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No way, since any such degree wouldn't cost any money, instead it would pay you. Spending 500k on a degree is absolutely insane and indicates that there's a lo
by Kranar 4y ago
No way, since any such degree wouldn't cost any money, instead it would pay you.
Spending 500k on a degree is absolutely insane and indicates that there's a lot more to the story than what's being told. The only exception I can think of is if this person attended a top 10 university, like MIT, Harvard, Stanford, in which case they likely have nothing to worry about.
- credit_guy 4y agoNot even that. Someone who is 50 now would have gone to MIT/Harvard/Stanford in the early-mid '90's. Tuition was not that high in those times, maybe $25k/year. Here's a quote from MIT [1] >Nine months' tuition for 1994-95 is $20,100. In addition, undergraduate room and board ranges from $4,530 to $6,075, with a standard of $5,975; actual costs depend on the student's housing and dining arrangements. Books, materials and personal expenses (including clothes, laundry, recreation and optional medical insurance, but excluding travel) are approximately $2,325. [1] http://web.mit.edu/resdev/www/facts95.html#Tuition%20 http://web.mit.edu/resdev/www/facts95.html#Tuition%20
- deleted 4y ago[deleted]
- labcomputer 4y agoThat's true, but the opportunity cost of a PhD can easily reach 500k. The average PhD takes about 5 years, and is paid ~30k during that time. Most are talented enough to land a job a FAANG, so... do the math.
- UncleEntity 4y agoWhat’s the opportunity cost of being a complete slacker for your whole life? Asking for a friend.