Jusy Cynicalby Anonymous (no login)Most of the schools are private. They alone carry the burden of increasing costs. Look what has happen to state universities when the economy has caused the feds to decrase state funding. Their tuitions have gone up 10xs the rate of inflation. As far as the 150K not being enough for your student debt, I must disagree. Yes earlier grads had lower student debt but almost everyone bought or started a practice which required borrowing more money. When combined with their student loans this equals or exceeded todays employee grads student debt. Everyone pays their dues. When I started my practice in the 80s. I only paid myself 500/month the first year and lived on that and the 20k my wife made. When the practice started to grow, I paid more to my student loans and paid them off in 7 years(principal was 70K at 12-15% then). After that we spent wisely and had/have a nice lifestyle. I would have killed for 50,000 my first year. Today, I make pre tax 250+ per year. So, set your goals. Every young anything will have their lag phase. Prepare to succeed and it will happen from IP address 64.12.96.200 Goto Forum Home |
| Response Title | Author and Date |
| Dear 80's doc | pod on Jan 18, 9:48 PM |
| Yea we had it so easy | Anonymous on Jan 20, 10:11 AM |
| Do you sell Amway too? | pod on Jan 21, 12:00 AM |
| Buying a Practice | Ben on Jan 25, 5:59 PM |
| You have made your point | Anonymous on Jan 25, 7:43 PM |
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