Median Earnings (1yr)
$69,969
24th percentile (40th in OH)
Median Debt
$27,000
At national median
Debt-to-Earnings
0.39
Manageable
Sample Size
493
Adequate data

Analysis

Mount Carmel College of Nursing presents an unusual earnings pattern that warrants careful consideration. While new graduates earn $69,969—slightly below both national and Ohio medians—their earnings actually decline to $62,106 by year four, representing an 11% drop. This reverse trajectory is uncommon in nursing, where salaries typically grow with experience and additional certifications.

The program's debt load of $27,000 matches both national and state medians, creating a reasonable debt-to-earnings ratio of 0.39. However, Mount Carmel ranks in just the 24th percentile nationally and 40th percentile among Ohio nursing programs, placing it well behind state leaders like Chamberlain University ($83,188) and Kettering College ($79,505). Among Ohio's 66 nursing programs, this performance puts graduates at a notable disadvantage in the job market.

The declining earnings pattern suggests graduates may face limited career advancement opportunities or regional salary constraints that affect long-term earning potential. For families investing in nursing education, stronger alternatives exist within Ohio that offer both higher starting salaries and better growth trajectories. The robust sample size makes these concerning trends reliable rather than statistical noise.

Where Mount Carmel College of Nursing Stands

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

Mount Carmel College of NursingOther 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 Mount Carmel College of Nursing graduates compare to all programs nationally

Mount Carmel College of Nursing graduates earn $70k, placing them in the 24th 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 Ohio

Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing bachelors's programs at peer institutions in Ohio (66 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Mount Carmel College of Nursing$69,969$62,106$27,0000.39
Chamberlain University-Ohio$83,188$81,995$39,1460.47
Kettering College$79,505$61,158$36,1920.46
Galen College of Nursing-Cincinnati$76,234$82,003$45,7750.60
Ohio University-Eastern Campus$75,809$72,703$29,4540.39
Ohio University-Chillicothe Campus$75,809$72,703$29,4540.39
National Median$74,888—$27,0000.36

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

Compare tuition, earnings, and debt across Ohio schools

SchoolIn-State TuitionEarnings (1yr)Debt
Chamberlain University-Ohio
Columbus
$19,686$83,188$39,146
Kettering College
Kettering
$15,672$79,505$36,192
Galen College of Nursing-Cincinnati
Cincinnati
$16,400$76,234$45,775
Ohio University-Eastern Campus
Saint Clairsville
$6,178$75,809$29,454
Ohio University-Chillicothe Campus
Chillicothe
$6,178$75,809$29,454

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 Mount Carmel College of Nursing, approximately 30% 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 493 graduates with reported earnings and 492 graduates with debt data. Small samples may not be representative.