Hello - you didn't say how old you are, but I think that has a bearing on what you do after you get ? degree, and the return you get from the money you are going to invest in when you go for your masters. I have worked in all areas of nursing, but mostly in management for 18 years. I have my masters of science as a clinical specialist. As a master prepared nurse, it cost me about $15,000 for one year of private college. Some institutions will pay more for master prepared nurses, some do not. But, in the long haul, you can teach at the college level, you can teach in the hospital setting, you can in upper management or a DON, you can be a drug sales rep, you can branch off into other fields (computer's, clinical documentation - big field opening up for nurses), etc. The possibilities are endless. Many nurses frown on being in management, but I love it. It gives me great exposure to new nurses and new practices/ideas. I love mentoring them, especially when they are starting out in a charge nurse role. I love being in the position of making positive changes from the "top" and seeing patient practice evolve - sometimes from bad to good, and visa versa. Sometimes when you are just starting out, we are unable to see the "long haul" and where we will be 5 - 10 - 15 years down the road. If you are a new nurse, I would recommend that you certainly get some clinical years under your belt prior to going into management. The nurses will have a greater level of respect for them and you will gain insite into what they are doing on the front line. Good luck in whatever you do - welcome to nursing, it is great!