Lawrence Memorial Hospital School of Nursing
Medford, MA 02155 — Private Nonprofit
Value Score: 85/100 | ROI Score: -18 | Affordability Score: 75/100
Tuition (In-State): $31,038 | Out-of-State: $31,038
Median Earnings (10yr): $101,466 | Median Debt: $20,000
Student Body Size: 174 (small)
Pell Grant Recipients: 38.5% | Federal Loan Rate: 77.4%
Average Faculty Salary: $9,262/month
Tuition & Affordability Analysis
In-state tuition at Lawrence Memorial Hospital School of Nursing is $31,038 per year, which is 21% below the national average for private institutions.
Out-of-state students pay $31,038/year — a premium of $0 over in-state rates. Over four years, out-of-state students pay approximately $0 more than their in-state peers.
Estimated four-year tuition cost: $124,152 (tuition only, not including room, board, and fees).
Graduate Outcomes & Return on Investment
Graduates of Lawrence Memorial Hospital School of Nursing earn a median salary of $101,466 ten years after enrollment, 148% above the national average. This represents a $66,466/year earnings premium over the average high school diploma holder, or $1,993,980 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $20,000, 7% below the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $217/month, with a total repayment of $26,040 (including $6,040 in interest).
Debt-to-Earnings Ratio: 0.20x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.
Breakeven Point: Based on the earnings premium over high school graduates, a degree from Lawrence Memorial Hospital School of Nursing pays for itself in approximately 2 years. This is an excellent return on investment.
Financial Aid Profile
38.5% of students at Lawrence Memorial Hospital School of Nursing receive Pell Grants (federal need-based aid for families earning under ~$60,000), 17% above the national average. This is near the national average, reflecting a typical economic diversity among the student body.
77.4% of students take federal loans, 65% above the national average. This high borrowing rate means most students need loans to attend. Factor loan payments into your decision carefully.
Average faculty salary: $9,262/month, 6% above the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
Lawrence Memorial Hospital School of Nursing enrolls 174 undergraduate students. As a small institution, students can expect smaller class sizes, closer faculty relationships, and a tight-knit campus community.
Diversity Index: 76/100 (higher = more diverse). Lawrence Memorial Hospital School of Nursing has a highly diverse student body with strong representation across multiple racial and ethnic groups.
Student body composition: White 38%, Hispanic 22%, Black 21%, Asian 3%.
Lawrence Memorial Hospital School of Nursing: Comprehensive Nursing Program with Strong Earnings Potential
- Lawrence Memorial Hospital School of Nursing: A High-Cost, High-Demand Path to a Nursing Career in Boston
- Beyond the Diploma: Unpacking the Career Trajectory of Lawrence Memorial Hospital School of Nursing Graduates
- Is the Investment Worth It? Analyzing the Value of a Nursing Degree from Lawrence Memorial Hospital School of Nursing
Report Card: Overall Grade B-
Lawrence Memorial Hospital School of Nursing receives an overall grade of B- based on six dimensions:
- Value: D
- Outcomes: A+
- Affordability: B+
College Analysis
Lawrence Memorial Hospital School of Nursing is a Private Nonprofit institution in Medford, MA with approximately 174 students. Academics: The school offers a comprehensive nursing program with a strong focus on practical training and clinical experience. Value: The school is moderately affordable, with a tuition cost that is in line with its peers, but graduates face a significant median debt. Outcomes: Graduates have a strong earning potential, with a median salary of $101,466 after 10 years, which is above the national average for nursing graduates.
The Verdict: Is Lawrence Memorial Hospital School of Nursing Worth It?
Lawrence Memorial Hospital School of Nursing presents a complex value proposition. With an in-state and out-of-state tuition of $31,038 and a median 10-year earning potential of $101,466, the initial financial outlay is substantial. The median debt of $20,000 is relatively moderate, suggesting that graduates are not overburdened by loans. However, the reported ROI Score of -18 is a significant red flag, indicating that, on average, the return on investment is negative when considering the cost of education against long-term earnings. A rough calculation suggests that with a median debt of $20,000, a graduate would need approximately 1.5 to 2 years of consistent saving (assuming a significant portion of their income goes towards debt repayment) to clear their loans, which is a reasonable timeline. The median earnings of over $100,000 are competitive, especially for a specialized nursing program. However, the negative ROI score implies that the initial tuition cost is disproportionately high compared to the projected earnings over a decade, or that the earnings data might not fully capture the initial years post-graduation where earnings are lower. Given the strong demand for nurses in the Boston area, graduates are likely to find employment quickly and potentially exceed the median earnings. Despite the concerning ROI score, the school's specialized focus and location within a major healthcare hub could offer advantages not fully captured by the metric. It is not a clear 'good deal,' nor is it definitively 'overpriced' without further data on specific program outcomes and starting salaries. It leans towards being a potentially overpriced option if the ROI score is accurate and indicative of long-term financial outcomes.
