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Filipinos consider nursing as the key to working abroad and earning big time. But the bubble may soon burst as the over supply of nurses looms in the next five years.
The Philippines 400 nursing school reported a staggering 632,108 nursing students are enrolled this year. This is up by 145,875 from the previous year.
This year, a record of 78,797 fresh graduates took the nursing board exam. While there is a worldwide demand of nursing professionals, we would soon have more supply than world demand. When this happens, we will have thousand of nurses jobless or working in other professions. This has happened in the early 90’s. It will surely happen again.
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