Graduate school now accounts for about 40% of student loan debt.
http://www.wsj.com/articles/loan-binge-by-graduate-students-fans-debt-worries-1439951900
Same college pro or con arguments apply. Is it really worth it? Are employers demanding masters and phd's simply because they can get it or is it needed for the job?
And you figure a college graduate would be smart enough to figure a hundred thousand or so is a lot of money and will take time to pay it off. Are college people selfish or scared for their future. In some cases it's like doubling down on a no win scenario.
http://www.wsj.com/articles/loan-binge-by-graduate-students-fans-debt-worries-1439951900
Same college pro or con arguments apply. Is it really worth it? Are employers demanding masters and phd's simply because they can get it or is it needed for the job?
And you figure a college graduate would be smart enough to figure a hundred thousand or so is a lot of money and will take time to pay it off. Are college people selfish or scared for their future. In some cases it's like doubling down on a no win scenario.