May 04, 2006

Sticker Shock

When I graduate, I will have what I consider to be significant debt. You people aren't giving me enough grant money, so I'm also taking out loans to help pay for my education.

My debt, however, will be dwarfed by The Boy's. He'll owe over $100,000. It would be even more if his parents and the gummint weren't paying a significant portion of his dental school costs. The estimated cost of attendance for a non-resident (of the state) is over $160,000, and he tells me that's better than most schools. Especially considering we have one of the top dental programs.

I think I figured out why they're suicidal.

Posted by Jenelle at May 4, 2006 09:37 AM | TrackBack
Comments

I think a dentist is pretty safe, but with a lot of degrees it's all a question mark. I know people with advanced degrees, and I'm talking about smart, able people who make very little money.

In contrast, I know some people that have no degree at all that make more than 100k in sales/management positions.

I know people who went to very impressive schools and make significantly less than people who went to shitty schools too.

I guess it's all dependent on the person and their ambition. But damn, walking into the real world owing 100k is depressing no matter what.

Posted by: Paul at May 4, 2006 12:44 PM

100K. It makes me hyperventilate just thinking about it.

Posted by: Jenelle at May 4, 2006 12:58 PM

There are some things in life that aren't worth worrying about. Given the low interest rate and payback period of college loans, I think they fall into that category.

In other words, game on.

Posted by: shank at May 5, 2006 08:45 AM