Published Sep 10, 2009
RKelly922
1 Post
Hello, I have a non-nursing related degree and after a few years in the "real world" I have decided to go into healthcare. It's where I always thought I would wind up but somehow took a convulted path to get here. Because of my previous degree I was able to apply to a 1-year accelerated BSN program. I recently learned that I have been accepted to the program (yay). When I applied, this particular hospital/university offered a 'Work Agreement Scholarship' program where my tuition would be payed for in return for a 4-year employment commitment from me. These days, the thought of a guaranteed job for a new grad was almost more appealing than the tuition scholarship! HOWEVER, now that I have been accepted, I have learned that the university has discontinued this program for the time being. I know I want/need to get out of the current field I'm in, however, I'm not sure it's worth taking out a $40k loan to cover one year of school (especially since I still have a little bit of loan remaining on my first degree). The scariest thought is, what if I take out this loan and can't find a job? Will I be in a worse position than when I started? I guess my question is - in these times, do you think its smart to take out a substantial loan to get into the nursing field?
philanurse74
127 Posts
Do you have to go to a one year accelerated program? A two year program will cost tens of thousands less
Whispera, MSN, RN
3,458 Posts
A state school will cost lots less and many have accelerated programs. $40,000 a year is outrageous.
classicdame, MSN, EdD
7,255 Posts
Gosh - I have a Masters degree and never paid that much for ALL my education. You need to do some research
JenPen2332
40 Posts
my brother in law is in the same boat. It is such a bizarre time right now.