I'm currently trying to weigh the following options for my DNP-- knowing that a doctorate is going to be standard entry for NP's very soon, I figure I should get the terminal degree now but don't know how to choose the best for my future. Here's why:
*Both programs are full-time, hence the accelerated rate*
- State University (GSU) will require 2-3 years for the MSN and cost about $45k, then take an additional 2 years for the DNP and cost another $30k.
Total: 5 years and ~$75k
- Private school (Emory) has an accelerated direct BSN to DNP program that will take 2.5 years. It's much faster and skips the Masters and Emory is a renowned school, so the accelerated rate doesn't bother me in terms of quality. The problem is the tuition.
Total: 2.5 years and ~$140k
One last option is Emory's accelerated MSN which takes 1.5 years and will allow me to begin practicing and then work as an NP while finishing my DNP at the State School, but the cost is about the same if not a little bit more after accounting for both degrees.
Questions:
- is it better to get into the work force 2+ years sooner and start making money versus saving $50k but spending more time in school?
- am I missing an option? I know there are repayment/forgiveness programs but that still means accruing debt with the hopes the programs accept me afterward.
- I want this so badly but the burden of loans and debt are really stressing me out. Any honest advice is welcomed.
Thank you!
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Hey, all!
I'm currently trying to weigh the following options for my DNP-- knowing that a doctorate is going to be standard entry for NP's very soon, I figure I should get the terminal degree now but don't know how to choose the best for my future. Here's why:
*Both programs are full-time, hence the accelerated rate*
- State University (GSU) will require 2-3 years for the MSN and cost about $45k, then take an additional 2 years for the DNP and cost another $30k.
Total: 5 years and ~$75k
- Private school (Emory) has an accelerated direct BSN to DNP program that will take 2.5 years. It's much faster and skips the Masters and Emory is a renowned school, so the accelerated rate doesn't bother me in terms of quality. The problem is the tuition.
Total: 2.5 years and ~$140k
One last option is Emory's accelerated MSN which takes 1.5 years and will allow me to begin practicing and then work as an NP while finishing my DNP at the State School, but the cost is about the same if not a little bit more after accounting for both degrees.
Questions:
- is it better to get into the work force 2+ years sooner and start making money versus saving $50k but spending more time in school?
- am I missing an option? I know there are repayment/forgiveness programs but that still means accruing debt with the hopes the programs accept me afterward.
- I want this so badly but the burden of loans and debt are really stressing me out. Any honest advice is welcomed.
Thank you!