Nursing Administration Degree from University of Southern Mississippi Return on Investment

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

F D C B A
Approximate Total Payment $98,304
Approximate Total Interest $27,823
Monthly Payment $682.67
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 university of southern mississippi

Medical and health services managers

Projection Rating: A-

Median Annual Wage: $110,680

Percentage of Paycheck to Repay: 7.40%-5.51%

Employment Change: 160.6%

Entry-Level Education: Bachelor's degree

Registered nurses

Projection Rating: A-

Median Annual Wage: $86,070

Percentage of Paycheck to Repay: 9.52%-7.08%

Employment Change: 197.2%

Entry-Level Education: Bachelor's degree

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Investing in a Nursing Administration Degree from the University of Southern Mississippi (USM) offers significant returns for aspiring nursing leaders. With a curriculum designed to equip students with essential management and leadership skills, this degree prepares graduates to excel in various healthcare settings. The program emphasizes practical experience, allowing students to apply their learning in real-world scenarios, which can enhance their employability upon graduation.

One of the most compelling benefits of pursuing a Nursing Administration Degree at USM is the potential for increased earning power. Graduates often find themselves in high-demand positions, such as nurse managers, clinical directors, and healthcare administrators, all of which come with competitive salaries. According to recent industry data, nursing administrators can earn upwards of $95,000 annually, making this degree a lucrative investment.

Furthermore, the healthcare industry is experiencing substantial growth, with the Bureau of Labor Statistics projecting an 18% increase in employment for medical and health services managers from 2018 to 2028. This growth translates to more job opportunities for graduates, increasing the return on investment for those who complete their Nursing Administration Degree at USM.

In addition to financial benefits, graduates from USM’s Nursing Administration program gain a network of professional connections, which can prove invaluable as they advance in their careers. The university’s strong ties to healthcare organizations in Mississippi and beyond facilitate internships, job placements, and mentorship opportunities that can significantly impact a graduate’s career trajectory.

Moreover, USM offers flexible learning options, including online courses, making it easier for working professionals to balance their education with job responsibilities. This adaptability can lead to a quicker completion time and a faster return on investment as graduates enter or advance in the workforce sooner.

In summary, a Nursing Administration Degree from the University of Southern Mississippi is not just an educational achievement; it is a strategic investment in your future. With strong earning potential, a growing job market, and extensive networking opportunities, this degree positions graduates for success in the dynamic field of healthcare administration.

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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