[quote=Eugene]
That’s better. Now you’re describing 300 people/year (30 nurses per community college, times 5 community colleges; and, say, 150 more graduating from Kaplan & such, saddled with 50k of student debt.) So, almost one percent of the population. By the way, it’s very hard to get your RN at 20, because just the RN program at, say, Mira Costa, is 4 semesters long, and there’s a number of prerequisites – anatomy, physiology, etc. Let’s make it “get your RN at 22, have 5 years of experience, making $60k/year ($30/hour, 2000 hours/year)” – 120k/year at 27.[/quote]
Ok, how about lets make the net a little wider and say start making $75k/yr by the time you’re 30. After 15 years, you’ll be 45, you should theoretically be able to save $1.5M if you can average 8% return.