Hey dude, Im doing My EN's traing as we speak, and I reckon it's the better way to go. As vokdacrumble mentioned, we get paid first off - bout $1200 a fortnight (before tax). We get 12 months credit at most Unis (although apart from UTS and ACU I think), you need to do a bridging course (UoW for example is 10 weeks) for the credit. So unlike everyone else in 1st year nursing who was a $5000 debt at the end of Year 1, I've been paid $30,000 for mine
The experience and basic nursing care that TEN traing provides is invaluable too.We get 15 weeks at TAFE and 37 weeks in the Hospital, where as Uni is opposite. You watch New Grad RNs and you can tell the exTENs apart for the straight degrees - the Ex TENs have alot more confidence because they have so much more experience under their belt, they have more of an idea what to expect and can time manage a hell of alot better than the majority of other New Grads. Also, while you're studying you're working as an EEN (med endorsed), and usually will find employment (unless you're a pretty bad TEN) within the Hospital you do your TEN training at, and alot of them stay on once they become registered.
I'm not saying that TEN -> RN makes better nurses, but the experience and support you recive is so much stronger than straight degrees.
As for Post Grad, UTS offers a quick course (2 Years) to people holding a bachelors degree, and Sydney is doing something similar too now. (I think). Once you register as an RN, there is a multitude of post grad speciality courses:
-Mental Health
-Paeds
-Emergency/Critical Care/Intensive Care
-Peri-op
-Rural Practice
-Med/Surg nursing
-Cardiology
Pretty much all the specialties.
You can also do your Masters and become a CNC, or Nurse Practioner.
Thats what I want to do - Nurse Prac or CNC or CNE (or more than one, I like teaching) in Resp/Cardio Med or (Hopefully) Mental Health, esspeically in the new PECC Units in emergency departments in major hospitals - Nepean, St George, Prince of Wales, among a few. Both areas facinate me, and I'd love to research more, and also to pass on what I know.
That said, I wouldn't want to leave the floor permentaly, I love it too much. It really is rewarding