Median Earnings (1yr)
$73,342
74th percentile
60th percentile in Wisconsin
Median Debt
$31,509
52% above national median

Analysis

Herzing-Madison nursing graduates start strong at $73,342—above both the state median and the 75th percentile nationally—but earnings drop 9% by year four. Among Wisconsin's 22 nursing programs, this ranks at the 60th percentile, trailing several technical colleges like Blackhawk and Milwaukee Area Tech that deliver similar or better starting salaries with significantly less debt.

The concerning piece here is the $31,509 in median debt, about 65% higher than Wisconsin's typical nursing program debt of $19,000. That said, the debt-to-earnings ratio of 0.43 remains manageable, and graduates should be able to handle the payments on a nurse's salary. The earnings dip by year four is puzzling—it could reflect graduates taking less intensive roles, working reduced hours, or temporary career adjustments—but even at $66,789, income remains above Wisconsin's median for this degree.

For families choosing between Wisconsin nursing programs, this becomes a value question: is Herzing worth $12,000+ more in debt than a technical college when career outcomes look similar? The open admissions and high Pell grant enrollment suggest Herzing serves students who might face barriers elsewhere, which has value. But purely from a return-on-investment standpoint, the state's technical colleges offer a stronger financial proposition for most students entering nursing.

Where Herzing University-Madison Stands

Earnings vs. debt across all registered nursing, nursing administration, nursing research and clinical nursing associates's programs nationally

Earnings Distribution

How Herzing University-Madison graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Herzing University-Madison$73,342$66,789-9%
Gateway Technical College$68,134$69,644+2%
Rasmussen University-Wisconsin$68,119$67,872-0%
Milwaukee Area Technical College$69,145$65,485-5%
Bryant & Stratton College-Wauwatosa$68,983$64,976-6%

Compare to Similar Programs in Wisconsin

Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing associates's programs at peer institutions in Wisconsin (22 total in state)

Scroll to see more →

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Herzing University-MadisonMadison$13,420$73,342$66,789$31,5090.43
Blackhawk Technical CollegeJanesville$4,170$69,492$56,953$23,7500.34
Milwaukee Area Technical CollegeMilwaukee$5,017$69,145$65,485$27,0000.39
Bryant & Stratton College-WauwatosaWauwatosa$19,944$68,983$64,976$33,8920.49
Waukesha County Technical CollegePewaukee$4,720$68,434$63,167$23,6740.35
Gateway Technical CollegeKenosha$4,853$68,134$69,644$19,0000.28
National Median$68,409$20,7510.30

Career Paths

Occupations commonly associated with registered nursing, nursing administration, nursing research and clinical nursing graduates

Nurse Anesthetists

Administer anesthesia, monitor patient's vital signs, and oversee patient recovery from anesthesia. May assist anesthesiologists, surgeons, other physicians, or dentists. Must be registered nurses who have specialized graduate education.

$132,050/yrJobs growth:Master's degree

Nurse Midwives

Diagnose and coordinate all aspects of the birthing process, either independently or as part of a healthcare team. May provide well-woman gynecological care. Must have specialized, graduate nursing education.

$132,050/yrJobs growth:Master's degree

Nurse Practitioners

Diagnose and treat acute, episodic, or chronic illness, independently or as part of a healthcare team. May focus on health promotion and disease prevention. May order, perform, or interpret diagnostic tests such as lab work and x rays. May prescribe medication. Must be registered nurses who have specialized graduate education.

$132,050/yrJobs growth:Master's degree

Medical and Health Services Managers

Plan, direct, or coordinate medical and health services in hospitals, clinics, managed care organizations, public health agencies, or similar organizations.

$117,960/yrJobs growth:Bachelor's degree

Registered Nurses

Assess patient health problems and needs, develop and implement nursing care plans, and maintain medical records. Administer nursing care to ill, injured, convalescent, or disabled patients. May advise patients on health maintenance and disease prevention or provide case management. Licensing or registration required.

$93,600/yrJobs growth:Bachelor's degree

Acute Care Nurses

Provide advanced nursing care for patients with acute conditions such as heart attacks, respiratory distress syndrome, or shock. May care for pre- and post-operative patients or perform advanced, invasive diagnostic or therapeutic procedures.

$93,600/yrJobs growth:Bachelor's degree

Advanced Practice Psychiatric Nurses

Assess, diagnose, and treat individuals and families with mental health or substance use disorders or the potential for such disorders. Apply therapeutic activities, including the prescription of medication, per state regulations, and the administration of psychotherapy.

$93,600/yrJobs growth:Bachelor's degree

Critical Care Nurses

Provide specialized nursing care for patients in critical or coronary care units.

$93,600/yrJobs growth:Bachelor's degree

Clinical Nurse Specialists

Direct nursing staff in the provision of patient care in a clinical practice setting, such as a hospital, hospice, clinic, or home. Ensure adherence to established clinical policies, protocols, regulations, and standards.

$93,600/yrJobs growth:Bachelor's degree

Nursing Instructors and Teachers, Postsecondary

Demonstrate and teach patient care in classroom and clinical units to nursing students. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:
About This Data

Source: U.S. Department of Education College Scorecard (October 2025 release)

Population: Graduates who received federal financial aid (Title IV grants or loans). At Herzing University-Madison, approximately 67% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.

Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.

Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.

Sample Size: Based on 309 graduates with reported earnings and 437 graduates with debt data. Small samples may not be representative.