ELM program or ABSN

[tanac]

So I was accepted into entry level master program here in California. Pre-licensure portion is 18 months and tuition is $45k. Well with living expenses, I'm looking at having to borrow about $65-70k. Now that it's time to sign on the dotted line and accept the loan I'm getting cold feet. The cost is really making me struggle and I'm now wondering if I should've looked for less expensive schools for a ABSN. Maybe they won't be combo BSN/MSN but they may be cheaper. I'm just not sure what to do. I'd probably have to move out of state in order to pay less. For instance I found a program in Sioux Falls that costs $20k for tuition. But I'm nervous about getting in! For current nurses out there, do you think the loan repayment I would have on a 65k-70k is doable as a nurse?

Thank you! Any insight you can give would be appreciated!

[Bbrandin1213]

Hi Tanac. I'm now in a similar position and am wondering what your thoughts are on your decision? Did you stay in California and continue with the entry master program? If so, would you recommend that path as opposed to ABSN? I've been accepted in California and am weighing my options with loans/programs.

And while this is 2 years late- Congrats! I would have PM you but I'm too new to the site.

[tanac]

Hi! So I wound up applying to South Dakota State University's accelerated nursing program in Aberdeen, they also have one in Sioux Falls. The program is only one year versus 18 months and about 15k cheaper than the Cali program I got into, but it's also not a mepn program. Just a BSN. I'm happy with the decision, I still think I spent less than I would've had I gone to Cali program. I'm also working in Sioux Falla to get some experience b/c new grad nurse jobs in Cali are so competitive. Feel free to DM me if you have any more questions!