Is Nichols College worth it?

Dudley, MA · private-nonprofit

Verdict

Typical students pay $33,036 a year after aid, graduate with $27,000 in federal debt, and earn $47,830 six years after enrolling — an estimated monthly loan payment of $289, with a debt break-even of about 5.6 years.

Net price / year

$33,036

Admission rate

81%

Graduation rate

—

Median debt

$27,000

Earnings (6 yr)

$47,830

Earnings (10 yr)

$58,063

Est. monthly loan payment

$289

Loan-to-income ratio

56%

Debt break-even

5.6 years

How Nichols College compares

MetricNichols CollegeMassachusettsNational
Net price$33,036$21,991$16,642
Median debt$27,000$16,222$12,377
Earnings (6 yr)$47,830$39,799$33,037
Graduation rate———

FAQ

How much does it cost to attend Nichols College?

The federal average net price after grants and scholarships is $33,036 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.

How much debt do Nichols College graduates typically carry?

Students who complete a program at Nichols College leave with a median federal debt of $27,000, based on the U.S. Department of Education's College Scorecard.

What do Nichols College graduates earn?

Six years after enrolling, former students report median earnings of $47,830, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at Nichols College?

Graduation rate data is not currently published for this school.

Is Nichols College worth the debt?

Based on median debt and 6-year earnings, it would take roughly 5.6 years of 10% income allocation to pay off the typical debt load — compare that against your own expected major and career path before deciding.

Source: U.S. Department of Education College Scorecard.