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Six Figures in Debt for a Master's Degree

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Six Figures in Debt for a Master's Degree
Life Long Learning Offline
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#1
06-03-2019, 09:29 AM
I read "Inside Higher Ed" often after I skip over the trash they generally write about.  In some ways, Higher Ed is a sad unprofessional profession.


This article is good.  My former boss was a USC social worker deep in dept and still paying off debt to age 60.  Formal education (degrees) and being smart are not the same thing!

https://www.insidehighered.com/news/2019...2e2bda379e
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sanantone Offline
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#2
06-04-2019, 06:27 PM
There are many cheap, podunk state colleges that offer MSW programs. If you know that you're only going to be making $50k per year, then you shouldn't be spending a lot of money on your master's degree. I don't feel sorry for these people because they're college-educated and usually over the age of 25 by the time they pursue a master's degree.

Many of these people are taking out private loans to supplement their federal financial aid, so credit checks are not stopping them.
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