Median Earnings (1yr)
$70,523
26th percentile
60th percentile in Tennessee
Median Debt
$27,000
At national median

Analysis

Milligan's nursing program lands squarely in the middle of Tennessee's competitive nursing landscape—beating half the state's programs but falling short of the national median by about $4,400. That 60th percentile ranking among Tennessee schools matters more than the lower national ranking because most Tennessee nursing graduates will compete in regional markets where Milligan's outcomes are actually quite typical.

The $27,000 debt load translates to a manageable 0.38 ratio against first-year earnings of $70,523, meaning graduates face monthly payments around 5-6% of their gross income. This is reasonable for a profession with stable employment prospects, though it's worth noting that several Tennessee alternatives—particularly public options like University of Memphis and UT-Martin—deliver comparable or better earnings at similar debt levels.

For families committed to Milligan's Christian liberal arts environment and smaller class sizes, the nursing program represents a solid if unspectacular investment. However, if maximizing earnings potential is the priority, programs like Baptist Health Sciences University or the state's public universities offer $3,000-$6,000 higher starting salaries without significantly different debt burdens. The choice here depends on how much value you place on Milligan's specific campus culture versus purely financial outcomes.

Where Milligan University Stands

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

Earnings Distribution

How Milligan University graduates compare to all programs nationally

Compare to Similar Programs in Tennessee

Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing bachelors's programs at peer institutions in Tennessee (32 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Milligan UniversityMilligan$39,350$70,523$27,0000.38
Strayer University-TennesseeMemphis$13,920$81,061$34,0400.42
Galen Health Institutes-Nashville CampusNashville$16,400$76,234$82,003$45,7750.60
Baptist Health Sciences UniversityMemphis$13,846$74,962$66,408$47,5000.63
University of MemphisMemphis$10,344$73,680$64,251$27,1680.37
The University of Tennessee-MartinMartin$10,208$71,727$65,594$25,2310.35
National Median$74,888$27,0000.36

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 Milligan University, approximately 23% 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 30 graduates with reported earnings and 28 graduates with debt data. Small samples may not be representative.