2 ms·
> There would be no kids with low-value degrees in $250k of debt graduating with a job paying $30k/yr. Very few people incur anywhere near that much debt for a
by tzs 3y ago
> There would be no kids with low-value degrees in $250k of debt graduating with a job paying $30k/yr.
Very few people incur anywhere near that much debt for an undergraduate degree. Getting into the $200k+ debt neighborhood generally happens from law school or medical school.
- nradov 3y agoIt's pretty common for students to incur that much debt if they get both a Bachelor's and Master's degree from private colleges. Obviously this is not a smart financial decision, and the federal government shouldn't be encouraging it with subsidized student loans. "More than 800 people applied this year for roughly 72 spots in the film MFA program, which can total nearly $300,000 for tuition, fees and living expenses." https://www.wsj.com/articles/financially-hobbled-for-life-the-elite-masters-degrees-that-dont-pay-off-11625752773?st=l3805noeik0fmhd&reflink=desktopwebshare_permalink https://www.wsj.com/articles/financially-hobbled-for-life-th...
- xboxnolifes 3y agoI did not end up taking these particular college offers, but ~10 years ago I had offers for ~$50,000 a year after financial aid from multiple colleges. In 2024 I wouldn't be surprised if the same offer to me would be $75,000 a year. The year after year price adjustments I've see colleges make are insane.