College Education in America is Expensive, but who would have thought these college degrees cost so much?
Originally appeared in WSJ.
A Wall Street Journal analysis of new Department of Education data shows that median debt loads at schools specializing in art, music and design average $21,576, which works out to a loan payment of about $248 a month. That is a heavy burden, considering that salaries for graduates of such schools with five or fewer years’ experience cluster around $40,000, according to PayScale.com.
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Does that mean it is a risk for a student from middle class family to pursue higher education in the US?
Obtained BSc, Eco and Maths. Pursuing postgrad in logistics and supply chain management. Can you advise if there is a loan debt relief for international students or any offerings.
I don’t think there are any provisions for “loan debt relief” here in the US for international students. Unless you raise a loan from here. Then I am also certain that you will be able to get a considerable tax write off.
Occasionally there are scholarships and tuition waivers etc. that international students are eligible for as well. One can of course try to get some sort of an assistantship etc. once here.