Is Nursing School Worth It? What the Salary Data Says

With nursing program tuition ranging from $20,000 for a community college ADN to $80,000+ for a BSN at a private university, the question is real: does the investment pay off?

The short answer: yes, for most people.But the ROI varies dramatically depending on which nursing path you take. Let's look at the data.

Nursing Salary by Role

RoleMedian Salary
Registered Nurses$97,550
Nurse Practitioners$132,300
Nurse Anesthetists$236,590
Licensed Practical and Licensed Vocational Nurses$64,400

The ROI Calculation

Let's compare three paths:

ADN → RN

2 years, ~$20K tuition

Median salary: $97,550

Payback: ~3 months

BSN → RN

4 years, ~$50K tuition

Median salary: $97,550

Payback: ~8 months

BSN + MSN → NP

6 years, ~$100K tuition

Median salary: $132,300

Payback: ~1.5 years

The Verdict

Nursing is one of the strongest ROI degrees in healthcare. Even the most expensive path (BSN + MSN to become an NP) pays back within 2 years. The ADN path is arguably the best ROI in all of higher education — a 2-year degree that immediately qualifies you for a $97,550/year career.

For those willing to invest further, nurse anesthetists (CRNAs) earn $236,590 at the median — one of the highest-paid nursing roles in the country.

Where Nurses Earn the Most

Location matters enormously for nursing salaries. California nurses earn nearly double what nurses in Mississippi make. Check our best cities for nurses page to see where your salary goes furthest after cost of living.

Data Source: U.S. Bureau of Labor Statistics, OEWS.