I am for increasing education in anyway usually. I find the program at my hospital to be ridiculous. During its inception, it was not for a money reward. Now it is and until this year, one had to reapply annually! Now that is ridiculous. If you achieve the highest level, and you stay in the same area, and you have good evaluations, why should one need to keep re-applying? Also, more "points" are given to people who continue to get degrees or publish, but not to experience. There are many bedside nurses who don't want to pursue a higher degree, or dislike writing. Many of them are excellent nurses, and are people I would prefer to have care for me or my family. When one is a patient, that person doesn't care if you have a masters or you have published anything if you can't take proper care. At my hospital, you make no more money as a staff nurse regardless of degree UNLESS you join the clinical program. I'll take the diploma nurse any day, and I have a BSN. No patient ever asks"what level are you on the clinical ladder".