2 ms·
Yeah it's not great! There's fairly decent financial aid available to cover your living costs if you're from a low income family, but that cuts off pretty quic
by seem_2211 7y ago
Yeah it's not great!
There's fairly decent financial aid available to cover your living costs if you're from a low income family, but that cuts off pretty quickly, and unlike the US, there isn't really a culture of paying for your children's education, so there's a lot of kids (like me) who grew up upper-middle class but didn't get much help through university.
Overall, I'd equate the USD = NZD as realtively equivalent, even though there is a currency difference. The average American is graduating into a job paying $51k USD, whereas NZ grads are often starting at $50-55k NZD.
[1] https://www.shrm.org/resourcesandtools/hr-topics/compensation/pages/average-starting-salary-for-recent-college-grads.aspx https://www.shrm.org/resourcesandtools/hr-topics/compensatio...
- amiga_500 7y agoSure, I used the FX rate in your case as you are paid USA wages but your debt was NZD.
- seem_2211 7y agoOh yeah, it's a great deal for me. What I meant was Americans who studied and then work in America end up paying roughly the same (when you take into account average earnings) as Kiwis who study and then stay in NZ.