Return on Investment
While the degree is worth the cost due to the high earning potential, students should be prepared to manage a significant amount of debt.
Debt Reality Check
Median student debt at Lawrence Memorial Hospital School of Nursing: $20,000. Monthly payment on a standard 10-year plan: $227/month. Total repaid: $27,240 ($7,240 in interest).
Breakeven vs high school diploma: 0.3 years. Debt burden: Low. Salary needed for comfortable repayment: $27,240.
Strengths
- Strong earning potential
- Comprehensive nursing program
- Moderate tuition cost
Weaknesses
- High median debt
- Moderate size of the school
Academic Profile
Lawrence Memorial Hospital School of Nursing offers a focused academic experience centered on preparing students for a career in nursing. While specific departmental strengths are inherent to its singular mission, the program's core curriculum is designed to provide a robust foundation in nursing theory and practice. Given its affiliation with Lawrence Memorial Hospital, students benefit from direct, hands-on clinical experience within a practicing healthcare setting, which is a significant academic advantage. Faculty quality can be inferred from the professional backgrounds of nursing instructors, who are typically experienced registered nurses and clinical specialists. The student-faculty ratio, though not explicitly provided, is likely to be low given the small student population, allowing for personalized attention and mentorship. Honors programs might exist in the form of advanced clinical placements or research opportunities for high-achieving students. Study abroad opportunities are less common for specialized nursing programs of this nature, as the focus remains on domestic clinical competencies. Academic support resources would likely include dedicated faculty advisors, tutoring services, and potentially access to library resources and online learning platforms through partnerships with larger institutions or the hospital itself. The program's success is measured by its graduates' ability to pass the NCLEX-RN and excel in their clinical roles.
Financial Aid Guide for Lawrence Memorial Hospital School of Nursing
Pell Grant recipients: 38.5%. Students taking federal loans: 77.4%.
Navigating financial aid at Lawrence Memorial Hospital School of Nursing requires understanding its specific context as a private nonprofit institution with a focused program. While merit aid and need-based aid are standard offerings, the availability and amounts can vary significantly. For students seeking financial assistance, the first step is completing the FAFSA (Free Application for Federal Student Aid) to determine eligibility for federal grants, loans, and work-study programs. Given the tuition of $31,038, federal Pell Grants could cover a portion for eligible low-income students, potentially up to $7,695 for the 2024-2025 academic year. Federal Direct Subsidized and Unsubsidized Loans are also a primary source, with undergraduate students typically eligible for up to $12,500 per year. Work-study opportunities, if offered, provide part-time employment to help cover educational expenses. Lawrence Memorial Hospital School of Nursing may also offer institutional grants and scholarships, often based on academic merit or specific criteria related to nursing aspirations. For families with an annual income below $60,000, it's plausible that a significant portion of tuition could be covered by a combination of grants and federal loans, potentially reducing out-of-pocket costs to under $15,000-$20,000 annually. For higher-income families, institutional scholarships might be more competitive, requiring strong academic profiles. Negotiating aid is generally less common at smaller, specialized schools compared to large universities, but it's always worth inquiring if there are extenuating circumstances or if you have competing offers from similar programs. Reviewing the school's specific financial aid policies and contacting the financial aid office directly is crucial for personalized guidance.
Hidden Costs at Lawrence Memorial Hospital School of Nursing
- Textbooks and required supplies can range from $1,000 to $1,500 per academic year.
- Clinical uniform and equipment costs, including scrubs, stethoscopes, and diagnostic tools, may total $500 to $800.
- Transportation to and from clinical sites and campus, depending on location and method, could add $500 to $2,000 annually.
- Student health insurance, if not covered by a parent's plan, can cost approximately $2,000 to $4,000 per year.
- Technology fees for access to online learning platforms and software might be around $200 to $400 per year.
- Licensure exam (NCLEX-RN) application and testing fees are typically around $500.
- Background checks and drug screenings required for clinical placements can cost $100 to $200.
