If you had to borrow $50,000 in student loans, and you knew that when you graduated your starting salary would be $25,000 would you do it?
by 
nurse7263
ANSWERS: 3
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that would depend on how many other bills I had. I probably wouldn't cause it would take 2 years salary + probably 1 more year in interest or more to pay it off. You have to decide if you can make the monthly payment which will usually be around $150 a month.
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As if I have a choice.
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well let's think about this... Starting salary is interesting - but what are the prospects? and what are the repayments on the loan? And income if you don't do the course? The figure I've seen bandied about is a degree is worth an extra million in income over a working career. Can you afford not to get a degree?
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