Quote from Wsmith16
I'd go with the BSN, since it's not such a huge difference in price.
The OP noted that there was a 15-20 thousand dollar difference in price.
That is significant in my book.
On a loan of 20K, with an interest rate of 7% (current rate on a stafford loan = 7.22%), over ten years, the total amount paid is $39343. This is no small chunk of change.
I am not suggesting the OP should go to an ADN program - only he can make the decision. I am going to a direct entry MS program (not cheap) but it is the right choice for me.
I would, however, advise the OP to speak with financial aid counselor. The question to ask should never be "what are my monthly payments?" but rather "What is the total cost of this loan?"
It may be worth the extra $$ but one ought to know what the cost will be.