Alumni Outcomes & Career Paths
Graduates of Lawrence Memorial Hospital School of Nursing are well-positioned for careers in the robust healthcare sector of the Greater Boston area. While specific placement rates and notable alumni are not publicly detailed, the school's affiliation with the Lawrence Memorial Hospital (now part of the Tufts Medicine network) suggests a strong pipeline into its affiliated healthcare systems. Major employers that actively recruit from nursing programs in this region include Mass General Brigham (including Massachusetts General Hospital and Brigham and Women's Hospital), Boston Medical Center, Beth Israel Deaconess Medical Center, and Tufts Medical Center itself. Alumni are likely to cluster in hospital settings, focusing on acute care, medical-surgical nursing, critical care, and potentially specialized areas like oncology or pediatrics. Given the high demand for skilled nurses, graduate school placement rates are likely strong for those seeking advanced practice roles (Nurse Practitioner, Nurse Anesthetist) or administrative positions, often pursuing further education at institutions like Boston College, Northeastern University, or Simmons University. Career services at specialized nursing schools typically focus on resume building, interview preparation, and connecting students with clinical sites and potential employers within the local hospital network. Internship pipelines are primarily built through the clinical rotations mandated by the curriculum, offering direct exposure to various hospital departments and fostering relationships with nursing leadership. Geographic hiring patterns strongly favor the Greater Boston metropolitan area and surrounding Massachusetts communities due to the high concentration of healthcare facilities and the established reputation of local nursing programs.
Campus Life & Culture at Lawrence Memorial Hospital School of Nursing
The student body at Lawrence Memorial Hospital School of Nursing is likely composed of highly motivated individuals, predominantly from Massachusetts and surrounding New England states, who are singularly focused on a career in nursing. Diversity in this context may lean towards varied life experiences and backgrounds rather than broad geographic or ethnic representation, though efforts to attract a diverse cohort are common. Students who thrive here are typically self-disciplined, compassionate, possess strong interpersonal skills, and are eager to immerse themselves in a rigorous, clinically-oriented academic environment.
Life at Lawrence Memorial Hospital School of Nursing in Medford, MA, is intensely focused and community-driven, as is typical for a specialized nursing program. With a small student body of around 174, the campus fosters a close-knit environment where students quickly get to know each other and their instructors. Social life often revolves around shared academic experiences, study groups, and clinical rotations. While there isn't a traditional sprawling campus with dorms and dining halls in the way a large university might have, students often find housing in the surrounding Medford and nearby Somerville areas, which offer a vibrant mix of student-friendly apartments and houses. The proximity to Boston also opens up a world of social and cultural opportunities, from exploring world-class museums and attending concerts to enjoying diverse culinary scenes. Student organizations are likely to be health-focused, such as nursing honor societies or clinical interest groups, providing avenues for professional development and networking. Athletics and Greek life are generally not a significant focus for schools of this size and specialization, with the emphasis firmly placed on academic and clinical preparation. The 'vibe' is one of dedicated ambition, mutual support, and a shared commitment to entering the healthcare profession. Expect a serious but collegial atmosphere where late-night study sessions are common, fueled by a shared goal of becoming skilled and compassionate nurses.
Campus Highlights
- Direct clinical experience at Lawrence Memorial Hospital, a community-focused healthcare provider.
- Small class sizes fostering close relationships with faculty and peers.
- A dedicated nursing curriculum designed for immediate career readiness.
- Proximity to Boston's vast medical research and healthcare network.
- A strong sense of community among students with a shared professional goal.
- Focus on hands-on learning and practical skill development from day one.
Location & Regional Advantages
Lawrence Memorial Hospital School of Nursing's location in Medford, MA, offers significant geographic advantages for nursing graduates. Medford is part of the Greater Boston metropolitan area, a national hub for healthcare innovation, research, and clinical practice. This proximity provides unparalleled access to a vast network of hospitals, specialized clinics, and healthcare systems, including major academic medical centers like Mass General Brigham and Boston Medical Center. The local job market for registered nurses is consistently strong, driven by an aging population and continuous advancements in medical technology. The cost of living in Medford and the surrounding Boston area is notably high, particularly for housing. However, this is offset by the high earning potential for nurses in the region, which often ranks among the highest in the country. Quality of life in the Boston area is excellent, with abundant cultural attractions, educational institutions, and recreational opportunities. While urban environments can present safety concerns, Medford is generally considered a safe community with good public services. The weather is typical of New England, with four distinct seasons, including cold winters and warm summers. This location directly impacts career opportunities by placing graduates within a dense ecosystem of potential employers, facilitating networking, and offering diverse career paths within a short commute.
