Is the degree you want to pursue worth the cost?

[OnlinePoker]

One of the biggest issues with getting a degree is the debt most students will have to take on. Will what you have trained for be able to service that debt? This site gives a breakdown of 100s of bachelor degree majors and shows what starting salary and mid-career salary will be for each.

https://www.payscale.com/college-salary-report/majors-that-pay-you-back/bachelors?orderBy=Rank

Not trying to discourage people from pursuing their passion, but an informed decision is always better than winging it.

[DFW]

1. I know someone who was very determined

She did four years of undergrad and three years of law school. She now makes, at age 34, PER YEAR, more than the cost of her four years of undergrad and the three years of law school combined, and that's after taxes. She went into international law and was brilliant at it.

Of course, if your chosen field is social work or marine biology, your chances are a lot less great of being debt-free before middle age.

[brush]

2. Some fields it may not be worth it. In education to become a principal...

you have to have a doctorate. I know someone who has went down that road and she is in her mid-forties and is so in debt she can't afford to buy a house, and has been working steadily for years. while getting a masters and a PHD.

[ProudLib72]

4. I am just starting to teach secondary after eighteen years teaching college as an adjunct

Pay is shit, but I got a TAship throughout my grad degree. I am debt free. In the greater scheme of things, I feel pretty lucky. I can certainly survive on the super low pay of a starting teacher, maybe even save something. So I have to wonder where I would be if I had gone for a degree I had to pay for at a school that didn't offer financial support. These people who make $100K per year seem like they are well off, but you never know what kind of debt they accrued getting where they are.

[customerserviceguy]

3. If anyone were to try to get a business loan

they would have to provide a plausible plan that the business is going to pay back the loan.

We don't ask those questions about student loans.