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Weighing Costs of an Online Master's in Nursing

More education does not equal more pay for some master’s grads.

January 12, 2012 RSS Feed Print

"The nurse anesthesia [specialty] is the biggest bang for the buck," says Coyle-Rogers. "They make $125[,000] to $150,000 the moment they walk out the door."

The six-figure salary comes with some trade-offs, though. Certified Nurse Anesthetists must carry professional liability insurance and are often on call at all hours, Coyle-Rogers says.

Nurse anesthesia programs are also fiercely competitive. Clarkson is one of slightly more than 100 schools that offers a nurse anesthesia program. Out of more than 100 applicants from across the United States, only 12 were admitted to Clarkson's nurse anesthesia program in 2011, Damewood says.

[See which schools have the Top Online Graduate Nursing Programs.]

Still, even with the highest-paid nursing positions, Damewood insists money is a minor motivation.

For Subramanian, who finished her bachelor's in nursing in 1975, then earned her master's nearly 20 years later, it was about achieving a goal and earning respect, she says.

"The intrinsic value plays a big role, which is different than other types of programs," Clarkson's Damewood says. "I think it goes back to nursing as a profession, and what a profession means as opposed to employment."

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Tags:
colleges,
graduate schools,
nurses,
health,
paying for college,
online education

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As I graduate my BSN program with a 3.86 GPA, I have to say the comment, "achieving a goal and earning respect" is a personal statement. The "earning respect" shouldn't come merely from a degree, rather a combination of education and clinical skills. Passing the NCLEX or having a BSN does not mean you will be a good nurse, nor earn respect. Both book and working knowledge MUST be present to provide safe and competent nursing.

I have met many nurses with 2-year degrees and specialized certifications such as CCRN, CEN, etc, that have shown far better skill and competency than those with Master degrees that have limited practical, hands on skills.

The BSN I have earned added a slightly higher level of nursing to my career, though nothing what I expected from spending 2 years and $25,000 in tuition.

Having said that, I am happy to say after 20 years in the medical field, with now 6 years of those years with RN behind my name, I intend to seek certifications in Family Practice/Pediatric nursing and enjoy the fruits of my labor!

Erika RN, BSN of NY 1:23PM July 23, 2012

Nicely stated. This is why nursing is still considered one of the most respectable careers!

anthony of VA 1:11PM February 29, 2012

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