J. Spetz, The value of education in a licensed profession: the choice of associate or baccalaureate degrees in nursing, ECON ED REV, 21(1), 2002, pp. 73-85
This paper assesses the relative value to employers and Registered Nurses (
RNs) of different types of basic education in nursing: the associate degree
; the baccalaureate degree; and the nursing diploma. Using the National Sam
ple Surveys of Registered Nurses the determinants of nursing wages are eval
uated with a Tobit model. After finding that RNs do not expect to gain (fin
ancially) from obtaining the baccalaureate degree in nursing (BSN) the reas
ons why a prospective nurse would pursue a BSN are explored. Non-wage caree
r objectives and personal circumstances when education begins appear to be
more important determinants of the choice of RN training than financial ret
urns. (C) 2001 Published by Elsevier Science Ltd.