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I just left a similar comment on another thread. I did LPN to RN to BSN.
I worked 10 months as a BSN and a magnet hospital hired me, while I signed a contract that I would be enrolled in a BSN program within one year and have the BSN within 5 years. Happy to say I received mine in under a year!
It was sort of a blessing in financial disguise. My ADN was cheaper, I came out with no debt. I went to work at a state facility making as much as the BSN @ the Magnet Facility as a new grad RN (plus about 80 cents more for LPN experience). Overall, I made about $4 an hour then (than?) the new hire BSN nurses (ones that even graduated from their program and received preferential placement). We did get a nice cost of living raise this year, but overall I make about $5.25 more an hour versus the straight BSN new grad.
To make matters worse (for other I suppose), we have many CNL nurses who start off at approx 50 cents more than I did. The theory I've been told is that they will go work in the field they picked, they will have an easier time getting a better job (not necessarily one that pays better, but one that they want, etc), and then they will be able to become management material within their chosen field. I like this idea because the CNLs will have some experience on the floor prior to becoming management.
But financially it worked out much better for me. I only owe $10,000 for BSN. And the loans I am piling up now as a psych np student will be paid off by the federal government by working for them for a few years. I also did not get a raise for that BSN I owe 10 grand to.. ..
bethanphetamine
28 Posts
I will be graduating this December. I know some hospitals are more likely to hire BSN new grads, but do any of them actually have a salary difference? I'm just curious, since I will be putting out applications soon. Thanks in advance.