Licensed Practical/Vocational Nurse Training Degree from Vermont 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 Vermont Technical College is likely to work in.

F D C B A
Approximate Total Payment $119,535
Approximate Total Interest $33,833
Monthly Payment $830.11
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 vermont technical college

Licensed practical and licensed vocational nurses

Projection Rating: B-

Median Annual Wage: $59,730

Percentage of Paycheck to Repay: 16.68%-12.41%

Employment Change: 16.9%

Entry-Level Education: Postsecondary nondegree award

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Investing in your education is a crucial step towards a fulfilling career, and pursuing a Licensed Practical/Vocational Nurse (LPN/VN) Training Degree from Vermont Technical College (VTC) is no exception. This program not only equips you with the essential skills and knowledge to excel in nursing but also offers a significant return on investment (ROI) for your future.

One of the most compelling aspects of VTC's LPN/VN program is its affordability. Compared to many nursing programs, VTC offers competitive tuition rates, allowing you to minimize debt while gaining a valuable credential. Graduates from the program often find themselves in high demand, with employers actively seeking trained professionals to fill vital nursing roles.

The healthcare industry is continuously growing, and the need for licensed practical and vocational nurses is projected to rise. According to the U.S. Bureau of Labor Statistics, employment for LPNs is expected to grow by 9% from 2020 to 2030, faster than the average for all occupations. This growth translates to stable job opportunities and a reliable income for graduates.

Upon completion of the LPN/VN training degree, you can expect competitive salaries. Licensed Practical Nurses in Vermont typically earn an average salary that can range from $45,000 to $55,000 annually, depending on experience and location. This means that within a few years of working, you can potentially recoup your educational expenses and start building savings.

In addition to financial benefits, the program at Vermont Technical College also emphasizes hands-on experience and clinical training. This ensures that graduates are not only knowledgeable but also confident in their abilities to provide high-quality patient care. The strong emphasis on practical skills helps set VTC graduates apart in the job market, making them more attractive candidates to employers.

Furthermore, the connections you make during your training can lead to job placements and networking opportunities that further enhance your career. VTC has established partnerships with local healthcare facilities, which can facilitate internships and job placements upon graduation, giving you a head start in your nursing career.

In summary, pursuing a Licensed Practical/Vocational Nurse Training Degree from Vermont Technical College is a strategic investment in your future. With affordable tuition, strong job growth in the nursing field, competitive salaries, and hands-on experience, the ROI is clear. Take the first step towards a rewarding career in nursing with Vermont Technical College and see how your investment can pay off.

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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