Avoid a Nursing Degree

  1. 5
    Surprising Degrees to AvoidA Bachelor of Science in Nursing is another one of those degrees that looks great at first glance, with a nice starting salary: the average starting pay is $52,700, which is in the top 20 of average starting salaries. A great choice, right? But by mid-career, most nurses will cap out at a salary not much higher than what they began with. The average mid-career income is $68,200, less than $16,000 more than the starting pay.

    Full Story: http://finance.yahoo.com/news/The-Co...266073243.html
    canoehead, Jessy_RN, xtxrn, and 2 others like this.

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  2. 155 Comments...

  3. 26
    Maybe this will scare people from going to nursing school?

    Is anyone else annoyed by these "best degrees" articles?
    kathylorr, anie10, poopprincess, and 23 others like this.
  4. 21
    Saw this yesterday also. What I took away is that nursing is a flat market. There is not much growth from a beginning nurse to someone with ten yrs experience. We are talking salary only.

    What you have to factor in is how more education will bring you more money.
    MsbossyRN, tanabella, llg, and 18 others like this.
  5. 4
    This is all based on salaries. Yawn.
    Last edit by Trenia on Jul 9, '11
  6. 16
    *Shrugs* I'm still hoping to just open a hot dog stand someday. Job satisfaction!
    jordanl, mcgrace, safarirn, and 13 others like this.
  7. 3
    I agree with the article. My wages have basically been flat for the last 3 yrs while the starting wage for new RNs increases each yr in our area. Many new RNs are within $1-$2/hr of my current wage with 7yrs experience. The odd thing is that the gap between my wage and RNs w/10-15+ yrs of experience is quite wide, >$10/hr because hospitals in our are changed the salary range/structure about 10 yrs ago. The clinical ladder was eliminated so the top tier RNs are now maxed out on the payscale and the new payscale was designed so that RNs like me will never reach the top tier wages. So the older RNs have seen larger increases in their wages during their career than us newer RNs will ever see.

    The only way I can really increase my wages is to go back to school or move to a better paying area. Job promotions are not much of an option because the diploma RNs and baby boomer RNs have most of the management gigs locked down in our are and they aren't leaving any time soon.
    nursemarion, Ginger's Mom, and netglow like this.
  8. 5
    68K is a lot of money.....for me I could live and be more than happy off that income.
    However, nurses fear demanding more pay for seeming not altruistic. That's bull.
    Nurses should be paid what they are worth-and that's a lot since you do most of the work, and share a good peice of the responsibility pie.
    However again, nurses can't do that because ........well, read my other posts-too much to type that soap box again.
  9. 37
    I realize the article refers to a BSN and I only have an ASN but anyways.

    198X - Graduated as an LPN and made $6.75/hr. Currently a RN (ASN) making nearly $34/hr. They tried to tell me back in the 80's not to go for that LPN, it was being phased out. Later they tried to tell me I was wasting time on an ASN, I would need a BSN.

    Whatever! I'm doing just fine, very happy where I am and very proud of how far I have come despite the naysayers.
  10. 12
    BSN may not pay more, but the possible opportunity to get out of g*d awful hospital nursing is certainly an incentive for me.
    safarirn, usafguy99, LTCangel, and 9 others like this.
  11. 3
    Weird. I figured the BEST route would be to get a BSN which gives you more opportunity (the ER I volunteer in won't even look at you unless you're a BSN nurse) and it means more educational opportunity if you DO feel like you're stuck somewhere. Nurse Practitioner and CRNA are just two examples. Not to mention the school I'll be attending for LPN is dropping their ADN program (!!) and adding BSN classes.


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