Ohio State University-Newark Campus vs Mount Carmel College of Nursing: which has better ROI?
Mount Carmel College of Nursing has the better ROI: it clears its 4-year net cost of $41,680 in 1.6 years versus 2.5 years at Ohio State University-Newark Campus, on median earnings of $75,103 vs $60,409 ten years out. (Scorecard, 2026 · our math.)
| Measure | Ohio State University-Newark Campus | Mount Carmel College of Nursing |
|---|---|---|
| Net price / yr | $14,767 | $10,420 |
| Total net cost | $29,534 | $41,680 |
| Median earnings, 10 yrs | $60,409 | $75,103 |
| Median debt | $19,976 | $22,082 |
| Payback | 2.5 yrs | 1.6 yrs |
| 20-year net return | $211,446 | $493,180 |
College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.
Which is cheaper, Ohio State University-Newark Campus or Mount Carmel College of Nursing?
Mount Carmel College of Nursing, at $10,420 a year after aid versus $14,767 — a gap of $4,347 a year, or $12,146 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.
Do Ohio State University-Newark Campus or Mount Carmel College of Nursing graduates earn more?
Mount Carmel College of Nursing graduates report a median $75,103 ten years after entry, $14,694 more than the $60,409 at Ohio State University-Newark Campus. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.
Which leaves students with less debt, Ohio State University-Newark Campus or Mount Carmel College of Nursing?
Ohio State University-Newark Campus: its completers carry a median $19,976 in federal loans versus $22,082 at Mount Carmel College of Nursing, a difference of $2,106. The figure counts students who finished; it excludes private loans and anyone who left before graduating.
Which graduates more of its students?
54% of students finish at Mount Carmel College of Nursing, against 29% at Ohio State University-Newark Campus. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.