Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing at Olivet Nazarene University
Bachelor's Degree
olivet.eduAnalysis
Olivet Nazarene's nursing program falls short of both state and national expectations, yet the modest debt keeps it from being a poor investment. Graduates earn $67,670 in their first year—about $5,500 below the Illinois median and nearly $7,200 below the national average. Among Illinois nursing programs, this ranks squarely in the middle at the 40th percentile, but trails stronger state options like Chamberlain ($83,188) and Governors State ($80,391) by $12,000-15,000 annually.
The positive news is that $27,000 in median debt equals the national and state averages, producing a manageable 0.40 debt-to-earnings ratio. Earnings also grow steadily to $74,424 by year four, essentially catching up to where most nursing graduates start. The robust sample size of 100+ graduates reinforces these patterns are real, not statistical noise.
For families, this represents a safe but underwhelming choice. Your child will graduate with reasonable debt and solid employment prospects—nursing remains in high demand—but will likely earn $5,000-10,000 less annually than peers from stronger Illinois programs. If Olivet offers significant merit aid or fits other priorities, the manageable debt makes this workable. But if your child can access public universities like Governors State or higher-ranked programs like Benedictine, the $10,000+ annual earnings premium will quickly outweigh any tuition difference.
Where Olivet Nazarene University Stands
Earnings vs. debt across all registered nursing, nursing administration, nursing research and clinical nursing bachelors's programs nationally
Earnings Distribution
How Olivet Nazarene University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Olivet Nazarene University | $67,670 | $74,424 | +10% |
| Governors State University | $80,391 | $97,713 | +22% |
| Rasmussen University-Illinois | $74,861 | $82,469 | +10% |
| McKendree University | $73,156 | $82,082 | +12% |
| Benedictine University | $80,136 | $81,995 | +2% |
Compare to Similar Programs in Illinois
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing bachelors's programs at peer institutions in Illinois (41 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $37,940 | $67,670 | $74,424 | $27,000 | 0.40 | |
| $20,604 | $83,188 | $81,995 | $39,146 | 0.47 | |
| $11,320 | $80,391 | $97,713 | $27,342 | 0.34 | |
| $34,290 | $80,136 | $81,995 | $17,188 | 0.21 | |
| $36,840 | $78,285 | $74,864 | $27,188 | 0.35 | |
| $51,716 | $76,869 | $77,492 | $27,000 | 0.35 | |
| National Median | — | $74,888 | — | $27,000 | 0.36 |
Career Paths
Occupations commonly associated with registered nursing, nursing administration, nursing research and clinical nursing graduates
Nurse Anesthetists
Nurse Midwives
Nurse Practitioners
Medical and Health Services Managers
Registered Nurses
Acute Care Nurses
Advanced Practice Psychiatric Nurses
Critical Care Nurses
Clinical Nurse Specialists
Nursing Instructors and Teachers, Postsecondary
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 Olivet Nazarene University, approximately 35% 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 129 graduates with reported earnings and 146 graduates with debt data. Small samples may not be representative.