student loans

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Hi everybody, I am having a difficult time making a decision. I have a previous Bachelor's Degree with student loan debt balance about 65K after all the interest. I am set on going back for nursing...but I am very uneasy about accruing more debt. I want to do this accelerated 12 month BSN in my area...but it would probably put me up to close to 90K in debt! The good thing about that is it is quick, I would have the BSN, and I could get to working and making income. Then I would want to have my employer pay for my NP (which is probably my ultimate goal). I am also trying to get into one of the local community college ADN programs because it would be sooooooo much cheaper and I could later get the BSN online through a bridge program maybe paid by my employer. The problem is community colleges have long wait lists and they would take 2 years once in. So I do not know if I would benefit more just going for that ABSN and working sooner or do MORE waiting as usual and try for the ADN eventually. How are all you RNs doing paying student loans? Am I crazy for getting into this much debt? HELP!

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I couldn't imagine having students loans, especially close to $90,000! Can you go for your ADN, find a job, and have the facility pay for your BSN?

I'm soooooo thankful my school is affiliated with a large hospital system and offers an 80% loan forgiveness program if you work for them after graduation. I won't owe anything after working for them for a year and a half.

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Yea I am leaning towards doing that...I also want to find a job with loan forgiveness! Do a lot of places offer it? I know many of the government-sponsored programs like Indian Health offer like 40,000 in loan forgiveness for a couple years of service

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How can someone find out about these types of opportunities?

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Do not be too hard on yourself here. I agree that it is not good to go into debt, but I am in the same situation as you. Unfortunately, I do not have the opportunity that the other person that responded to you does......so there is no choice. I agree....if you want it bad enough....you can do it.....yes, you will be more in debt....but I think it will be worth it. It is your decision to make.

Hi everybody, I am having a difficult time making a decision. I have a previous Bachelor's Degree with student loan debt balance about 65K after all the interest. I am set on going back for nursing...but I am very uneasy about accruing more debt. I want to do this accelerated 12 month BSN in my area...but it would probably put me up to close to 90K in debt! The good thing about that is it is quick, I would have the BSN, and I could get to working and making income. Then I would want to have my employer pay for my NP (which is probably my ultimate goal). I am also trying to get into one of the local community college ADN programs because it would be sooooooo much cheaper and I could later get the BSN online through a bridge program maybe paid by my employer. The problem is community colleges have long wait lists and they would take 2 years once in. So I do not know if I would benefit more just going for that ABSN and working sooner or do MORE waiting as usual and try for the ADN eventually. How are all you RNs doing paying student loans? Am I crazy for getting into this much debt? HELP!
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PD888- try googling indian health service...and try googling rural health and you may be able to find information about areas with critical shortage that will help you with loans!

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