How to Get Into Lawrence Memorial Hospital School of Nursing
Gaining admission to Lawrence Memorial Hospital School of Nursing, a selective program focused on developing future healthcare professionals, requires a strategic approach. While specific Early Decision (ED) or Early Action (EA) policies aren't detailed, applying early is generally advisable for any competitive program to demonstrate strong interest and secure a spot. The admissions committee likely values a combination of strong academic performance, a genuine passion for nursing, and evidence of maturity and resilience. Given the absence of SAT/ACT data, a high GPA, particularly in science and math courses, is paramount. Expect the school to look for a GPA of 3.5 or higher. Essays are a critical component; focus on personal experiences that highlight your commitment to healthcare, empathy, problem-solving skills, and your understanding of the nursing profession's demands. Topics could include overcoming challenges, experiences in healthcare settings (even volunteer work), or why you are drawn to nursing specifically at Lawrence Memorial. Demonstrated interest can be shown through attending virtual or in-person information sessions, engaging with admissions counselors, and visiting the campus if possible. The application timeline typically involves submitting your application in the fall of the year prior to enrollment, with deadlines often in December or January for fall admission. For a program of this nature, demonstrating a clear understanding of the nursing role and a commitment to service will significantly strengthen your application.
How Lawrence Memorial Hospital School of Nursing Compares to Similar Schools
Similar schools: Massachusetts General Hospital Institute of Health Professions, Northeastern University Bouvé College of Health Sciences, Simmons University School of Nursing and Health Sciences, Boston College Connell School of Nursing
Advantages
- Strong affiliation with Lawrence Memorial Hospital provides direct clinical and potential employment pathways.
- Smaller class sizes (174 students) may offer more personalized attention and faculty interaction.
- Specialized focus on nursing education can lead to deep expertise in the field.
Disadvantages
- Significantly higher tuition compared to some public university nursing programs in the state.
- Less brand recognition and broader alumni network compared to larger universities like Northeastern or Boston College.
- Limited data available on specific career outcomes and graduate school placement rates compared to more established university programs.
Best For
- Prospective students should consider the high median debt when evaluating the overall value of the program.
- Students looking for a more affordable option might consider other nursing programs in the area.
Avoid If
- Students who are looking for a nursing program with a strong focus on practical training and clinical experience should consider Lawrence Memorial Hospital School of Nursing.
- Those seeking a program with a lower median debt might want to explore other options.
Frequently Asked Questions about Lawrence Memorial Hospital School of Nursing
How much does it cost to attend Lawrence Memorial Hospital School of Nursing?
In-state tuition at Lawrence Memorial Hospital School of Nursing is $31,038 per year, and out-of-state tuition is $31,038 per year. The median student debt at graduation is $20,000.
How much do Lawrence Memorial Hospital School of Nursing graduates earn?
The median earnings for Lawrence Memorial Hospital School of Nursing graduates 10 years after enrollment is $101,466. With median debt of $20,000, graduates earn roughly 5.1x their debt level annually.
How big is Lawrence Memorial Hospital School of Nursing?
Lawrence Memorial Hospital School of Nursing has approximately 174 students and is classified as a small institution. It is located in Medford, MA and is a Private Nonprofit institution.
Is Lawrence Memorial Hospital School of Nursing worth the cost?
Lawrence Memorial Hospital School of Nursing has an ROI score of -18 out of 100. With in-state tuition of $31,038 per year and median post-graduation earnings of $101,466, the data suggests the return on investment may be below average.
Where is Lawrence Memorial Hospital School of Nursing located?
Lawrence Memorial Hospital School of Nursing is located in Medford, MA. It is a Private Nonprofit institution with approximately 174 students.
How much student debt do Lawrence Memorial Hospital School of Nursing graduates have?
The median student debt for Lawrence Memorial Hospital School of Nursing graduates is $20,000. With median earnings of $101,466 ten years after enrollment, graduates can expect a debt-to-income ratio of 20%.
Is Lawrence Memorial Hospital School of Nursing a good college?
Lawrence Memorial Hospital School of Nursing has a graduation rate of N/A and median post-graduation earnings of $101,466. The school has a diverse student body with a significant Hispanic population.
How does Lawrence Memorial Hospital School of Nursing compare to similar colleges?
The tuition cost is the same for in-state and out-of-state students, making it more accessible to a wider range of students. Compared to peer institutions, Lawrence Memorial Hospital School of Nursing offers a strong academic program and high earning potential but with a higher median debt.
What career prospects do Lawrence Memorial Hospital School of Nursing graduates have?
Graduates of Lawrence Memorial Hospital School of Nursing are well-prepared for careers in nursing and can expect a high salary, making it a good choice for those committed to the field.
What should prospective students know about Lawrence Memorial Hospital School of Nursing?
Lawrence Memorial Hospital School of Nursing is well-positioned in the market, offering a strong nursing program at a moderate cost, making it a competitive choice for nursing students.
What makes Lawrence Memorial Hospital School of Nursing stand out?
The school's median debt is relatively high, which could be a concern for students.
What are the pros and cons of attending Lawrence Memorial Hospital School of Nursing?
The school's location in Medford, MA, provides easy access to a variety of healthcare facilities for clinical training.
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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.