Median Earnings (1yr)
$71,915
34th percentile (40th in MT)
Median Debt
$28,000
4% above national median
Debt-to-Earnings
0.39
Manageable
Sample Size
331
Adequate data

Analysis

Montana State's nursing program produces graduates who earn well initially but face an unusual earnings decline that should concern prospective families. While first-year graduates earn $71,915—a respectable starting salary—their earnings drop to $65,635 by year four, representing a 9% decrease when most careers show growth. This backward trajectory is particularly troubling in nursing, where experience typically commands higher pay.

The program's performance within Montana is mediocre at best, ranking in just the 40th percentile among the state's seven nursing schools. More concerning, it trails significantly behind top Montana programs like University of Providence ($101,187) and even Northern Montana State ($77,121). The $28,000 median debt load is reasonable and slightly below the national average, but it doesn't offset the earnings concerns.

For families considering this program, the fundamental question is whether Montana State's broader university experience justifies accepting lower nursing earnings potential. While the debt-to-earnings ratio of 0.39 isn't problematic initially, the declining income pattern suggests graduates may struggle more with loan payments over time. Given nursing's strong job market, families might find better long-term value at higher-performing Montana nursing programs or consider whether MSU's specific advantages—location, campus life, or other factors—outweigh the financial drawbacks.

Where Montana State University Stands

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

Montana State 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 Montana State University graduates compare to all programs nationally

Montana State University graduates earn $72k, placing them in the 34th percentile of all registered nursing, nursing administration, nursing research and clinical nursing bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Montana

Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing bachelors's programs at peer institutions in Montana (7 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Montana State University$71,915$65,635$28,0000.39
University of Providence$101,187$106,728$23,8470.24
Montana State University-Northern$77,121$65,623$31,0000.40
Carroll College$75,007$67,000$27,0000.36
Montana Technological University$74,338$60,355$35,8390.48
Montana State University Billings$71,449—$32,9880.46
National Median$74,888—$27,0000.36

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

Compare tuition, earnings, and debt across Montana schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Providence
Great Falls
$29,018$101,187$23,847
Montana State University-Northern
Havre
$6,269$77,121$31,000
Carroll College
Helena
$40,352$75,007$27,000
Montana Technological University
Butte
$8,050$74,338$35,839
Montana State University Billings
Billings
$6,706$71,449$32,988

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 Montana State University, approximately 17% 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 331 graduates with reported earnings and 320 graduates with debt data. Small samples may not be representative.