LPNs Often Fare Better Than Some Degree Earners

During my four years as an LPN, I did financially better than many of the people who earned baccalaureate degrees in humanities-type majors such as American literature, art, English, philosophy, sociology, classics, linguistics, and theater. While their BA degrees exuded more prestige than my lowly nursing license, I typically earned more money and struggled less than them. Nurses LPN/LVN Article

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Some readers might be aware that a college bubble is forming in the United States. Since so many people in this day and age have earned college degrees when compared to previous generations, the value of having one has decreased in the employment market. Graduation from college or university no longer paves the road to good income, success, or the easy life. This is evidenced by the numerous college graduates who are unemployed or underemployed during this economic climate.

I worked as a licensed practical nurse (LPN) from 2006 until 2010 and did reasonably well during those years. No one is ever going to become rich by working as an LPN, but a comfortable life with decent income and middle class comforts are definitely within reach if you do not squander whatever money you earn. My 12-month diploma of vocational nursing and LPN license enabled me to earn a decent income, buy a newer construction house, park two vehicles in the driveway, amass a five-figure nest egg, save for retirement, and avoid living from paycheck to paycheck. By the way, I was accomplishing these things as a single female in my mid-twenties with no spouse or significant other.

I feel that practical education, hands-on job training, and the learning of trades have all been pushed to the wayside. Politicians, educators, and many parents are encouraging all young people to go to college without much regard to the chosen major or concentration. According to Cohan (2012), half of freshly minted college graduates are unemployed or underemployed. And the story does not stop there, because many grads are underemployed in jobs that do not require degrees. Young adults with bachelor's degrees are increasingly scraping by in lower-wage jobs-waiter or waitress, bartender, retail clerk or receptionist, for example-and that's confounding their hopes a degree would pay off despite higher tuition and mounting student loans (USA Today, 2012).

Many of the university graduates who have earned baccalaureate degrees in art history, classics, philosophy, humanities, religious studies, liberal arts, psychology, sociology, women's studies, literature, human ecology, sculpture, fashion design, or any number of majors and concentrations are not faring that well in today's super competitive job market. The ones who do manage to find jobs must contend with very low pay and minimal career mobility. Also, many people who have attained postgraduate education, such as masters and doctorate degrees, in these types of majors are not exactly doing well.

According to Cohan (2012), those with majors "in zoology, anthropology, philosophy, art history and humanities" don't stand much of a chance of getting jobs requiring a college degree. However, according to the BLS, the median annual wage of licensed practical and licensed vocational nurses was $40,380 in May 2010, and LPN employment is expected to grow faster than the national average.

By no means am I bashing higher education, since it instills a broader view of the world and inculcates critical thought. However, many young people are blindly pursuing educational pathways without an end plan or goal in sight. It is so sad to read about individuals with nearly six figures in student loan debt who must work low-paying jobs in the service industry to make their staggering monthly payments.

Stand proud, LPNs. Your licensure will eventually lead to a middle-income job and a path to a respectable life, if it has not already. While the bachelor of arts or masters degree tends to carry more prestige in society than a career certificate and practical nursing license, you will typically earn more money and struggle less than people who did not select their majors wisely. In summary, LPNs often fare better than some degree earners.

 

Specializes in LTC, HH, and Case Mangement.

I don't regret getting my LPN either. I am currently going to school for ADN. I think being an LPN helps with RN school. I also have a degree in medical assisting so needless to say I have quite a bit of medical experience. Hopefully after I become an RN I can get a BSN. It doesnt hurt to have as much education as possible.

Specializes in Respiratory Step Down, telemetry, hospice.

I graduated in 2010 with my BSN. I do not regret it because I did some serious thinking about it ahead of time when deciding to do an LPN, AN or BSN. The reason I chose BSN was because I knew I would never return to school again (I was 38 when I started back) and if I did not do it then, I never would. I have watched and heard through the grapevine that some of my fellow students who graduated with me....some with straight A's throughout the 4 years had already quit nursing because 1. they thought they would make more money than they actual were or 2. it was a lot more work than they thought. Luckily, for me, both my Mom and Dad were LPN's and I already knew what I was in for. So.....being an LPN may be the way to go at least until you get your feet wet and know what you are in for.....you don't waste years or money that way.

