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Trouble Picking which Degree to Go For! - Any advice?
#28
(08-16-2023, 07:57 AM)Duneranger Wrote:
(08-16-2023, 07:51 AM)dfrecore Wrote:
(08-15-2023, 02:00 PM)Duneranger Wrote: I think there are a wide variety of opinions on the matter. Obviously this forum skews a certain way. 

It could get worse, my brothers nurse anesthesia program was 135k haha and my buddy's med school loans were 350k. Not MBAs, but crazy how high grad school costs can be. It all pays off though.

It all does NOT pay off though - not for everyone.  I know someone who flunked out of med school.  Guess what?  He still owes more than $100k in loans for his 2 years there (1st year and then 1st year again).

If it always paid off, nobody would be complaining about student loans - they'd just get a high-paying job and pay off the loans in a few years.
Okay, 99% of people. My brother started at at 250k a year and got loan repayment as a bonus. My friend started out at 310k plus bonus. It paid off.

The vast majority of people finish and pass. People who don’t either refused to put in the work or had extenuating circumstances.

People will always complain about loans.

Only 80% or so of students in 4-yr med school programs graduate.  So while it's the majority, plenty of people don't graduate, or don't pass their boards.  So 20% of those with a LOT of student debt are not making $300k a year and able to pay off their debt.
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RE: Trouble Picking which Degree to Go For! - Any advice? - by dfrecore - 08-16-2023, 09:21 AM

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