Nursing Science Degree from Minnesota State University – Mankato Return on Investment

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

F D C B A
Approximate Total Payment $87,522
Approximate Total Interest $24,772
Monthly Payment $607.79
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 minnesota state university - mankato

Nurse practitioners

Projection Rating: A-

Median Annual Wage: $126,260

Percentage of Paycheck to Repay: 8.66%-6.45%

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: 6.59%-4.90%

Employment Change: 160.6%

Entry-Level Education: Bachelor's degree

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

Are you considering a Nursing Science degree from Minnesota State University – Mankato? Understanding the return on investment (ROI) for your education is crucial in making an informed decision about your future. This degree not only equips you with essential nursing skills but also positions you for a rewarding career in healthcare.

The Nursing Science program at Minnesota State University – Mankato is designed to provide students with a comprehensive understanding of nursing practices, patient care, and healthcare systems. Graduates of this program are well-prepared to meet the demands of the healthcare industry, which continues to grow at a rapid pace. With an increasing number of job opportunities in nursing, your degree can lead to a stable and fulfilling career.

When evaluating the ROI of your Nursing Science degree, consider the following factors:

  • High Earning Potential: Registered Nurses (RNs) in Minnesota and across the United States earn competitive salaries. According to the U.S. Bureau of Labor Statistics, the median annual wage for RNs was over $75,000 in recent years. This figure is expected to rise as demand for healthcare professionals increases.
  • Job Security: The healthcare industry is known for its resilience, even during economic downturns. As an RN, you’ll enjoy a high level of job security, making your investment in education worthwhile.
  • Career Advancement Opportunities: A Nursing Science degree opens the door to various career paths, including specialized nursing roles, management positions, and advanced practice nursing. This versatility allows you to tailor your career to your interests and goals.
  • Strong Alumni Network: Minnesota State University – Mankato boasts a robust alumni network, providing students with valuable connections in the healthcare field. Networking opportunities can lead to internships, job placements, and mentorship.
  • Comprehensive Support Services: The university offers resources such as academic advising, tutoring, and career services to help you succeed throughout your studies and beyond.

Investing in a Nursing Science degree from Minnesota State University – Mankato not only enhances your professional qualifications but also offers a solid return on your investment. With a blend of theoretical knowledge and practical experience, you’ll be equipped to make a meaningful impact in the healthcare sector while enjoying a rewarding career.

In conclusion, pursuing a Nursing Science degree at Minnesota State University – Mankato is a strategic decision that promises a favorable return on investment. From high earning potential to job security and career advancement, this degree sets the foundation for a successful future in nursing. Take the first step towards your rewarding career in healthcare today!

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!