debt regret

[Anonymous]

The only people winning are the colleges and graduate schools that keep increasing their fees. The tax payers will end up with the burden.

[Anonymous]

Anonymous wrote:

Anonymous wrote:My rule of thumb is that your starting salary should be at least double your student loan debt when you graduate.

What fantasy world are you living in?

Plus one! Not a realistic rule of thumb. And literally impossible. Schools are 50k per year plus living expenses. And only very few lawyers are lucky and start at 160k.

[Anonymous]

I just can't believe the logic of $200K of student loan debt and a salary below $100K.


I have been in the work force for 20 years and education costs have gone up but I financed most of my education and left with $15K in debt, my first job paid $30K. By some of the math here I would have had $90K in debt which is crazy.

[Anonymous]

Anonymous wrote:My rule of thumb is that your starting salary should be at least double your student loan debt when you graduate.

I've never heard this before, but I like it! Made me think back to '99 when I graduated with $12k in student loans and started a job with $35k salary.