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FNP or NOT ?

NP Students   (1,286 Views | 7 Replies)
by RN/ICU RN/ICU (New) New

RN/ICU has 9 years experience .

1,062 Profile Views; 10 Posts

I am looking for information regarding starting the nurse practitioner program (FNP). I am 1 year from completing my BSN and have 9 years nursing experience and 15 years as a paramedic. I have just turned 52 years old and planning on working past 65 years old.

I am concerned that I will not be able to justify the student loans debt with the increase in salary. I currently make about 68K and believe I will need to make min 90K to cover the cost of school and make a difference in my lifestyle.

What are your thoughts?

 

Thanks

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171 Posts; 5,357 Profile Views

The salary would probably be doable, if not at first, then certainly with a few years experience in most geographical regions. The average NP salary is now ~98K. (2013 National Salary Survey Results on ADVANCE for NPs & PAs)

My advice would be to pursue it if it is really something that you want to do. You currently have 13 years until you want to retire and it will be ~8-10 years after completing an NP program (considering you still have to finish your BSN, apply and enter an FNP program). There is money out there to cover the cost of your education which may help with your financial decision. You may also want to look for an inexpensive state school and try to pay for some of the tuition while continuing to work as an RN.

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450 Posts; 6,793 Profile Views

It would also help to work in a hospital that has tuition reimbursement. They paid for about $10,000 of my tuition and my whole BSN. It really helps.

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Pilot2FNP has 10 years experience.

47 Posts; 1,783 Profile Views

I say go for it! I'm in my late 40's and start my FNP program in Jan. There's a thread somewhere about older students on here, and there are plenty of people like you and me that are either changing or advancing our careers at this time in our lives. The way I look at it is this: I'm going to be 53 in a few years....I can be an RN at 53, or a FNP at 53. Either way, I can't change my age....but I can change what I'm doing in my career.

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traumaRUs has 27 years experience as a MSN, APRN, CNS and specializes in Nephrology, Cardiology, ER, ICU.

165 Articles; 21,045 Posts; 195,186 Profile Views

Agree with all these posters. Nowadays few people retire at 65. Being an FNP will give you more options if you decide to move to part time and most positions are less physically demanding.

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RN/ICU has 9 years experience.

10 Posts; 1,062 Profile Views

Wow! Thank you all for your positive input. I agree I can’t change my age but I can change how I work. I am going to go for it.

I am going to look into working for Indian Health Service as it seem to have a great need nationally. I may be able to get full reimbursement of my tuition if I play my cards right.

Onward and upwards to all thanks again.

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25 Posts; 2,153 Profile Views

Pilot2FNP this is the EXACT advice I give to people who say they're too old to go back to school! So silly! You're going to be that age anyway (God willing) so do you want to be that age as a nurse or as a NP?

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ghillbert has 20 years experience as a MSN, NP and specializes in CTICU.

1 Follower; 3,691 Posts; 42,624 Profile Views

It's impossible to know what your earning capacity will be without knowing what specialty and what city/state you would be working in.

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