It also depends upon how long you've been an RN. One of my coworkers has been an RN at our hospital for 14 years. She will finish her NP this year; and she's not sure what to do. If she gets hired by the hospital, she will TAKE A PAY CUT. That's right; she earns more as an RN with 14 years experience than what the starting salary for a new grad NP is. So she's not sure if she will go with a private practice, which will pretty much be the same amt of pay as right now, or take a pay cut, but continue with her current benefits, like her retirement and holiday pay (she won't start over in those if she takes a new position in the facility).
Pretty much I've decided that if I go on to get my masters, it won't be because of the money. The amt it would cost vs the amt I would make; I don't know if it would actually balance out. I make over 50K a year as an RN right now. If I paid 25K or more to go back to school, to only make 60-70K, work 5 days a week, and have more responsibility (and higher malpractice insurance), I don't know, it doesn't seem worth it to me.
Or it could be that I'm just lazy, and rationalizing my laziness. I really like working just 3 days a week!