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Reply to "Canceling $10k of student loan debt is stupid."
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[quote=Anonymous][quote=Anonymous]During the onset of the coronavirus outbreak, newspaper articles wrote that traveling nurses could earn at the rate of over $400,000 per year with massive amounts of overtime based on a base pay rate of $90 per hour ($180,000 for 2,000 hours = 50 weeks x 40 hours per week plus $135 per hour overtime rate. X 40 X 50 = an additional $270,000 for a total of $450,000). Someone who actually worked 40 hours of overtime per week might trigger double time at some point instead of just time and a half. Transportation, hotel/motel room and meals were also paid for the travelling nurses. But the work can be very stressful and exhausting. [/quote] Yes but not everyone can do that and it's usually short stints for like 6-8 weeks where you earn a lot, don't have the full time benefits, can get cut at any time, and don't know where your next stint will be. Same goes for agency nurse type positions. Few do those jobs long term on a permanent basis because nursing is already exhausting and those types are worse, starting in a new space all the time. Once the hospital feels staffing boosted back up to cover the lapse, they cut you. I made about $55k as a new nurse in a major city nonprofit hospital that is unionized when I started about ten years ago. There are higher paying nurse jobs - i e. Management and administration but those are a handful. My one city hospital employs several thousand nurses and most are bedside. It's the biggest hospital budget and highest personnel budget, which also makes widespread pay increase more expensive to implement. A few will become management or clinical specialists, etc. Some nurses work to use their degree as a stepping stone to nurse practitioners, but NPs are not nurses, they function operationally as MDs essentially, are not a part of the hospital nursing department nor budget. Working in nursing nowadays, very few people stay to be long term career nurses at a basic level... Med surg floors are constantly hiring who they can out of nursing school (instead of increased pay, when options are slim, hospital opens up hiring to associate degrees instead of BSNs) to replace large numbers who leave, then those people they hire and train will leave within 1-2 years to try ICU or a different specialty floor, work till they burn out, try to become NPs, then leave nursing dept altogether if they can or just get stuck, burn out, leave profession altogether. There's a lingering pool of older nurses who were career "med surg" nurses who are retiring. Everyone is burnt out, especially as assaults on nurses increase and are becoming too common Will the nursing shortage lead to better pay? For at least 30 to 40 years, it's only led to short term tricks such as temporary bonuses, hiring bonuses, hiring agency nurses who tick off the permanent staff by doing the same job for super high pay, but permanent staff don't want to leave and lose benefits for that same pay). Oh and pizza parties as compensation, a running joke in the nursing field.[/quote]
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