Median Earnings (1yr)
$73,835
44th percentile
60th percentile in Wisconsin
Median Debt
$31,666
17% above national median

Analysis

Milwaukee School of Engineering's nursing program generates starting salaries around $74,000—solid for Wisconsin and slightly above the state median—but graduates carry $31,666 in debt, which is notably higher than the $27,000 typical for Wisconsin nursing programs. More concerning is the earnings trajectory: graduates actually earn slightly less four years out than in their first year, bucking the typical career progression pattern. With robust data from 100+ graduates, this trend appears reliable rather than a statistical fluke.

The debt burden here matters more than it might initially appear. While the 0.43 debt-to-earnings ratio looks manageable on paper, you're paying a premium over other Wisconsin nursing options without the earnings premium to justify it. Programs at UW-Madison, Herzing, and Ottawa University all produce higher four-year earnings with equal or lower debt loads. At 60th percentile among Wisconsin nursing programs, this places squarely in the middle of the pack—acceptable, but unremarkable given the higher-than-average debt.

The practical reality: your child will likely find steady nursing employment and manageable loan payments, but they'll be paying back more than peers at comparable programs while earning similar salaries. If MSOE offers other compelling reasons to attend—location preference, smaller class sizes, or stronger institutional fit—the financial tradeoff may be worthwhile. Otherwise, several Wisconsin alternatives deliver better value for nursing-focused students.

Where Milwaukee School of Engineering Stands

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

Earnings Distribution

How Milwaukee School of Engineering graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Milwaukee School of Engineering$73,835$72,289-2%
Rasmussen University-Wisconsin$74,861$82,469+10%
University of Wisconsin-Green Bay$70,213$76,016+8%
Marquette University$74,574$74,296-0%
Concordia University-Wisconsin$72,393$73,729+2%

Compare to Similar Programs in Wisconsin

Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing bachelors's programs at peer institutions in Wisconsin (28 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Milwaukee School of EngineeringMilwaukee$48,421$73,835$72,289$31,6660.43
Ottawa University-MilwaukeeBrookfield$76,207$34,7470.46
Herzing University-KenoshaKenosha$13,420$75,774$70,560$43,9850.58
Herzing University-BrookfieldBrookfield$13,420$75,774$70,560$43,9850.58
Herzing University-MadisonMadison$13,420$75,774$70,560$43,9850.58
University of Wisconsin-MadisonMadison$11,205$75,513$73,330$25,0000.33
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 Milwaukee School of Engineering, 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 110 graduates with reported earnings and 111 graduates with debt data. Small samples may not be representative.