Median Earnings (1yr)
$70,523
26th percentile (60th in TN)
Median Debt
$27,000
At national median
Debt-to-Earnings
0.38
Manageable
Sample Size
30
Adequate data

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

Milligan UniversityOther registered nursing, nursing administration, nursing research and clinical nursing programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Milligan University graduates compare to all programs nationally

Milligan University graduates earn $71k, placing them in the 26th percentile of all registered nursing, nursing administration, nursing research and clinical nursing bachelors 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)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Milligan University$70,523—$27,0000.38
Strayer University-Tennessee$81,061—$34,0400.42
Galen Health Institutes-Nashville Campus$76,234$82,003$45,7750.60
Baptist Health Sciences University$74,962$66,408$47,5000.63
University of Memphis$73,680$64,251$27,1680.37
The University of Tennessee-Martin$71,727$65,594$25,2310.35
National Median$74,888—$27,0000.36

Other Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing Programs in Tennessee

Compare tuition, earnings, and debt across Tennessee schools

SchoolIn-State TuitionEarnings (1yr)Debt
Strayer University-Tennessee
Memphis
$13,920$81,061$34,040
Galen Health Institutes-Nashville Campus
Nashville
$16,400$76,234$45,775
Baptist Health Sciences University
Memphis
$13,846$74,962$47,500
University of Memphis
Memphis
$10,344$73,680$27,168
The University of Tennessee-Martin
Martin
$10,208$71,727$25,231

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.