knowledgeable but also job-ready, giving them an edge in the job market. The college's strong connections with local healthcare facilities also enhance job placement opportunities for its graduates, further increasing the ROI of the program.

Moreover, the flexibility of the program allows students to balance their studies with personal and professional responsibilities, making it accessible to a broader range of individuals. Financial aid options and scholarships are also available, reducing the initial investment and making it easier for students to embark on their nursing careers.

In conclusion, choosing to pursue a Licensed Practical/Vocational Nurse Training Degree from Northern New Mexico College is a decision that promises significant returns. With a strong job outlook, competitive salaries, and a supportive educational environment, students can confidently invest in their future and make a meaningful impact in the healthcare field.

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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