I'm considering a few different colleges - have an AA but want a four-year degree - and I want to know what's the max debt one can take on that's manageable in your opinion. My guess is $50k?

like
Posting as :
works at
You are currently posting as works at

Yes, there is wide range of jobs/Career fields that you could go into depending on your abilities/ passions etc. It is definitely better to select a field you are interested in and that is in demand, than to go into something that pays well but you dislike! Take me for example, I did an MBA at University of Phoenix with an emphasis on Marketing , and I wished I had a Masters in Public Health! I would visit with a good academic advisor and other professionals in the field you are interested in!

like

It depends on your earnings expectations.

Humanities degree from average state school = $50K is probably too much

CS degree from MIT = you’re going to be easily making $150-200K just a year or two out, you could go more in debt if needed

I'd say $50k is manageable. I graduated from law school with about $100k, making $75k to start and I find it manageable, but my interest rate on about half of that is 0%. Monthly payments total $750 right now. Hope this helps!

Related Posts

If I’m selling stock to make the down payment for my primary residence house, is there any way I can limit or avoid some capital gain tax?

like

If I made $1000 in dividends this year, would I have to pay any tax on it if my total yearly income was less than $20000?

like

What is EYs 401k match? I am going to interview and found lots of benefits info online but could not find match or best. Thank you.

like

I just received an offer to lateral into banking. How does independence affect the stocks I currently own? If I join and my stocks are on a restricted list will I have to sell them? Or will I be limited to being unable to buy more/sell any during the course of my employment.

likeuplifting

I had no income in India and was in US the entire year. Do I need to file IT return with 0 income?

like

Correct me if I'm wrong but isn't it more advantageous to have low housing prices and higher interest rate? If that's the case, you can always refinance when/if the interest rate lowers again. Is there something I'm not seeing?

like

If I have a six year old and 150k in a 529, can I say I’m done?

like

Curios to see how you guys log your down payment and remaining loan amount ( home , Auto etc ) in apps tracking net worth ?

Recently put 20% down cash for house which brought down the cash component of net worth but wondering how to balance this . Home equity ?

like

Due to a family situation we are looking to move to a different state. Normally we would sell our current home and buy a new home in our new location. However, with todays prices and interest, will it make more sense to rent out our current home and rent a home ourselves vs. selling and buying immediately when we move? We are moving from Vegas to Sacramento and we are not sure how long we would stay in the new area. Thoughts?

What happens to the funds you're invested in if you roll an old employer's 401k into your current employer's 401k? Is your current 401k custodian able to continue keeping those funds invested even if they don't offer the funds themselves?

like

I am trying to do a backdoor roth but have about 60k sitting in traditional IRAs. I also currently live in NYC, would it be best to rollover everything into 401k, then do backdoor?

like

Anyone have a realtor they can recommend that would kick back a portion of their commission on a > $1.5M purchase. Please DM. Thanks!

like

Whats the best financial institution to keep/create an account for investment purpose even if I leave US and manage from outside? It seems there are many restriction that I can’t contribute from outside US? And what’s the best way to have personal retirement account managing from outside US? Im in the US now but not sure how long I will be here.

Does anyone have any suggestions on small side gigs or other ways to make some quick cash for the holidays?

like

How serious are the independence/investment declarations while joining Big4’s in the U.K.
My parents have a couple of minor investments in the stock market. Do I have to include my parents investments even if they are citizens of another country and invest only within that country?

like

If I’m right on the cusp of hitting the contribution reductions for a Roth IRA for 2021 (will potentially have a greater than $125k AGI depending on bonus amount, but likely won’t exceed $130k), what should I do? I can fully find the $6k right now to a Roth, fund like $5k and then wait until June when I find out my bonus amount to decide what to do with the rest, or should I just do an IRA->Roth conversion just to be safe?

Hey fishes, can someone tell me how the 80c bracket works, i know i can get exempt upto 1.5lakh under it, what i wanna know is does PF comes under it or not? For example if my yearly pf deduction is 20k and VPF is 10k so now will i still be able to show investment of 1.5lakh under 80c apart from PF and VPF or i'll be able to get exemption on only 1.2 lakh( 1.5lakh-30k= 1.2lakh)?

