Degrees worth investing in

Published: Friday, June 14 2013 5:21 p.m. MDT

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Minimum required years in college, graduate school and professional programs: 6



Cost of degree (tuition, fees, room, board):$68,010



Median pay: $46,670



Annual repayment (if 10 percent of salary goes to repaying school loans): $4,667



Years needed to repay education investment (assuming 6 percent student loan interest): 34.67

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bengel
Sandy, UT

Median of 113k? What did I do wrong? In over 30 years as a lawyer, at my highest rate of pay I'd need a telescope to see 113K.

Dr Guber
slc, UT

#7 is way off too. WAY WAY WAY OFF. This info is absolutely old and should be taken down. I'm a Family Medicine Resident about to graduate. My tuition was $40,000 for 4 years, with the government interest 6.5-8%. My grand total I have to make payments on is just under $400,000. My starting salary if I'm lucky would be $120K in Utah. I will have to pay my loans off in 25 years, not ten.
Minimum for Family Medicine is 4 years college, 4 years Med school, 3 years residency - 11YRS.
Not a degree worth investing in by itself, I'm going to do a fellowship.

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