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The Future of Nursing: Leading Change, Advancing Health
TABLE 4-2 Years Between Completion of Initial and Highest RN Degrees
Initial RN Education
Highest Nursing or Nursing-Related Degree
Bachelor’s
Master’s
Doctorate
Diploma
10.5
13.9
15.6
Associate’s
7.5
11.5
12.5
Bachelor’s
—
8.2
12.4
NOTE: Average years between diploma and ADN not calculated due to larger than average rates of missing data. Too few cases to report estimated percent (fewer than 30 respondents).
SOURCE: HRSA, 2010b.
TABLE 4-3 Average Annual Earnings of Nurses Who Work Full Time as Faculty in Their Principal Nursing Position, 2008
Annual Earnings ($)
All Faculty
63,985
Earnings by type of program
Faculty in diploma/ADN programs
62,689
Faculty in BSN programs
64,789
Earnings by faculty job title
Instructor/lecturer
54,944
Professor
69,691
SOURCE: HRSA, 2010b.
NOTE: Only registered nurses who provided earnings information were included in the calculations used for this table.
either a master’s or doctoral degree) average just over $85,000 (see Table 4-4). Section 5311 of the Affordable Care Act (ACA) offers an incentive designed to offset lower faculty salaries by providing up to $35,000 in loan repayments and scholarships for eligible nurses who complete an advanced nursing degree and serve “as a full-time member of the faculty of an accredited school of nursing, for a total period, in the aggregate, of at least 4 years.”7 However, the ACA does not provide incentives for nurses to develop the specific educational and clinical competencies required to teach.
Projections of future faculty demand To establish a better understanding of future needs, the committee asked the RWJF Nursing Research Network to proj-
7
Patient Protection and Affordable Care Act, HR 3590 § 5311, 111th Congress.