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.

 

Thanks alot for this article! Very enlightening and hopeful. :thankya:

Hopeing to be in this better place somewhere in the near future!

LPN's keep the faith!

I am a LPN and currently making more than most of my friends with Bachelor's degrees. I earn more than double what two of my friends with Master's degrees earn. I made $69k my first full year out of nursing school ten years ago. I worked my butt off for it but I was still proud that my one year program made such a positive financial impact on my family. People can say whatever they want about LPNs but there is no other option that I know of that allows you to make such a change in your financial situation in so little time and for such little tuition. It was the best option for me and I dont regret it one bit.

I love that speech, and coincidentally I have a link to it in my signature line. I believe you missed the point about the college education issue and in fact Steve Jobs said just the opposite.

If you audit classes you pick and choose, you aren't technically getting "a college education". There are no grades, no prerequisites, homework assignments or deadlines. You can use whatever you want as a textbook. There is no degree. It's as if you took an adult education class to follow your heart. I'm sure Steve would agree that those who took the classes that didn't interest them, etc should not be seen as equivalent to his calligraphy class, or whatever other class piqued his fancy.

Politely, college-level coursework does not teach you to think any more than a challenging high school class, an internship, or a lively non-personally attacking discussion here on allnurses. I trust the vocational or trade-school educated person who arrives with a lot of confusing colored wires and circuit-breakers and whatnot knows how to think. He may even go home and debate monetary policy online with a guy in Peoria.

One day I'd love to see people get off the degree war and talk about how you can be a lifelong student of all things. How to stay curious, how to reduce the amount of garbage you read every day, and how once you have a degree of any kind you are still standing in the entrance-way.

She wasn't saying to throw education to the side of the road. She was talking about the risk-benefit of going to vocational school as far as your job prospects are concerned.

I'm aware of what Steve Jobs was saying, and, no, I didn't miss the point, I just didn't drag into all of it and chose to focus on the one part I mentioned. I am a firm believer in life long learning ( I've been a home educator to my five children for the past 20 years, so I know how to think outside the box when it comes to education and I know what a real education should be). I don't care if Steve Jobs received credit for his audited classes (and yes I do understand how the university system works-been there, done that). My point was more to the fact that today's university education is not always what it should be. That still doesn't discount the fact that it is still worth going to university. if only for the availablity of diverse courses one can take. On a tech campus, the offerings are more narrow. Just the way it is. They usually don't have the funding for research and internships etc. Many universities are now catching up with the benefit of experiental experiences as well. Many resources at a university worth exploring. And a good university teach will challenge you. My tech school, where I got my ADN degree, not so much challenge in the prereqs. It was more like the 13th grade for students who didn't go right on to university after high school

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Yes the article in question on all nurse was discounting many university degrees by saying a one year education will make you more money as an LPN. I think that devalues education in general when it's worth is only measured by the size of your paycheck. Many worthwhile and needed fields of study may not lead to a higher paycheck than that of an LPN. That doesn't mean they aren't worth pursuing.

It all goes back to job training vs education. Job training becomes obsolete whereas education is for a lifetime.

I am a LPN and currently making more than most of my friends with Bachelor's degrees. I earn more than double what two of my friends with Master's degrees earn. I made $69k my first full year out of nursing school ten years ago. I worked my butt off for it but I was still proud that my one year program made such a positive financial impact on my family. People can say whatever they want about LPNs but there is no other option that I know of that allows you to make such a change in your financial situation in so little time and for such little tuition. It was the best option for me and I dont regret it one bit.

I am a LPN and currently making more than most of my friends with Bachelor's degrees. I earn more than double what two of my friends with Master's degrees earn. I made $69k my first full year out of nursing school ten years ago. I worked my butt off for it but I was still proud that my one year program made such a positive financial impact on my family. People can say whatever they want about LPNs but there is no other option that I know of that allows you to make such a change in your financial situation in so little time and for such little tuition. It was the best option for me and I dont regret it one bit.

This focus on the earnings just proves my point that a tech degree is all about the money, not the education. It's about the return on an investment. Period. It's not about getting an education-writing papers, reading literature etc etc- an education. It's about learning the steps to suctioning, to in/out catheters, etc etc and LOTS of paperwork!!! Being at the LPN level is going to place many elements outside the scope of practice (for example today an LPN wasn't even allowed to sign off on reading a PPD result! I had to go behind her and sign. Not that she wasn't perfectly able to understand and interpret the results- she was-she just wasn't legally allowed to assume that role.) LPN may earn money, but the scope is limited. That's fine if the goal is strictly on earnings and not advancement. There is no shame in providing for yourself monetarily. And many facilities don't need anyone with a scope of practice more advanced than an LPN's due to the low acuity of the patients or the availablity of other RN's to fill that role. It doesn't matter how much the LPN understands, she will be limited in what she can do legally.

