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Mount Carmel College of Nursing — ROI, Cost & Payback

Private nonprofit · Columbus, OH · 532 students

The verdict

Mount Carmel College of Nursing charges a net price of $10,420/yr after aid — a 4-year total of $41,680. Graduates earn a median $75,103 ten years after entry, $26,743/yr above the $48,360 high-school baseline, clearing the total in 1.6 years — a 20-year net return of $493,180, a strong payback — the degree clears its cost fast. (Scorecard, 2026 · our math.)

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Mount Carmel College of Nursing's 1.6-year payback ranks #47 of 1,280 US colleges we track — better ROI than 96% of them, and #1 of 144 in Ohio.

Better ROI than 96% of US colleges#47 of 1,280
Weakest ROIStrongest ROI
$10,420
Net price / yr
Scorecard, 2026
$75,103
Median earnings, 10 yrs
Scorecard, 2026
1.6 yrs
Payback
Our math, 2026
84%
Admission rate
Scorecard, 2026
Mount Carmel College of Nursing: cost, earnings and payback
MeasureValueSource
Net price (after aid)$10,420/yrScorecard, 2026
Total net cost (4 yrs)$41,680our math
Median earnings, 10 yrs after entry$75,103Scorecard, 2026
Earnings premium over HS baseline$26,743/yrour math
Median debt (completers)$22,082Scorecard, 2026
Payback1.6 yrsour math
20-year net return$493,180our math

College Scorecard (2026 release), institution-level · payback and returns are our math.

The arithmetic, on Mount Carmel College of Nursing's own numbers. Net price $10,420 × 4 years = $41,680 total. Median earnings $75,103 − the $48,360 high-school baseline = $26,743 a year of premium. $41,680 ÷ $26,743 = 1.6 years to break even; twenty years of that premium minus the cost leaves $493,180. Future dollars are not discounted, and the earnings figure blends every major here — your programme can beat or miss it. Full method.

How much debt do Mount Carmel College of Nursing students graduate with?

A median $22,082 in federal loans among completers, or 29% of the $75,103 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.

What share of Mount Carmel College of Nursing students graduate?

54% finish their degree — 46% leave carrying the cost without the credential. Spread the $41,680 bill across that completion rate and the cohort pays $77,185 per graduate produced — our math, and the figure a payback number never shows.

Is Mount Carmel College of Nursing expensive compared with other Ohio colleges?

Its $10,420 net price runs $9,363 below the $19,783 median across the 144 Ohio colleges we profile, and $37,450 less across the full degree.

Mount Carmel College of Nursing: frequently asked questions

Is Mount Carmel College of Nursing worth the cost?
On the numbers, yes. Mount Carmel College of Nursing charges $10,420/yr after aid ($41,680 over 4 years), and graduates earn a median $75,103 ten years out — $26,743/yr above the $48,360 high-school baseline. That clears the cost in 1.6 years and returns $493,180 net over 20 years, a strong payback — the degree clears its cost fast.
How long does a Mount Carmel College of Nursing degree take to pay off?
About 1.6 years. We divide the $41,680 four-year net cost by the $26,743/yr earnings premium over the high-school baseline. It is a floor, not a ceiling — mid-career raises pay it back faster.
How much does Mount Carmel College of Nursing cost after financial aid?
The median net price is $10,420/yr — about $41,680 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Mount Carmel College of Nursing compare to other Ohio colleges?
It ranks #1 of 144 Ohio colleges we track by payback. Its $75,103 median earnings beat the national median of $43,549, and its $10,420 net price is below the national median of $16,902.