Median Earnings (1yr)
$74,687
78th percentile
60th percentile in New York
Median Debt
$26,487
28% above national median

Analysis

St. Peter's Hospital College of Nursing graduates command immediate earning power that puts them well above the national median, but the earnings trajectory deserves close attention. First-year nurses from this program earn $74,687—outpacing 78% of nursing associate programs nationally. However, by year four, median earnings slip to $69,377, a 7% decline that's unusual in a field where experience typically increases value.

The debt picture offers some consolation: at $26,487, it's lower than many NY nursing programs and represents just 35% of first-year earnings—manageable by any standard. Within New York's competitive nursing landscape, this program sits at the 60th percentile, meaning graduates earn more than most NY nursing associates but trail programs like Cochran School ($102,553) and CUNY Hostos ($97,888) by significant margins. That gap matters in a state where nursing wages vary widely and location often determines compensation.

For families prioritizing quick career entry with reasonable debt, St. Peter's delivers on the fundamentals. But the earnings decline suggests graduates may need to be strategic about career advancement—pursuing certifications, specialized units, or supervisory roles—to maintain earning power as they gain experience. If your child plans to stay in the Albany area long-term, research whether local healthcare systems reward tenure, or whether the initial salary represents a ceiling rather than a floor.

Where St. Peter's Hospital College of Nursing Stands

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

Earnings Distribution

How St. Peter's Hospital College of Nursing graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
St. Peter's Hospital College of Nursing$74,687$69,377-7%
Swedish Institute a College of Health Sciences$97,085$112,047+15%
Cochran School of Nursing$102,553$103,069+1%
Helene Fuld College of Nursing$92,475$98,150+6%
St Paul's School of Nursing-Staten Island$86,108$96,730+12%

Compare to Similar Programs in New York

Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing associates's programs at peer institutions in New York (64 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
St. Peter's Hospital College of NursingAlbany$14,756$74,687$69,377$26,4870.35
Cochran School of NursingYonkers$102,553$103,069$26,7580.26
CUNY Hostos Community CollegeBronx$5,208$97,888$95,978$11,4330.12
Swedish Institute a College of Health SciencesNew York$26,041$97,085$112,047$34,7500.36
Helene Fuld College of NursingNew York$24,648$92,475$98,150$27,7750.30
Montefiore School of NursingMount Vernon$89,648$26,1250.29
National Median$68,409$20,7510.30

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 St. Peter's Hospital College of Nursing, 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 39 graduates with reported earnings and 76 graduates with debt data. Small samples may not be representative.