I graduated in 2010 with my BSN. I do not regret it because I did some serious thinking about it ahead of time when deciding to do an LPN AN or BSN. The reason I chose BSN was because I knew I would never return to school again (I was 38 when I started back) and if I did not do it then, I never would. I have watched and heard through the grapevine that some of my fellow students who graduated with me....some with straight A's throughout the 4 years had already quit nursing because 1. they thought they would make more money than they actual were or 2. it was a lot more work than they thought. Luckily, for me, both my Mom and Dad were LPN's and I already knew what I was in for. So.....being an LPN may be the way to go at least until you get your feet wet and know what you are in for.....you don't waste years or money that way.[/quote']

Agreed, it can be a good way of deciding if nursing is for you.

I totally agree!

Specializes in PICU, Pediatrics.

Well, don't I feel stupid for spending almost $230K on my Ivy-League undergrad education(about 90% was scholarship, but STILL)! Haha. I wouldn't take it back though, because the connections you make attending those types of institutions are priceless. I could go to almost any city in the world and call up someone to "look out for me" if need be. Every job or internship I've had since entering college has been through an alum or Ivy-League "pocket-piece". I don't say that to brag, I say it simply to justify why people may make certain educational decisions. I majored in Government w/a Public Law Concentration. I didn't do so because I like politics, I did it because I was convinced that I wanted to go to law school and that was the closest thing they had to a Pre-Law program. Welp, guess what? I no longer want to be a lawyer and have effectively wasted about two yrs of my life taking those classes. Had the bright idea to become a nurse dawned on me at that time, I would've already had the Second-Degree ABSN pre-reqs out of the way. Now I have to pay for them out of my OWN pocket and I am NOT happy about it. Thankfully, I was able to find a job rather quickly right out of school last yr, so I work full-time now, at a typical entry-level job (mid-40s range), in of all things, finance (which I absolutely hate by the way). I say all of that to say that I agree with the post. There is a general push to gain 4yr degrees as opposed to learning a trade, and because of this, the corporate job market is cutthroat. I'm a strong advocate for education,so I wouldn't go so far as to encourage people NOT to obtain degrees, but it is true, there are LPNs making exactly what it took me 4yrs of many sleepless nights, boring lectures, and useless papers to make. At the end of the day, degrees don't pay bills, wages do.

Specializes in Hospice / Ambulatory Clinic.

Well if 90% was scholarship then thats a pretty good deal and why wouldn't you take the chance at an education for 10% of the cost. No brainer.

Specializes in PICU, Pediatrics.

Oh, of course it was a good deal, which is why I went. However, that doesn't typically happen for most people. Also, although I landed a pretty good job, I live in a big city...so between rent, a car note, and other bills, I STILL sometimes struggle to pay back the student loans that I DO have. That goes back to her original point in the post -that a typical collegiate education can still leave one faring worse than others who have completed trade programs.

Specializes in Cardiac, Med-Surg.

Very well written and I must say, your writing is very eloquent:). I definitely agree with what you have written. I have seen many LPNS/LVNS thrive in this field. When I was a student nurse, I worked with a lot of LPNs that had numerous experience and I was very impressed with their patient-centered care as well as their skills. I do have friends that have been LPNs/LVNs since 2006 that are more financially stable that I am; a BSN new grad with plenty of student loans from my previous degree and about to start work next month. I also have friends that graduated a couple of years ago with a Sociology and Psychology degree that are getting paid less or even the same amount as an LVN. I missed those days when a college degree meant something. Ah.. Wishful thinking.

LPN'S are the shizznit plain and simple. My aunt has been an lpn for over 20 years, and even though she goes through her hard times being an lpn she loves it, and is still an lpn till this day. She's happy and comfortable.. LPN degree is the way to go..

Great Article!

Education simply for education's sake is a pretty thought, but not a very practical one. Maybe if I had a six figure trust fund or something I could afford to major in Russian literature (something I'd actually love). But, at present, my economic situation is such that it would be a waste of money. Look at all the grad students in their 30s who work at starbucks and then tell with a straight face that higher education is "never" wasted.

I got my BSN when I was 32 (2 yrs ago) and it is the best thing that I have ever done! Not sure if I enjoy nursing but I definitely enjoy the pay (except when I overspend). And I make 2-3 times more than the experienced LPN/LVN and they work them way harder!!!! The are very skilled and I do think it sucks that they work them so hard but I was always told more education = more money = less work! IJS

PS, a lot of places are not hiring LPNs anymore even though their skill level is pretty darn good! Hell they know more than me in most cases and I am not ashamed to admit it! If I need an IV started usually the LPN can getter done! but to make less money and do more work sucks! At my hospital LPNs 7 patients (because they cant take new patients) while RNs get 4-5 (most times not getting a new admit) and they make way less money! They may have less loans but if you get with the right company and do the right research your loans can be paid off by someone else!!! I take education and cash!! I can learn the skill from one of the LPNs I work with!