Data insight · United States

College Cost — Insights

Best ROI by degree

California public schools dominate the fastest-payback nursing degrees

Bachelor's nursing programs ranked by estimated time to pay back

Fastest-payback bachelor's nursing programs
#NameEst. payback
1San Jose State UniversityCA · Public6.3 years
2California State University-East BayCA · Public6.7 years
3California State University-StanislausCA · Public6.9 years
4Sonoma State UniversityCA · Public7.0 years
5CUNY Medgar Evers CollegeNY · Public7.0 years
6San Francisco State UniversityCA · Public7.0 years
7CUNY York CollegeNY · Public7.1 years
8California State University-SacramentoCA · Public7.1 years
9CUNY Hunter CollegeNY · Public7.2 years
10University of Arkansas GranthamAR · Public7.2 years

estimated years from enrollment to payback · Payback is modeled against a high-school-graduate income baseline.

collegecost.fyi · Source: federal College Scorecard

When bachelor's nursing programs are ranked by how fast the degree is estimated to pay for itself, the fastest results are not elite private schools. They are mostly lower-cost public options.

Read the list carefully, though: the same systems repeat. Most of these are individual campuses of two large public university systems — California State University (CSU) and the City University of New York (CUNY). This is less "ten separate schools" and more "two low-cost public systems whose nursing graduates earn well." At least one entry is also a primarily online school, which changes the cost picture in its own way.

Nursing is a useful field to look at first because earnings after graduation are relatively consistent. That makes cost — net price and debt — the main thing separating a fast payback from a slow one, and large public systems tend to win on cost.

The point is not that any one of these is the single best nursing school. It is that return on investment changes a lot once you compare net price, debt, early earnings, and payback time instead of starting from prestige.

Methodology

Payback is the estimated number of years from enrollment until the degree's extra after-tax earnings cover its modeled cost, compared against a high-school-graduate income baseline. Cost combines average net price, borrowing, and forgone income; earnings come from the College Scorecard field-of-study data for the registered-nursing CIP family. Each Scorecard institution is ranked separately, so different campuses of the same public system appear as their own entries. Only programs with enough reported data to model a payback are ranked.

Source & caveats

These are estimates for the typical student in this dataset, not guaranteed outcomes. Several entries are campuses of the same public system (CSU, CUNY), so the ranking reflects low-cost public systems as much as standalone schools. Median earnings reflect students who borrowed federal aid and may not represent every graduate. Local job markets, licensing, and individual results vary.

Source: federal College Scorecard, via collegecost.fyi.

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