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Recent grads having harder times getting jobs
An example, almost 90 applications before being accepted
Link:
https://www.msn.com/en-us/money/career/a...r-AA1f9ryO
$100,000 of student loan debt, took 6 years to pay it off
An example, a 30-something who took strides in clearing debt
https://www.msn.com/en-us/money/personal...r-AA1f9Plx
I'm 25 and have 2 master's degrees and $131,000 in student debt
An example of someone heading to India with only $200
Link:
https://www.msn.com/en-us/money/personal...r-AA1f62ni
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Quote:Since I'm planning on going into public service, there's also loan-forgiveness opportunities for that: After 10 years in public service with consistent payments, all of the rest of my loans will be forgiven. I knew that going into the school and choosing to do two master's — knowing that I was headed for a career that was going to result in loan forgiveness.
So two masters and 130k in debt, all to be a slave for ten years just to break even? Lolz.
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(08-16-2023, 12:04 AM)bjcheung77 Wrote: Grad school debt can be crushing for students. With wages stagnant, Education Dept worries (msn.com)
Some advise waiting until your career is established before completing a master's degree program.
The last thing you want to do is get a high-priced master's degree, then there is no job to get or you end up not likely in the career field.
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(08-16-2023, 02:38 PM)LevelUP Wrote: (08-16-2023, 12:04 AM)bjcheung77 Wrote: Grad school debt can be crushing for students. With wages stagnant, Education Dept worries (msn.com)
Some advise waiting until your career is established before completing a master's degree program.
The last thing you want to do is get a high-priced master's degree, then there is no job to get or you end up not likely in the career field.
Many MBA programs won't even take you unless you're at least 5 years into your career. Makes sense, someone with an MBA and zero experience is putting themselves at a disadvantage when trying to start a career.
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