Panicking about Student Debt?
August 19th, 2010 by the writer
I am going to be starting grad school in 3 weeks. I will have to take out $90,000 in student loans to pay for the entire 2 year degree . The degree which includes all expenses such as tuition, living, personal and etc.
I am terrified that this will be a burden for the rest of my life. When I graduate, I will probably make somewhere in the range of $50,000 – $60,000 a year.
Is it worth it to take out this much debt for grad school? If I don’t go to grad school, I will make about $40,000 in a job I don’t like very much. Which is very worse of my direction?
This i don’t have any idea how to move forward right now. Hope someone can assist me on this personal student loan advise.