Nursing Administration Degree from Southern New Hampshire University Return on Investment

See what the return on investment is for jobs that someone with a Nursing Administration degree from Southern New Hampshire University is likely to work in.

F D C B A
Approximate Total Payment $206,225
Approximate Total Interest $58,369
Monthly Payment $1432.12
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 nursing administration from southern new hampshire university

Medical and health services managers

Projection Rating: B-

Median Annual Wage: $110,680

Percentage of Paycheck to Repay: 15.53%-11.55%

Employment Change: 160.6%

Entry-Level Education: Bachelor's degree

Registered nurses

Projection Rating: B-

Median Annual Wage: $86,070

Percentage of Paycheck to Repay: 19.97%-14.86%

Employment Change: 197.2%

Entry-Level Education: Bachelor's degree

Don't see the job you're looking for? Click here.

Investing in your education is a critical decision, especially when it comes to pursuing a Nursing Administration degree from Southern New Hampshire University (SNHU). This program offers a unique blend of advanced nursing knowledge and leadership skills, preparing you for a rewarding career in healthcare administration. But what does the return on investment (ROI) look like for this degree?

First and foremost, the demand for nursing administrators continues to grow, making this degree a valuable asset in today’s job market. According to the Bureau of Labor Statistics, the employment of medical and health services managers is projected to grow much faster than the average for all occupations, indicating a strong job outlook for graduates. SNHU’s Nursing Administration program equips you with the skills needed to excel in various settings, including hospitals, long-term care facilities, and healthcare organizations.

Financially, the ROI for a Nursing Administration degree can be significant. Graduates often see a substantial increase in earning potential compared to their peers without advanced degrees. According to recent salary surveys, nursing administrators can earn a competitive salary, with many professionals making well over $90,000 annually. This increased earning potential can help offset the costs of your education over time, making the investment worthwhile.

Moreover, SNHU offers a flexible online format, allowing you to balance your studies with work and personal commitments. This accessibility means you can continue gaining experience in the field while pursuing your degree, further enhancing your resume and career prospects. The university’s strong network of alumni and career services can also provide valuable connections and job opportunities in the healthcare industry.

In conclusion, earning a Nursing Administration degree from Southern New Hampshire University presents a compelling return on investment. With high demand for nursing leaders, competitive salaries, and the flexibility to study while you work, this degree can help you achieve your career goals and make a positive 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.

Get your personalized projection here!