Median Earnings (1yr)
$75,598
80th percentile
60th percentile in Massachusetts
Median Debt
$30,500
47% above national median

Analysis

Lawrence Memorial Hospital's nursing program charges more than most Massachusetts nursing schools—$30,500 in median debt versus the state median of $18,388—but graduates still come out ahead financially. Starting at $75,598, they earn slightly above the state median and outpace 80% of nursing programs nationally. By year four, earnings reach $86,407, representing solid 14% growth that justifies the investment.

The debt-to-earnings ratio of 0.40 means graduates owe roughly five months of their first-year salary—manageable for a healthcare field with stable employment prospects. While several Massachusetts community colleges produce similar starting salaries with half the debt, this hospital-affiliated program's outcomes suggest hands-on clinical training that translates to competitive wages. Among Massachusetts nursing programs, it lands squarely in the middle tier (60th percentile), performing comparably to programs at Middlesex and Springfield Technical.

The premium price is offset by strong absolute earnings and the program's accessibility—nearly half of students receive Pell grants. If your child can keep borrowing close to this median and values the hospital training environment, the numbers work. But families concerned about debt should definitely compare with lower-cost community college options that reach similar salary outcomes.

Where Lawrence Memorial Hospital School of Nursing Stands

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

Earnings Distribution

How Lawrence Memorial Hospital School of Nursing graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Lawrence Memorial Hospital School of Nursing$75,598$86,407+14%
Roxbury Community College$71,794$83,955+17%
Northern Essex Community College$74,427$82,199+10%
Bunker Hill Community College$72,734$79,491+9%
Laboure College of Healthcare$69,451$78,361+13%

Compare to Similar Programs in Massachusetts

Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing associates's programs at peer institutions in Massachusetts (20 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Lawrence Memorial Hospital School of NursingMedford$28,617$75,598$86,407$30,5000.40
Regis CollegeWeston$47,770$79,113$72,331$31,7250.40
Greenfield Community CollegeGreenfield$5,810$75,914$71,842$15,6250.21
Springfield Technical Community CollegeSpringfield$5,520$75,769$74,512$17,1350.23
Middlesex Community CollegeBedford$6,048$75,351$15,9880.21
Quinsigamond Community CollegeWorcester$5,974$74,992$77,400$26,7890.36
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 Lawrence Memorial Hospital School of Nursing, approximately 48% 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 74 graduates with reported earnings and 181 graduates with debt data. Small samples may not be representative.