Let me show you the true cost of going to an expensive private school
These school expenses are getting so ridiculous. I didn't realize tuition+fees for these schools are 100,000 dollars. Let me show you just how much this costs if you go to a school like this.
Income: $200,000
After taxes: ~$140,000
Loans: 550k with 6% interest
15 year payoff: $4,600 monthly or $55,000 yearly into loans. That means you have $85,000 left over each year.
This is the equivalent of a person with $115,000 salary for the next 15 years of your life
10 year payoff: $6,100 monthly...
Let me show you the true cost of going to an expensive private school
Source: Student Doctor Network - Category: Universities & Medical Training Authors: Awarara Tags: Dental Source Type: forums