Thank you in advance!!

like

Anyone here tryna go into impact investing?

like
like

More Posts

My personal website (created on squarespace) is laughably out of date - I just can’t seem to find the time to update it given 24/7 job and young child. Any digital ADs up for a quick gig? Compensation is negotiable - but generous. DM me if interested!

likeuplifting

I am looking to product management from program management, any recommendations on books to read, courses etc

like

Hi Fishes!! I have got an offer from Infosys for Gurgaon Location. Mostly everyone knows Infosys is not present in NCR location. Although, my offer letter mentions I will be working remotely and no need to come to office. Is there anyone else who is in the same situation, i.e from Gurgaon Location.

like

What are the best consulting firms for digital marketing?

like

Doing FET with my husband; we just found out our ideal egg donor has available lots! It has been a struggle to find a compatible donor, but it looks like we made it!

like

Anybody had experience with 10mg Doxepin for sleep issues.

I am done trying to pretend everything is fine at work. The higher ups on the team kept asking if I’m doing anything fun for the weekend during video calls. I felt the pressure to make something up but I just can’t. I’ve been struggling with depression, loneliness, anxiety with immigration and the fact that I might be out of work soon cuz my visa is expiring. I’m thousands of miles away from my family and I just want everything to stop. But when my manager kept asking in front of everyone am I

like

Up antidepressant dosage or quit?
Relatively new position at a coveted firm as their Marketing and BD manager. Have suffered burnout and depressive episodes previously: can feel the symptoms raising it’s head. Most importantly, struggling to tolerate how directors speak to me, whereas previously I wouldn’t take it personally and get on with it. Actively looking for a different position as I’ve come to discover this company exploits EME employees, but want to attempt to end on a “high note”.

like

Men, what brand/style do you wear for a light jacket? The type you might want to wear if it's high 40s/low 50s in the morning and you're going to the office

like

I recently visited for the first time the Santiago Bernabeu stadium, the stadium of the world-famous Real Madrid team, and despite being a physical engineer, I can not help but recognize that civil engineers are magicians, my congratulations to them.

like

Currently making $100 + upto 10% of bonus at a startup in a canadian startup. Deloitte canada reached out to me. How much should be a decent ask for me to make a switch? (It’s a manager position at deloitte)

I was hoping 130k cad. Should that be a decent ask? Or can I ask more?

I hold a master’s degree with 5+ years of overall exp.

Planning to move to USI from US.. what would be the payscale in india - (current role cloud engineering, manager)

like

I want to be a consultant at Deloitte, I have experience in Product Management. Do you think going from PM to consulting is a realistic path?

like
like

Is there anyone affected by the firing that happened at Axtria Inc. recently? I heard that they called a few folks, and asked them to resign and submit their laptop and leave.
Axtria Inc.

like

Does studying for top consulting firms’ case interviews help in any way for interviews with other firms (e.g., FAANG case interviews) ?

like
like

How is it different being staffed in Practices Vs Delivery in Capgemini - Sogeti BU.

like

Additional Posts in Student Loans

Damn LIBOR rate up again...

Are you doing what you thought you would be when you took out your student loans? If so, do you feel like taking out your loans was worth it?

likefunny

Not mad that student loans being paused means I can use the money for Christmas. Are you still making payments during the pause? Or are you saving the money for something else. My christmas present to myself is a spa day!

like

In a perfect world how much would you want to make a year to both pay off your loans and live a good life? I think I'd need to make upwards of $200k to pay off my loans, take care of my family and live a fulfilling life.

like

Does having student loans impact your ability to get a mortgage?

like

If you didn't have to pay off any more of your student loans what would you use the money for instead? I'm stuck between something impractical like a trip somewhere or something I need like a new car lol

like

Has anyone refinanced their student loans on h1b visa? Is common bond the only option?

LCSW 50k loan repayment- Has anyone been granted a contract through the National Health Service Corps Loan Repayment Program? I’m interested in applying for the 2 years of full time work as an LCSW but my loans are a bit under 50k so I’m wondering if they would only give me what I need to clear my loans or would I still get 50k as long as I complete my contract ?

Curious to know how much your student loans were when you graduated from your program, how much you’ve paid off so far, and your age. If you have any varying factors too, like kids, income range, etc. Just trying to see if I’m on track or slacking in life. I am 34 yo, i graduated with 95k in student loans, i currently have 85k left and i make 85k in come. I’m also a single mom with two kids. Just praying for 100% student loans forgiveness. Wishful thinking???

like

Can grad students get $20k forgiven if they got Pell in undergrad but outstaning loans are only for grad school?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal