Your future ex-spouse could very well make the argument that without their support, income, and picking up extra household tasks, you launching this “future possible startup” wouldn’t even be possible.
But mostly this just looks like a great way to make a mess of a marriage that hasn’t even begun.
Don’t know where you live that someone making $30000+ a year qualifies for any type of government benefit other than subsidized health insurance, but I’d love to move there. Do you know what the threshold is to qualify for public housing in most states for a single person? I’ll give you a hint, it’s less than 20k
Where the hell do you get The idea that we get government food and housing? We don’t.
Also, yes, I can pay my loans which is why I’m not doing PSLF. Others have larger loans and may need the help. But don’t think that means you don’t pay. You must make on time payments for 10 years to qualify.
But hey, if you guys think it’s such a cushy lifestyle feel free to join.
THIS. I got into my dream school, but they wanted $50k a year that my parents and I just didn’t have. Fortunately my parents instilled financial literacy into me at a young age, and after a long sit down talk about my career goals and what graduating with $200k in debt as social worker would mean for the rest of my life, I opted for state school with a scholarship.
Too many kids are told to tour schools and pick based on which one they “feel most at home” at. Whatever the fuck that means. It’s a whole lot of money to mortgage your future on for four years of living in a cool place where the campus culture “gets you”. At the end of the day, you’re making an investment in your future, not going to summer camp for fun.
P.S. I went to state school for my bachelors and masters for social work (MSW pretty much required to do most SW jobs) and am $52,000 in the hole thanks to NJ’s extremely high in-state tuition.
Social worker here. This is why many professions like mine are eligible for public service loan forgiveness, where you do income based repayment for 10 years and then your loan balance is forgiven. Essentially they recognize that you gave up economic reward to provide a service to society that is needed, and make sure you can pay your loans off and aren’t forever indebted for making that sacrifice. Catch is you can only work at an eligible nonprofit for those ten years, which can be tough if there are better paying jobs or are primarily jobs in the for-profit sector.
Ugh, I can totally relate. I have a BA in psych and feel like half of my classes were a total repeat, and that most of what I’ve really learned was in my internships and could have been on the job training anyway. It feels like a huge money making scheme.
Finally finishing up my MSW in May and there are really only three circumstances that you should go to grad school
1) It is required for your chosen career path (not “it might help”, but actually necessary)
2) It will significantly increase your pay
3) your employer is paying for it.
Mine was the first, wanting to be a medical social worker. But seriously it’s way too much time, way too much money, and way too much effort to go for a graduate degree just because you aren’t sure what you’re doing with your life or it just seems like a good idea. You need to really know how it fits into your career goals. It’s college with none of the fun, double the stress, and double the debt.
Yeah, I work for a moving company and you have to sign a waiver that we’re not responsible if your Ikea-type furniture doesn’t make it, or we won’t move it. The stuff is basically a bunch of wood shavings pressed together and does not withstand moving well at all.
Yeah, you can totally do these with a BA in English! Except for physicians assistant, actuary, statistician, biomedical engineer, computer scientist, nuclear engineer, petroleum engineer, therapist, financial analyst…..oh wait…
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Your future ex-spouse could very well make the argument that without their support, income, and picking up extra household tasks, you launching this “future possible startup” wouldn’t even be possible.
But mostly this just looks like a great way to make a mess of a marriage that hasn’t even begun.
Also YOU said the median salary is $45,000. If you made more than that in high school, I’d be amazed.
Don’t know where you live that someone making $30000+ a year qualifies for any type of government benefit other than subsidized health insurance, but I’d love to move there. Do you know what the threshold is to qualify for public housing in most states for a single person? I’ll give you a hint, it’s less than 20k
Where the hell do you get The idea that we get government food and housing? We don’t.
Also, yes, I can pay my loans which is why I’m not doing PSLF. Others have larger loans and may need the help. But don’t think that means you don’t pay. You must make on time payments for 10 years to qualify.
But hey, if you guys think it’s such a cushy lifestyle feel free to join.
Also the forgiven amount is taxable income. But yes, this. You end up paying more in interest than if you had just done traditional payments.
THIS. I got into my dream school, but they wanted $50k a year that my parents and I just didn’t have. Fortunately my parents instilled financial literacy into me at a young age, and after a long sit down talk about my career goals and what graduating with $200k in debt as social worker would mean for the rest of my life, I opted for state school with a scholarship.
Too many kids are told to tour schools and pick based on which one they “feel most at home” at. Whatever the fuck that means. It’s a whole lot of money to mortgage your future on for four years of living in a cool place where the campus culture “gets you”. At the end of the day, you’re making an investment in your future, not going to summer camp for fun.
Some people, me included, sign their master promissory note at age 17, so they’re not even legally adults.
P.S. I went to state school for my bachelors and masters for social work (MSW pretty much required to do most SW jobs) and am $52,000 in the hole thanks to NJ’s extremely high in-state tuition.
Social worker here. This is why many professions like mine are eligible for public service loan forgiveness, where you do income based repayment for 10 years and then your loan balance is forgiven. Essentially they recognize that you gave up economic reward to provide a service to society that is needed, and make sure you can pay your loans off and aren’t forever indebted for making that sacrifice. Catch is you can only work at an eligible nonprofit for those ten years, which can be tough if there are better paying jobs or are primarily jobs in the for-profit sector.
Ugh, I can totally relate. I have a BA in psych and feel like half of my classes were a total repeat, and that most of what I’ve really learned was in my internships and could have been on the job training anyway. It feels like a huge money making scheme.
Finally finishing up my MSW in May and there are really only three circumstances that you should go to grad school
1) It is required for your chosen career path (not “it might help”, but actually necessary)
2) It will significantly increase your pay
3) your employer is paying for it.
Mine was the first, wanting to be a medical social worker. But seriously it’s way too much time, way too much money, and way too much effort to go for a graduate degree just because you aren’t sure what you’re doing with your life or it just seems like a good idea. You need to really know how it fits into your career goals. It’s college with none of the fun, double the stress, and double the debt.
Yeah, I work for a moving company and you have to sign a waiver that we’re not responsible if your Ikea-type furniture doesn’t make it, or we won’t move it. The stuff is basically a bunch of wood shavings pressed together and does not withstand moving well at all.
Yeah, you can totally do these with a BA in English! Except for physicians assistant, actuary, statistician, biomedical engineer, computer scientist, nuclear engineer, petroleum engineer, therapist, financial analyst…..oh wait…