Trying to decide if it's worth it

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I need help figuring out if nursing as a second career will be worth it. I have a BA in Communications and before leaving the corporate world 6 years ago, I was making 53k/year.

I have been accepted into an ABSN program that will cost 50K and last 2.5 years (one more semester pre-reqs and 21 months nursing program) I will need to take out loans for the entire cost. According the lender webpage, I would have 15 years to pay back at 7.32% interest. Total of $82,500.

I hated my cubicle type job but I ultimately do work to make money. I am going to assume I could try getting a job in my field now and make 45k with no loans to pay back. OR I could go through the schooling, get a nursing job at 60k but have a ton of loans to pay back.

What makes the most sense in the long run???? Big assumptions that I could get a job in my field now, that I could land a new grad nursing job, how much I'd make to start in either job, advancement, etc.

Any advice on the financial aspect of it all?

Did you apply to a ABSN program? Do you have to pay back loans? Are you willing to relocate for a nursing job? Thank you for the information, I definitely will not be moving to phoenix..

Specializes in ER.

I will make 30,000 part-time however I'll also pick up hours in the ER so it'll really be more. After getting a year of experience and having my work pay for my bachelors, I plan on picking up a per diem spot in the other hospital system to make even more money before returning to school for a MSN.

Specializes in Emergency.

Nursing is not about the money. If you only work to make money then you will most likely find that nursing is not for you. No nurse is paid enough for the amount of skill and work that is required to do their job.

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