The push for Magnet status and BSN Only is rooted firmly in fraud. As usual, this Wall Street scam has many players and angles. To those that study propaganda and disaster capitalism; the latest from the CEO class is testament to how dumbed down the average worker has become in America.
I went to NSG school 16 years ago. The cost for a ADN at a major university, minus grants, was about 12 grand. My alma mater wants over 50 grand for me to finish my BSN. A full 90% of that BSN will be done on line. That my fellow brothers and sisters is a CEO wet dream come true. Very little staff or facility cost to eat into that profit margin.
One of reasons CEOs want BSNs is because of the student debt factor. We all know what kind of work nursing is. Short staffing is the norm since I became a nurse. Ancillary staff is always in short supply and often has a less than perfect attitude. The short term profit motive takes priority over patient care and safety today, so much so that managers don't even try to hide it or make excuses for it. We know what this leads to, another shortage. The CEOs want to the next generation of RNs deep in debt. RNs that owe 40 to 100 grand (common with the cost of education today) in student loans will think twice before leaving NSG to have kids or find work in less demanding professions. Try to unionize ?? Not too many RNs will rock the boat on any issue that bucks the bottom line. Try to improve staffing or patient care ?? My loan cost about 120 a month for 10 years, the new RNs will fight for very little thanks to the cost of school today and the CEOs know it.
Online schools are the biggest players in this scam. Online education schools can cost as much as an ivy league school, with the taxpayer footing the bill. Online schools offer many degrees to students across the country. NSG plays a major role in keeping these failed schools green with your tax dollars. Online schools are a failure across the board.
Most students that in-role will never graduate. The few students that do graduate will find their degree worthless in today's job market. The default rate on the student loans paid to these schools will make even the most jaded taxpayer want to vomit. NSGs role in all this is simple. Online schools are forced to operate under a 90/10 rule. If online schools can get just 10% of students to graduate or just 10% to find a job, the online schools can continue to get government (taxpayer) money for the other 90%. Non BSN RNs are proven students. Non BSN RNs have a track record of success in academics and will more than likely finish any online program. Non BSN RNs when they enter these programs most likely have a job and will have that job when they graduate. Are you putting this together yet ?? The push for the BSN Only is a propaganda ploy from Wall Street funded PR firms. Edward Brenays would be proud. The more non BSN RNs that attend online schools, the more students the online schools can in-role and get paid for. It is important to mention that the 90/10 rule was forced on the schools by congress because of the dismal default rate. The schools win, the Wall Street Investors win, hospital CEOs win, the non nursing students that drop out lose and the American taxpayers lose. NSG will lose as well. Workers that are trapped because of debt become slaves to the greed of the system. The greed of this system will hurt the patients we care for.
