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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?
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.
wanttoknow
23 Posts
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..