Nursing Science Degree from Illinois State University Return on Investment

See what the return on investment is for jobs that someone with a Nursing Science degree from Illinois State University is likely to work in.

F D C B A
Approximate Total Payment $132,425
Approximate Total Interest $37,481
Monthly Payment $919.62
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 science from illinois state university

Nurse practitioners

Projection Rating: B

Median Annual Wage: $126,260

Percentage of Paycheck to Repay: 13.11%-9.76%

Employment Change: 135.5%

Entry-Level Education: Master's degree

Medical and health services managers

Projection Rating: A-

Median Annual Wage: $110,680

Percentage of Paycheck to Repay: 9.97%-7.42%

Employment Change: 160.6%

Entry-Level Education: Bachelor's degree

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Are you considering pursuing a Nursing Science Degree from Illinois State University? Understanding the return on investment (ROI) is crucial when making this important educational decision. With the rising demand for healthcare professionals, a degree in nursing not only offers a pathway to a rewarding career but also promises significant financial and personal returns.

Illinois State University’s Nursing Science program equips students with the necessary skills and knowledge to excel in the healthcare field. Graduates benefit from a robust curriculum that includes hands-on clinical experiences, cutting-edge technology, and access to experienced faculty. This comprehensive education prepares you for a variety of nursing roles, fostering both professional growth and career advancement.

One of the key factors in evaluating the ROI of a Nursing Science Degree is the earning potential. According to recent data, registered nurses in Illinois earn a competitive salary, often significantly above the state’s average income. With experience and specialization, nurses can further increase their earnings, making this degree a smart financial investment.

Moreover, the job market for nurses is expected to grow substantially in the coming years. The U.S. Bureau of Labor Statistics projects that employment for registered nurses will increase by 6% from 2021 to 2031, which translates to hundreds of thousands of new job opportunities. This growth ensures that your degree will open doors to stable and rewarding employment.

Additionally, Illinois State University offers various financial aid options, scholarships, and flexible learning schedules, making it easier for students to manage their educational expenses. Investing in your education can lead to long-term financial stability and career satisfaction.

In summary, pursuing a Nursing Science Degree from Illinois State University not only equips you with essential nursing skills but also provides a strong return on investment. With high earning potential, job security, and a fulfilling career path, this degree is a valuable asset for anyone looking to make a significant impact in the healthcare sector.

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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