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How much money will I be making if I do decide to get my masters degree in nursing?

I need to be able to finically support myself.

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Paul’s Answer

The average range for nurses, with master's degrees in the United States, is $83,000 to $125,000 dollars per year.
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Michelle’s Answer

Hello, Lydia !

I just answered your question with you expressing that you may possibly not go to college. With all due respect, I would like to repeat some of what I mentioned in that advice.

No one can tell you today what salary you will obtain and when, or the entry level salary if you get your Masters degree in nursing. The reason I always emphasize this is because it's impossible to know what a position is offering when you have no idea where, when and in what capacity or venue in which you'll be working. Like I mentioned in my other advice to you, there are many, many websites that are full of various careers and salary ranges of what people make. Those are based on previous years - not the year you personally would be working. You will only know the salary you'll get at the time you are offered a position from a company and it's going to greatly depend on the company, the regional location and how much experience you have and what the company's budget is. It may even depend on your resources and networking and professional contacts. Obtaining elusive salary quotes today is not the best way to figure out what you want to do. You must be driven towards the career and have a deep passion for what career you strive for. Nursing is traditionally a good paying career so if you decide to do the Masters Degree, you should have nothing to worry about, but it would be interesting, yes, to gather salary statistics now, but not of any help to you in 8 years from now.

What makes these salary quotes of little use to you is that the pool of people is small, perhaps not in your region, and fewer people may have reported their salary for a particular career so the average can be off.

That being said (and repeated here), I would like to encourage you to take the Masters Degree path for Nursing. It is a process that may lead to various opportunities and who knows what may lie ahead for you in the future with advancements in the medical field. A solid education will put you in the forefront.

This is just some advice based on my opinion, further based on observation and knowing a great deal of professional nurses from all ranks. I am hoping for the best for you in the future and a wonderful path there !
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wassim’s Answer

between 80 and 100K
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Dr. Krista Penn’s Answer

Hello Lydia,

This really depends on the type of position you are pursuing. Most nursing positions do not require a Masters-level degree unless you are pursuing a leadership role or want to teach in a nursing or technical program. Leadership roles do tend to come with larger salaries at the Director level and higher in healthcare. Are you interested in working as a bedside staff nurse or pursuing a leadership or a more advanced practice position like a Nurse Practitioner?
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