Student Loan Debt

Nursing Students General Students

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Is it common nowadays for nursing students to graduate with >100K in student loan debt? I am trying to wrap my head around how this is happening so let me throw a few questions out there.

  1. Did you go to a public or private university?
  2. If you chose a private university what advantages did you expect over a public university?
  3. Did cost play any role in selecting what university you went to?
  4. What was the cost of tuition per year?
  5. Did you use the student loan money for anything other than tuition, books or school fees?
  6. When you signed for the loans, did you have any idea how much the payments per month would be?
  7. If you are a working RN, what percentage of your monthly take home pay goes to servicing your school loans?
  8. If you are a working RN, knowing what you know now what if anything would you have done differently to keep the debt to a minimum?

Specializes in 4.
Get out of your feelings.

Very professional and empathetic nurse I see? NOT you can "get out of your feelings".

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Get out of your feelings.

How simply rude of you.

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A BSN will never ever be worth 100k. Ever. A MSN neither. I graduated with a BSN & 22k in student loans. It will be paid off before I turn 26, God willing.

You got to be the world's biggest sucker to willingly pay 100k+ for a BSN or any bachelor's degree for that matter.

I could understand 100K in debt for both the BSN and MSN, but for either piece, 100K is a joke.

OP, care to explain how you think someone could end up 100K in the hole like that?

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Specializes in Labor and Delivery.
Very professional and empathetic nurse I see? NOT you can "get out of your feelings".

I am extremely professional and highly empathetic. I'm just not a fool.

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Specializes in CVICU.

100k in student loan debt pretty much wipes out one paycheck a month in take home pay as a hospital RN.

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Specializes in 4.
You must have paid 100k+ for a degree and now you're mad at a stranger over the internet for writing a comment that would naturally come to anyones mind when they find out a person paid that much money and will likely live a life crippled by student loans behind a nursing degree. It's absolutely ridiculous and extremely ill-advised to take out that much money for a career that will never allow you to see that type of take home pay OR even before taxes pay for that matter. Get out of your feelings.

WRONG but yet again, you don't know me. So, in your own words that assumes I am "mad at a stranger" which is not even in my thoughts and I never once called you names or down graded you once. Possibly, you need to reconsider your words on a social site that is intended to encourage and educate nurses yet those interested in nursing.

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Specializes in Labor and Delivery.
WRONG but yet again, you don't know me. So, in your own words that assumes I am "mad at a stranger" which is not even in my thoughts and I never once called you names or down graded you once. Possibly, you need to reconsider your words on a social site that is intended to encourage and educate nurses yet those interested in nursing.

Once again, get out of your feelings. It isn't that deep. I said what I said and there is absolutely nothing wrong with the advice I gave. If I can deter a student of making a mistake that they would possibly regret for the rest of their lives, you best believe I'm gonna keep it real and give it to them straight.

My BSN has opened MANY doors for me, but it hasn't opened $100k worth of doors. Hell, it would take about 2 or 3 BSNs for it to be worth that. There is no bright side to being 100k in debt, buttercup. And just think about the interest!!!?? Girl, bye.

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Can I just say... now that I know what the work is like... I mean, really KNOW what it's like being a nurse, that someone should be paying me (us)100K to do this ****. Seriously. Nursing school should be free at the very least.

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Specializes in Labor and Delivery.
Can I just say... now that I know what the work is like... I mean, really KNOW what it's like being a nurse, that someone should be paying me (us)100K to do this ****. Seriously. Nursing school should be free at the very least.

BUTTT it's not. ANDDD were not being paid $100k. Don't get me wrong, nurses make GOOD money. After my bills, I have an excess of about 2k a month. That's great money. But it's still not enough to be able to pay off that 100k in enough time to prevent interest from kicking my orifice.

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Specializes in Emergency Medicine.
100k in student loan debt pretty much wipes out one paycheck a month in take home pay as a hospital RN.

It actually only wipes out 1/4-1/3 of one paycheck a month- biweekly paycheck. I also outright own two vehicles and have a mortgage on a nice home. I have no debt other than my student loans and mortgage.

I can assure you I'm neither a fool nor stupid. To each their own, no need to call names or pass judgement for someone who has done something differently from you and your ideals of what's acceptable. Judgement is not exactly a characteristic becoming of a nurse.

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Specializes in 4.
Once again, get out of your feelings. It isn't that deep. I said what I said and there is absolutely nothing wrong with the advice I gave. If I can deter a student of making a mistake that they would possibly regret for the rest of their lives, you best believe I'm gonna keep it real and give it to them straight.

My BSN has opened MANY doors for me, but it hasn't opened $100k worth of doors. Hell, it would take about 2 or 3 BSNs for it to be worth that. There is no bright side to being 100k in debt, buttercup. And just think about the interest!!!?? Girl, bye.

You simply make so many assumptions based off what? You read my profile then want to knock me for getting an LVN? Then you want to keep name calling and throwing negative innuendos? Your lack there of is astonishing. Where did you get your "BSN" from?

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You simply make so many assumptions based off what? You read my profile then want to knock me for getting an LVN? Then you want to keep name calling and throwing negative innuendos? Your lack there of is astonishing. Where did you get your "BSN" from?

Don't let someone you don't even know get you down. Do what's best for YOU. We all have different lives and circumstances. I guess we can't ALLL know EVERYTHINGG by the age of 26!! Ha. You "do you".

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