Is 75k Worth it For a Big Name School?

Specialties Doctoral

Published

Specializes in Anesthesia.

As stated in the thread title, is 75k worth it for a DNP? I ALMOST started a DNP program at a top 10 school nearly 3 years ago as a new grad CRNA, but deferred because I wanted to work, pay down loans, and save money. As I shop through DNP programs I find myself interested in bigger named schools, e.g. UCLA, Johns Hopkins, Yale, etc. These programs all run ~70-85k, and it makes me wonder if paying $$ for the name is worth it.

I'm a co-owner of an anesthesia group that contracts with both CRNAs and MDs for multiple facilities, so getting a DNP will not lead to me earning anymore money. If anything, it's a bad investment financially (unless I somehow used it to become a hospital system CEO). Ultimately, I'd be doing it for self-satisfaction which is why I'm drawn to doing it at a bigger named school.

HOWEVER, I sometimes wonder if I should get over going to a a more expensive school for the name. We have a local private school that offers a post-master's DNP for 20k. There's also DNAP programs that are geared towards CRNAs that allow you to take 1 class per semester at a low cost, namely University of Missouri. Although, as somebody who lives in California, I would feel weird saying I graduated from a school in Missouri. I just wouldn't be proud to say that I graduated from any of these schools, but at the end of the day a DNP is a DNP.

I guess my question is, how important is school prestige for the DNP? Is ~75k worth it for a name? 

The question of the utility of a DNP itself aside, IMHO, if this were your first advanced degree in nursing, then yeah, I think you could expect more for the price tag and differentiate yourself from NP mills which are have a miserably deficient effect on day to day practices of poorly prepared NP's. As you already have a credible credential in anesthesia and just want something to hang on the wall, going on the cheap wouldn't make one whit if a difference. If rising into the 'leadership' ranks is in view, not all DNP's are the same and DNAP isn't even in the running. Which specific area of emphasis is important relative to whom you want to impress.

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