You make a valid point about NELRP in terms of the program being set up to help those who are really in need. Before I got my acceptance letter, I was looking forward to $2000/mo for 25 years. Because of the current economic situation, no bank is offering loan consolidation so I would have found myself paying $600,000 at the end of the 25 years d/t the interest. $2000/mo is ridiculous! I was at the point of applying for a 2nd full time job just so I would have the money to pay that.
Like you and many others, I applied to private and state universities, 7 in all, and was accepted to 5- all private. I'm the first in my family to have a college degree so I had no one to guide me through different types of colleges, loans, scholarships, etc. I did this all myself.
You're right, we shouldn't have to justify our debt, what we should be upset about is the cost of an education. Why is it that an education is almost unobtainable? Can you imagine what it's like for someone in a lower socio-economic class to want to go to college, but doesn't have anyone to co-sign a loan b/c of bad credit? There are a lot of real barriers just to getting to school, not to mention staying, and graduating.
As nurses we have a culture of cutting each other down instead of helping one another. Our jobs are not just stressful, they take a toll on our emotions, our sanity, and our bodies. It will continue to take nursing years and years to reach the level of respect that doctors have and as long as we keep cutting each other down, we'll take even longer. We're professionals that should be respected and appreciated and thanked the way doctors are.
Our debt to income ratios vary by the debt you have and by your income. The mere fact that someone in charge of taking care of another makes an average of $45,000/yr is sickening! Not only are we taking care of someone, we're medicating them, we're arranging consults and coordinating procedures; we're treating wounds; we're feeding, bathing, brushing, changing, and wiping them; we're making sure services are in place for discharge and beyond; we're in the community, in other nations, and in people's homes... we are doing the job of 100 people and only get a national average of $45,000/year and to be trained we're paying $40,000.
We don't become nurses for the money, although it does come eventually, we do it because we're a band of people with giant hearts and big brains. If we don't stop cutting each other off at the knees, we'll only continue to make $45,000/year nationally and we'll never have the kind of respect a doctor gets.
In addition, I would like to say congrats to all of those who got your awards and for those of you still waiting, keep your heads up, you still have time- it's still only August.