Education is a significant determinant of nurse compensation. Nurses with a Bachelor of Science in Nursing (BSN) generally earn more than those with an associate degree or diploma in nursing. Advanced degrees such as a Master of Science in Nursing (MSN) or a Doctor of Nursing Practice (DNP) can open doors to advanced practice roles like Nurse Practitioners, Clinical Nurse Specialists, or Nurse Educators, all of which offer higher pay scales. Continuous education and certification in specialized areas also contribute to higher compensation.
