Why The First Degree to Cost $700,000 is Worth It
Your student loan balance at the end of your program can balloon more than you thought you\u2019d end up with. Find out how that happens, why I think America\u2019s first $700,000 dental degree is worth it and why your student loan debt doesn\u2019t matter as much as you think.
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In today\u2019s episode, you'll find out:
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- The hidden cost of higher education
- How tuition inflation impacts students
- How much accrued interest adds to your loan
- Why your loans balloon so much while you\u2019re in school
- How to calculate tuition inflation using the Wayback Machine
- Lies admissions counselors tell you to convince you to enroll
- How NYU can charge $700,000 for a 4-year DDS degree
- Why expensive law schools, medical schools, dental schools and other professional degree programs cost so much
- How your student loan payment can be the same for $700k and $200k of debt
- When to look at student loan debt as a tax instead of a debt
- Why I think the tax bomb will disappear in a few years
Loopholes to maximize IDR plans and pay 5% of your income
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Full show notes at: http://studentloanplanner.com/105
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