Potential nursing students have been turned away in recent years in the tens of thousands due to lack of facilities and qualified faculty. Reps. Tammy Baldwin (D-WI) and Tom Latham (R-IA) have now proposed a federal student loan repayment program for nurses who obtain a grad degree in nursing and sign up to teach full-time at an accredited nursing school for at least four years.
The Nurses’ Higher Education and Loan Repayment Act (H.R. 1460) would repay nurses with a masters degree $40,000, and $80,000 for those with a doctoral degree.
Is this the solution that nurses everywhere have been waiting for? If you are currently a nurse, how would a turn towards academia suit your lifestyle?