BSN Students Graduate With Low Debt, High Incomes

Arvin Temkar, SMU News

海角直播 Bachelor of Science in Nursing (BSN) alumni are among the best-prepared graduates to repay student loans and land jobs with higher salaries, according to rankings by Credible, a website that aims to help borrowers make good financial decisions. 

(DTI) among 114 colleges and universities analyzed in California. 

SMU BSN graduates make a median income of $100,100 six years after graduation, according Credible, which used data collected by the U.S. Department of Education for the rankings. Their median federal debt upon graduation is $18,750. Their DTI, as measured by their debt divided by their income, calculates to 0.19 compared to the California average of 0.60. (The lower the DTI ratio, the better.)

鈥淥ur students enter the University with a health professions career in mind,鈥 says Timothy Cranford, SMU鈥檚 acting vice president for student affairs. 鈥淭hose careers are high paying, and they鈥檙e high paying immediately.鈥 

Not only do SMU graduates have the benefit of entering well-paid fields, but the university helps them avoid and reduce debt by prioritizing financial support for students鈥攑articularly students from marginalized backgrounds. One of SMU鈥檚 missions is to increase the diversity of the healthcare workforce.

鈥淲e devote a lot of institutional funds to students in the form of scholarships,鈥 Cranford says. 鈥淟ast academic year we gave just under $2.7 million in institutional aid. Of that, about 87 percent went to students of color.鈥 

About 92 percent of BSN student receive some form of financial aid, some as much as $16,000 a year based on need and other factors.

Stellar graduation rates

Cranford notes that most of the schools in Credible鈥檚 analysis are four-year institutions, while Samuel Merritt鈥檚 BSN in nursing is a two-year program鈥攚ith students having already completed their initial requirements at another institution. This could be one reason that SMU has such a high graduation rate鈥91 percent. 

鈥淭hese are students who have proven they can succeed in college,鈥 Cranford says. 鈥淭hey are driven, committed students who know what they鈥檙e up for. Whenever we鈥檙e compared to other institutions, we have an advantage because of who our students are.鈥

SMU students aren鈥檛 left on their own though. The university offers student success coordinators and tutoring support to help students push to the finish line. 

鈥淲e鈥檙e lucky to have the students we do,鈥 says Cranford. 鈥淭hey leave SMU as excellent representatives and ready to make a major difference in peoples鈥 lives.鈥