As far as making $69K, good for you! Bet you were working many 16 hour shifts to do it! And if it makes you feel superior to your friends with Master's Degrees because you were the smart one who only invested a year and made double their salaries...I think that statement kinda shows why an education is necessary in the first place...so people won't measure their worth based simply on the size of their paycheck.

Specializes in Respiratory Step Down, telemetry, hospice.

One thing I would add.....there is only one hospital in my area that still hires LPN's and AN's. The rest of the hospitals require at least a BSN. Watching some of the people I know going back to school because they are stuck where they are is another reason I am glad I chose the BSN. I got into nursing to be a nurse.....not for the income, however if you want to talk income I know LPN's are only making a little over what a tech makes and a lot less than what I make. In order to bring home a good salary a LPN would have to work some hellacious over time....which is something I really do not want to do....it would make me miserable and not a very good nurse.

Specializes in Hospice / Ambulatory Clinic.
I gotta say. As an Unemployed RN, I am bringing in good money through unemployment because of all those "high stress. high pay" jobs I worked for years. I am looking and looking to get back into a nursing job that suits me. But since seriously looking for new employment over the past 6-8 weeks, as I sift through the want ads and sits like Monster, Craig's List and so on. There are far more openings and job postings for not only LPN's but CNA's as well!!I'd say the ratio is for every one RN job opening there are 3-4 LPN's wanted and my gosh the need for CNA's right now is overwhelming. At least in my area. When I went to school for nursing my mistake was listening to well meaning people telling me "Oh go straight for the RN, there is so much more you can do with a degree." um... NOT! I have worked with some fantastically brilliant LPN's and CNA's in my time. Without you guys I couldn't do my job. Your title isn't what what makes you or breaks you in this industry. It's how you play the game so to speak. Just my thoughts and obervations.

A lot of the LPN jobs available are the hit the ground running and dare I say it lower skill level so less training is needed or at all so employers are less hesitant to hire more of us. Even as a new grad.

Specializes in Hospice / Ambulatory Clinic.
One thing I would add.....there is only one hospital in my area that still hires LPN's and AN's. The rest of the hospitals require at least a BSN. Watching some of the people I know going back to school because they are stuck where they are is another reason I am glad I chose the BSN. I got into nursing to be a nurse.....not for the income however if you want to talk income I know LPN's are only making a little over what a tech makes and a lot less than what I make. In order to bring home a good salary a LPN would have to work some hellacious over time....which is something I really do not want to do....it would make me miserable and not a very good nurse.[/quote']

I think both of your observations are about hospitals. Hospitals ay poorly for LPN/LVN's. Even if they were hiring it wouldn't be worth it for me. So the fact that hospitals are phasing LVN's out shouldn't mean one darn thing. Most of the good LVN's I know are going where the money is. Home health, hospice, clinics etc. I don't think that you "know" LPN's are making what a tech makes unless your referring to hospitals only.

I have been a nurse(Lpn) for 18 years and at my current job for 15 years. I live in new jersey and what I am aloud to do is virtually everything. I can give and read ppd's. Change picc line dressings as well hang iv'a and maintain all types of catheters as well start a peripheral line We do our own assessments when new admits come, the orders and care plans for these admits. I have 16-17 patients a piece. Do the Meds and treatments. Implement orders with the doctor and go over the labs. We do hospice care and specialize in wound care ESP wound vacs. We r a teaching facility: wound teaching, dm teaching, feeding tubes, trachs and colostomys. Most of my patients are of high acuity. I am also responsible and supervise the aides. There is nothing we can't do besides: hang blood and chemo. I've even replaced peg tubes and peritoneal dialysis and removed trachs. I am a very confident nurse and know that I didn't just go into nursing for the money but experience and the love of what I do!!

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Specializes in Case mgmt., rehab, (CRRN), LTC & psych.
I got into nursing to be a nurse.....not for the income however if you want to talk income I know LPN's are only making a little over what a tech makes and a lot less than what I make.[/quote']My last LPN pay rate in 2010 was $27.04 hourly, which adds up to $55,000 annually without one single hour of overtime worked. By the way, I reside in a lower cost-of-living city in Texas.

Although I am relieved to now be an RN, my LPN license and experience provided me with the foundation, income, lifestyle, and springboard for my future in nursing.

Specializes in Hospice / Ambulatory Clinic.

Yup as a nursing professor once told me there are worst things to be while your working your way through RN school than being a LVN and it's true I've been able to take time off on my educational journey without being stressed about making ends meet. If I fall sick again then I'll land on my LVN butt not with a minimum wage aide job.

It goes without saying that, overall, RNs make more than LPNs. But people would be surprised how much a LPN can make in certain facilities. If (when) I become a RN, I'm almost certain to take a pay cut since I'd be considered a "new grad" as my years as a LPN don't count as nursing experience most places. Really puts a damper on the motivation to go through nursing school all over again....