Hi all, I could really use some advice!
A little background. I have a bachelor's degree in Psych. I was also doing premed, so I finished all of the pre rec classes you need for nursing school (A+P, micro, etc). I want to eventually get my masters in nursing to be an psychiatric np but for now I'm just worried about getting my rn so I can make decent livable money and set up other parts of my life like moving out and such. I live in MA but I want to move to philidelphia once I get my rn. Once I've done that I can go to school part time for my masters.
Originally I was going to do one of those accelerated second degree programs and get my BSN. I applied to a few.
But then I was thinking, maybe I should just get my adn at a community College. It'll be way cheaper (and my work will help pay for most of it) and because I already have a Bachelor's degree I would only have to do the nursing classes. Hopefully, this means I'd be able to work full time so I can help pay my current bills and save for moving when I graduate. But it'll be a lesser degree and it'll take me two years (and I have to wait until fall 2019 to take it) instead of the 18 months starting in spring 2019 with the accelerated BSN.
But then I got accepted in the MGH school in Boston. And they gave me a $34,000 scholarship
. However, that still means taking out a ~$40,000 loan on top of my $50,000 in school debt. And I most likely wouldn't be able to work or would only get to work part time because of the added work load. I live with my boyfriend and he's willing to help me though but it'll be a really tough time with student loans and my other bills. But, that would be good networking. And because I'll be saving a year by doing the BSN, I could maybe work for a year after my degree and get some experience before moving to Philly.
So, long story short, I'm looking for advice. Is it worth it to get the BSN at MGH? I know it's a great hospital but I've heard some iffy things about the school. Or should I just go and get my adn at a community College and save the money?
This is just my two cents, as someone who has debt from pursuing a degree.
It all depends on how you, an individual, measures risk. For me, having my secondary degree (MS) was worth the debt as it would elevate me in the circles required to bring me to a specific professional level. I wanted to be a Director of Programming; however, I knew it would put me around 60k in debt. I chose to do so and within three years I had the offer I strived for; Director of Operations (and ha, I didn't take it!). I still have debt, but I imagine, with patience I will pay it off, especially since my degree has opened doors previously closed to me.
However, debt is a burden. You can be clever and save and pay it off, but it is still something that can, at times, add weight to your day. It really all depends on what you want, how you plan to achieve your goals, and what you see in your future. MGH is an excellent school - I was accepted for their DE MSN in 2009 (but chose another school) - but it is expensive. What you are paying for is the name, the 1:1 attention, and the affiliation with Mass Gen and other wonderful hospitals. MGH students tend to leave prepared, qualified and in positions within 2-6 months. A BSN may allow you the opportunity to pursue a Masters or DNP/PhD in the future, should that appeal. For now, if you simply want to work in nursing and finances are troubling, go ahead and go for the ADN.
You never know whats ahead, and neither do any of us. However, measure the amount of risk you are willing to take and try to understand what your professional goals are. I am slightly biased as I am a risk taker and haven't regretted my debt;I also appreciate MGH as an institution. But, I do understand the dilemma and would support either decision.
Best of luck to you!
Last edit by Bonstemps on Oct 8
: Reason: DE not accelerated MSN