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Is it worth taking debt for your undergraduate?

#money #undergraduate #debt

money undergraduate debt
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Ann’s Answer

Hi Markus,


Thank you for reaching out! It honestly depends on the person and the career. To advance in most careers, a Bachelors degree is required, but not for all. If the degree is what you need to get the job you want, then the debt is worth. If your preferred career doesn't require a degree, then other training or certifications may be your best bet. I recommend researching the jobs you are interested in on onetonline.org. This site will outline the job demand, salary range and education required for thousands of careers. Hope this helps!
Thank you comment icon I agree generally with the other answer but have some additional advice. Assuming that your desired profession requires a Bachelor degree and you are trying to save money in college tuition, consider going to a 2 year (local) college first then transferring to a 4 year college. The 2 year school is going to be much cheaper than the 4 year school and it really only matters where your Bachelor degree comes from (this is not just my opinion). My son is doing this. His tuition for a semester at the 2 year school is $1500. He was attending a 4 year college out of state that was $16,000 for the semester. Quite a savings. He is now looking to go back to a 4 year college for his last 2 years with an Associates degree already in his pocket! David Reak, CPA
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Deepak’s Answer

The answer is no
but based on what situation you are,
you need to decide
Thank you comment icon How would you suggest the student tries to make that decision? Gurpreet Lally, Admin
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