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by vitus 3462 days ago
Well, no, the cost of education is ridiculous. Not many people get out of undergrad without any loans, and especially if you want to go on to get higher education (yes, even law degrees which pay nicely after you graduate), you'll be stuck with a mountain of debt that you won't be paying off any time soon.

I know someone in particular who went on to get a law degree (and was steadily employed in her field from her time of graduation) but was only managing to pay in the double digits toward her loan's principal on a monthly basis -- the rest went toward interest.

1 comments

The benefits are ridiculous. Not the costs. Where I live it costs $28,000 to get a BS. I took out loans for every penny. Before college my salary was just under $18,000. After college I was making $48,000. I got my MS and PhD for free, fully funded by my work while in graduate school. I even made a decent salary, $18,000 during the year and $30,000 during summer internships.

My first post-grad school salary was $112,000.

My education was an investment. It paid off.