Nurses with MSNs include advanced practice nurses who have been shown to provide safe, high-quality care for their patients. These professionals are highly compensated for their advanced level of expertise. In Michigan, they earned between 1.36 and 2.61 times more than staff nurses in 2013 according to the US Bureau of Labor Statistics.
Michigan is facing a severe nursing shortage, estimated to be 18,000 by 2015 according to the state’s Department of Community Health. To increase the number of nurses with graduate degrees, the Michigan Legislature appropriated $6.8 million to be spent between 2008 and 2010 to fund MSN and doctoral students, so they could become faculty educators.
In 2013, 1,606 students were enrolled in MSN programs in Michigan according to the American Association of Colleges of Nursing. In particular, 1,552 nursing students were studying to become APRNs. More than 84% of them were planning on becoming nurse practitioners.
An APRN and Staff Nurse Salary Comparison for Michigan
Information on the salaries of APRNs versus staff nurses who generally have BSNs or ADNs is available from the US Bureau of Labor Statistics. It reveals the strong economic benefits of obtaining an MSN (2013):
The 2012 salary survey performed by the Advance Healthcare Network for Nurses provides additional evidence of the significant increase in salaries for nurses with MSNs in Michigan. This survey of nurses in the lower great lakes region and Mid-Atlantic revealed that MSN-educated nurses in the area earned 17.8% a year more than nurses who had a BSN as their highest degree:
- MSN – $81,546
- BSN – $69,253
An Extensive Survey of Nurse Practitioner Salaries in Michigan
The US Bureau of Labor Statistics provides an analysis of nurse practitioner salaries in a number of metropolitan and nonmetropolitan areas of Michigan for 2013. The median salary was substantially higher in Jackson:
Salaries for Nurse Anesthetists in Michigan
Nurse anesthetist salaries from a number of locations in Michigan are available from the US Bureau of Labor Statistics (2013). The median salaries were particularly high in the Flint metropolitan area and the balance of lower peninsula of Michigan:
*These figures represent hourly wages that are at least $90.00 per hour or annual salaries that are at least $187,199. These are the maximum salaries reported by the US Bureau of Labor Statistics for Michigan.
Nurse Midwife Salaries in Detroit and Warren
Data from the US Bureau of Labor Statistics reveals that the salaries for nurse midwives were highly similar whether they were located in the Detroit or Warren areas (2013):