- Joined
- Feb 25, 2017
- Messages
- 33
- Reaction score
- 50
Just talking to my interns the amount of tuition is off the charts. My interns average 200k or more for loans. Have any of you wanting to go into this profession actually sat down and thought about how long it would take to pay that off or how much interest it will be if you don't pay it off especially now that the rate is like 4.45%!? Just to compare my interest rate was 2.8% and i borrowed only 100k ish and that dragged me down forever and i was pretty much paying about 2.5k to loans each month.
I dont know how any of my interns with 200k loans at 4.45% or higher with the grad plus supposed to live when they might not even have a job or part time. Folks, pharmacy is averaging 55/hr and you may think 100-120k is a lot but after taxes you get like half back and after loan and rent I cant see how this is worth it. At least MD, DDS at 200-300k debt they make 250k+ yr.
Think about it guys. You will owe so much that the 100k job you get, if you do get one, isnt even going to dent your loans for any foreseeable time. You prob have less each month than some regular job. Is this what you envisioned when you want a 100k job? New car? new house? New stuff? LOL good luck.
I dont know how any of my interns with 200k loans at 4.45% or higher with the grad plus supposed to live when they might not even have a job or part time. Folks, pharmacy is averaging 55/hr and you may think 100-120k is a lot but after taxes you get like half back and after loan and rent I cant see how this is worth it. At least MD, DDS at 200-300k debt they make 250k+ yr.
Think about it guys. You will owe so much that the 100k job you get, if you do get one, isnt even going to dent your loans for any foreseeable time. You prob have less each month than some regular job. Is this what you envisioned when you want a 100k job? New car? new house? New stuff? LOL good luck.