Quote:
Originally Posted by teoman
Congratulations.
The finances of the education system over there baffles me a bit. That is a lot of debt.
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Agreed. And student loan debt is among the only that cannot be dismissed by bankruptcy.
I have 2 friends that are married, one is a veterinarian and the other a pharmacist. They graduated with a combined $250k or so of debt. At that time, I had purchased a 4 bedroom 2.5 bath home and put 20% down. Also had an investment property in OK. I started out 2 properties ahead, and they a property behind (monetarily), and it will be some time in the future that they catch up. I've already sold the investment property in OK and have a 2nd house.
I wouldn't go to school to get rich, I'd go if you have a career in mind that requires it.