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According to the U.S. Bureau of Labor Statistics the top ten percent of licensed practical nurses brought home more than $46,000 in 2004. However, the bottom ten percent earned less than $25,000. The middle number or median is the number to focus on, which for LPNs was about $34,000 in May 2004. If you are an LPN and you enjoy your job and the amount of money you are earning, good for you. You perform a much needed and appreciated service to your community.
If however you have higher career ambitions and you would like the potential to earn more money, then you may want to consider taking a logical next step to advance your nursing career, which is earning your Bachelor of Science in Nursing Degree or BSN degree.
More and more nurses who are certified as an LPN are taking courses and entering programs such as lpn to rn bridge programs in order to go from an LPN to an RN. One method of doing this is to find a program allowing a current licensed LPN to take online courses which will allow them to earn their BSN or Bachelor of Science Degree in Nursing in an online or distance learning format. Of course you can’t do your clinical’s online, so what do you do? You find a program that offers an online LPN to BSN program ( learn more here) with a degree path that also allows you to do your clinical’s in a local setting.
Think about this, if you are an LPN and you do earn your BSN and become a registered nurse, your earnings may significantly increase. In fact, according to the U.S. Bureau of Labor Statistics (BLS), registered nurses earn on average over $50,000 per year (2004 numbers). That means the median RN earns more then the highest paid (top 10%) licensed practical nurses. Once a current licensed LPN earns their BSN and becomes an RN, there is a good chance they could earn significantly more than the average RNs if they are in the upper percentages. For example, from the same 2004 numbers from the BLS, the top 10% of RNs earned nearly $75,000 per year. Furthermore, from our own research we have found that with overtime, it is not unheard of for some RNs to break into six figures and earn over $100,000 per year!
Now keep in mind there are many different factors involved in a person’s income and we are not claiming anyone will make a certain amount of money just by earning their BSN degree. However, knowing that it is possible to significantly increase your earnings by going from a licensed LPN to an RN with a BSN degree in nursing is pretty exciting.
If you are ready to make the commitment, know that moving from an LPN to a BSN will require some hard work. You will need to study and focus to make your dreams of being an RN a reality. With that being said, many Licensed Practical Nurses do go on to be a registered nurse and you can too with the right program suited for your needs and a commitment from you to succeed and doing the required work that is necessary.
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