We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free.
So how do we make money? Our partners compensate us. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services. Here is a list of our partners.
Average Nursing Student Debt: How Much Debt Do Nurses Have?
Nursing school average debt varies by degree: $23,302 for ADN RN or $28,917 for BSN RN.
Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.
Updated · 1 min read
How is this page expert verified?
NerdWallet's content is fact-checked for accuracy, timeliness and relevance. It undergoes a thorough review process involving writers and editors to ensure the information is as clear and complete as possible.
Ryan Lane is an editor on NerdWallet’s small-business team. He joined NerdWallet in 2019 as a student loans writer, serving as an authority on that topic after spending more than a decade at student loan guarantor American Student Assistance. In that role, Ryan co-authored the Student Loan Ranger blog in partnership with U.S. News & World Report, as well as wrote and edited content about education financing and financial literacy for multiple online properties, e-courses and more. Ryan also previously oversaw the production of life science journals as a managing editor for publisher Cell Press. Ryan is located in Rochester, New York.
Des Toups was a lead assigning editor who supported the student loans and auto loans teams. He had decades of experience in personal finance journalism, exploring everything from car insurance to bankruptcy to couponing to side hustles.
Lead Assigning Editor
The average nursing student debt depends on the type of program you attend:
Associate Degree in Nursing (ADN): $23,302 average debt.
Bachelor of Science in Nursing (BSN): $28,917 average debt.
Master of Science in Nursing (MSN): $49,047 average debt.
These average debt levels and payment amounts are based on an analysis of federal student aid data from the U.S. Department of Education’s College Scorecard. The debt data is current as of May 2024.
Here’s what monthly payments would look like for registered nurses with an ADN, BSN or MSN degree. This is assuming a 6.53% rate for federal Direct Loans for undergraduates and a 8.08% rate for Direct Unsubsidized Loans for graduate and professional students along with a standard 10-year repayment term:
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
5.0
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
4.5
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
5.0
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
5.0
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
4.0
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
5.0
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
4.5
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
4.0
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
4.5
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
4.0
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
4.5
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
5.0
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
4.5
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
5.0
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
5.0
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
4.5
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
5.0
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
4.5
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more.
Almost 70% of students use nursing student loans to help pay for their education, based on the most recent data from the American Association of Colleges of Nursing. The average you’ll owe post-graduation will be a byproduct of how many years you spend in school.
You can become a registered nurse by earning a two-year ADN or a four-year BSN degree. Shorter programs can result in less student debt on average, but ADNs can still end up with large balances: an analysis of federal data revealed that small numbers of ADN and BSN RNs have average student loan balances over $40,000 and $50,000, respectively.
While the most recent data shows that average MSN student loans are a little less than $50,000, they can come away with a heftier student loan bill, especially if they attend a top-tier institution. For example, students in Duke University’s MSN program finish school with an average debt of $84,309. At Johns Hopkins University, average MSN debt is $97,548.
Depending on your salary as a nurse, you may be stuck with your debt for a long time. A 2019 survey by medical industry website Medscape found that 20% of nurses older than 55 still have student loans. These tips can help you pay off school debt:
Investigate forgiveness programs. Multiple nursing school debt forgiveness programs are available that can eliminate part or all of your remaining nursing school debt. To be eligible for most of these programs, you’ll need to work for a public service employer, in a critical shortage area or both.
Find the right repayment plan. There are multiple student loan repayment options. The standard plan — 120 payments over 10 years — is best if you can afford your loan payments. If your debt is stretching you a little too thin, an income-driven plan can offer a more manageable monthly bill.
Pay loans off faster. If you’re comfortable with the standard plan, consider making extra payments to get rid of your nursing school debt faster. You could even refinance with a private lender — especially if you have higher interest graduate school loans — provided you don’t need income-driven plans and won’t qualify for forgiveness.
If you’re still in the planning stages of your education, be sure to review scholarships for nurses. You won’t have to repay this money, and it will decrease the amount you have to borrow.
1. 2024 College Board.
2. 2019-20 National Center for Education Statistics.
3. Q4 2024 Federal Student Aid Portfolio.
4. 2019-20 National Center for Education Statistics.
5. 2019-20 National Center for Education Statistics.
6. 2024 Association of American Medical Colleges.
7. 2023 American Dental Education Association.
8. 2024 American Association of Colleges of Pharmacy.
9. 2017 American Association of Colleges of Nursing.
10. 2024 American Veterinary Medical Association.