I can't speak of specific programs, but when I went to graduate school as an in state resident I paid about $3K a semester. It was roughly 15K with all expenses over two years.
This program is 35K for one year, and the second poster said even 45K. That is absolutely absurd. What I see happening with nursing schools
is demand is there just before the bubble bursts. Want an example? Go look at MBAs in the early 2000 time frame. Every one had to have an MBA, so the programs boosted the costs to levels that couldn't be maintained, and now the demand collapsed and they are getting an exclusive group of subsidized and or wealthy students...most of whom they must significantly subisidize with even more money just to get them to attend. My best friend resides over the MBA admission program at a Pac-10 school. They literally travel the globe now looking for students because the demand created in the 2000 can not be met now.
If you look at these nursing programs
, you see a mirror image only compounded. Who in his right mind will pay 45K for a 15 month program where you graduate and make 50K a year? No one with any common sense. But as long as these students get govt subsidies for loans to fund this ridiculous logic these schools will continue to pump out debt ridden students who will be paying for these loans for 20 years. I am not simply targeting Arizona, as it is a great school, but look at all the schools. Last I checked Georgetown was almost 70K, Miami was well in to the 50K range.
I assure you that can not economically last. What is happening is these schools are trying to squeeze as much as they can out while the momentum is on their side---just like mortgage companies did during the housing crisis. But momentum can only last so long before the demand will meet the regression line. The notion that nursing is a safe industry for life has driven demand, and rather than meet this supposed national shortage by providing quality education to all interested and able, the nursing schools are out to subsidize their pockets under the notion that they are doing what they should for the better good.
Again, I am speaking more indirectly, not at Univ of Arizona. It is just an example of the linear disconnect between reality or what a potential perceives as reality and what the schools see as potential profit making. Until they meet it will flow along like a wavechart---highs and lows.