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In reply to the discussion: College graduates get more relief on loan payments [View all]skepticscott
(13,029 posts)20. The question is
"Is this education likely to be worth more than what it's going to cost me, in the long run?" If the answer is no, then taking on tens or hundreds of thousand of dollars in debt is simply foolish, regardless of what type of job you'll have without it. If the answer is yes, then the question is how much short term sacrifice are you willing to make for long-term benefit?
And skyrocketing tuition shouldn't be a surprise to anyone in this day and age, or something they didn't plan for from day 1 of college or before. But far too many people go all in for the most prestigious and expensive education they can get admitted to, and tell themselves they'll worry about paying for it later.
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Income Based payment helps, but it means paying for the loan for much longer
liberal N proud
Dec 2012
#1
My sister taught on a Reservation in the west for 7 years to pay off her loan. That was back in the
jwirr
Dec 2012
#12
Most "Public Service Loan Forgiveness" only applies if the loan payments are current.
happyslug
Dec 2012
#27
The 1% have sold the populace on the specious idea that higher education is
coalition_unwilling
Dec 2012
#13
You continue to slide and slither around the central question, which is
coalition_unwilling
Dec 2012
#39
Many career fields tanked with the economy. Its not a student's fault if they did due diligence
riderinthestorm
Dec 2012
#22
Who knows what the future brings?Perhaps all these VOTING CHILDREN and PARENTS and
lovuian
Dec 2012
#33