Hi all! I know that similar topics have been asked on this forum, but I'd love to get some input on my specific situation.
I'm a BSN-prepared nurse with ~5 years of NICU/PICU experience. Long-term, I'd like to be a full-time nursing faculty member at a 4-year college or university (I love academia), ideally while still picking up PRN NICU nursing shifts just for fun.
I've gotten mixed feedback about whether the PhD or the DNP would be more valuable for working as (non-tenure) faculty in an academic setting. It seems that some facilities prefer one over the other, while others are ambivalent.
At this point, I've little-to-no interest in working as an NP; in fact, I'm hesitant to pursue an NP degree because I worry it might prevent me from continuing to pick up NICU RN shifts (my passion). However, I've had some NPs recommend that I pursue an NP specifically because the DNP route is preferable to the PhD in a non-tenure nurse faculty setting.
I'm very enthusiastic about my research project topic, but I don't know that I'm interested enough to become a career researcher; therefore, tenure track seems unlikely.
Logistically/financially, the PhD makes a lot more sense to me. I'd have to pay for the DNP out-of-pocket, whereas the PhD program is fully-funded (no cost for books/tuition) with free healthcare coverage and a generous stipends (~$40,000/year). In contrast, I may have to pay upwards of $50,000 for the DNP. Both degrees can be completed in three years.
A friend of mine who works as an NP in an academic setting was trying to explain to me the NP-to-DNP is preferable over the PhD in a nurse faculty (non-tenure) setting, but I guess I'm just not seeing the benefit? Is there something I'm missing? It seems as though an NP degree with no NP experience is relatively useless; my understanding is that I'd have to work as an NP (again, which I have minimal interest in doing) in order to make it worthwhile. Can somebody shed some light on this topic.
Any and all feedback is much appreciated.