Money Concerns for Recent Graduates

[ckBejug]

With the money I pay every month for my loans I could afford the rent to live alone somewhere for $1500/month. :crying: Writing those checks is SO hard. :( Damn you loans!!!!!

[Siggie]

With the money I pay every month for my loans I could afford the rent to live alone somewhere for $1500/month. :crying: Writing those checks is SO hard. :( Damn you loans!!!!!

Serves you right for going to a private university. :p
I'm excited about the tuition waivers in phd programs. Except John Jay College (CUNY) that I really really really would LOVE to go to, who doesn't offer that. What's wrong with them? Argh.
That's when I'd have to take out loans. Living in Manhattan and having to pay 8k a year for school won't be easy. Beats USC tuition though, so I guess it could be worse.
I probably won't even get in there, so it won't be an issue. :rolleyes: Not gonna get my hopes up on that one.

[ckBejug]

Serves you right for going to a private university. :p
I'm excited about the tuition waivers in phd programs. Except John Jay College (CUNY) that I really really really would LOVE to go to, who doesn't offer that. What's wrong with them? Argh.
That's when I'd have to take out loans. Living in Manhattan and having to pay 8k a year for school won't be easy. Beats USC tuition though, so I guess it could be worse.
I probably won't even get in there, so it won't be an issue. :rolleyes: Not gonna get my hopes up on that one.


But see I have it all rationalized in my head. If I hadn't gone to USC I would never have gotten the job that pays me that much a month, entry level, so I wouldn't have any money. So with the degree, I have the job, I have the salary, and once I pay back the loan it's all mine, MIIINE! :-D

[!EEK]

So with the degree, I have the job, I have the salary, and once I pay back the loan it's all mine, MIIINE! :-D

eheheh :evil: Could you buy me a slave from the US with the rest of the money? :D

[ckBejug]

eheheh :evil: Could you buy me a slave from the US with the rest of the money? :D

Why do you want a slave?

You DO know slavery was abolished quite a few years ago, right? :laugh:

[!EEK]

Why do you want a slave?

You DO know slavery was abolished quite a few years ago, right? :laugh:

It's obvious why I want a slave and I ask it to you because I've heard at school, that slavery was legal in the US...isn't it? :(

[loseyourname]

But see I have it all rationalized in my head. If I hadn't gone to USC I would never have gotten the job that pays me that much a month, entry level, so I wouldn't have any money. So with the degree, I have the job, I have the salary, and once I pay back the loan it's all mine, MIIINE! :-D

Yeah, 'cause you know, no one from a cheaper school ever gets a job at 40K a year, right?

[Siggie]

But see I have it all rationalized in my head. If I hadn't gone to USC I would never have gotten the job that pays me that much a month, entry level, so I wouldn't have any money. So with the degree, I have the job, I have the salary, and once I pay back the loan it's all mine, MIIINE! :-D

I can't wait til I'm done with school in 3 or 4 years. It'll be great. 9-10 years so I can make 40-45K. It'll be so great. ARGH!
b/f was making 60K out of high school before the dot com crash. He's back up to that level now. Just finished B.A. and is due for another raise in a few months.
It's not fair! Why should a systems manager make more than an asst. professor?

[ckBejug]

Yeah, 'cause you know, no one from a cheaper school ever gets a job at 40K a year, right?
I didn't say no one from a cheaper school gets a salary. I was rationalizing MY going to USC, not anything anyone else did. Also, if I had gone to community college and then transferred then I wouldn't have gotten out as soon as I did. As for my salary, I never said I make only 40K a year.

[!EEK]

I can't wait til I'm done with school in 3 or 4 years. It'll be great. 9-10 years so I can make 40-45K. It'll be so great. ARGH!
b/f was making 60K out of high school before the dot com crash. He's back up to that level now. Just finished B.A. and is due for another raise in a few months.
It's not fair! Why should a systems manager make more than an asst. professor?


Man! I don't get it with you xxK..what is it? You gain money by going to highschool or what? Could someone explain me?

Or are you talking about investements? Clear my mind :evil:

[loseyourname]

I didn't say no one from a cheaper school gets a salary. I was rationalizing MY going to USC, not anything anyone else did. Also, if I had gone to community college and then transferred then I wouldn't have gotten out as soon as I did.

Well, to begin with, that isn't true. In fact, you could have even completed college courses at a CC while you were still in high school. But even if it were true, a community college is not the only option cheaper than USC.

As for my salary, I never said I make only 40K a year.

Yeah, but that was your entry-level salary, wasn't it?

[ckBejug]

Well, to begin with, that isn't true. In fact, you could have even completed college courses at a CC while you were still in high school. But even if it were true, a community college is not the only option cheaper than USC.

I'm sure there are plenty of schools cheaper than USC that I could have gone to. However, with my scholarships, the one's I got FROM USC I manage to have loans that amount to however much I would have paid if I went to a cheaper school. So it's not like I am paying outrageous amounts.


Yeah, but that was your entry-level salary, wasn't it?

No it wasn't.

[loseyourname]

By the way, the top three four-year degrees, in terms of average entry-level salary, are Pharmacy, Chemical Engineering, and Economics, at about 80K, 50K, and 40K, respectively. Public schools with very good programs in these subjects include UC Berkeley, UT Austin, the University of Michigan, the University of Virginia, and UCLA.

Not that I'm criticizing your decision. I know plenty of people who pay far more in loans than you do and make far less.

[Siggie]

Man! I don't get it with you xxK..what is it? You gain money by going to highschool or what? Could someone explain me?

Or are you talking about investements? Clear my mind :evil:

I dont know if i understood your question. :laugh:
60k = $60,000
I'm saying that my b/f made/makes that much without needing a college degree.
When I am finished with my schooling I will have spent 3 yrs for BA, 3 yrs for MA (waste of a year grr), and 3 or 4 years for PhD, totalling 9 or 10 years total. When I am done and get a job as an assistant professor I will make about $45,000 a year (if I dont teach summer session).

Better? :D

[ckBejug]

By the way, the top three four-year degrees, in terms of average entry-level salary, are Pharmacy, Chemical Engineering, and Economics, at about 80K, 50K, and 40K, respectively. Public schools with very good programs in these subjects include UC Berkeley, UT Austin, the University of Michigan, the University of Virginia, and UCLA.

Not that I'm criticizing your decision. I know plenty of people who pay far more in loans than you do and make far less.

Well I got a private school degree and experience on a public school price, AND I guess since I worked the four years of college I already had four years of experience, so I wan't an entry level. :)

[!EEK]

I dont know if i understood your question. :laugh:
60k = $60,000
I'm saying that my b/f made/makes that much without needing a college degree.
When I am finished with my schooling I will have spent 3 yrs for BA, 3 yrs for MA (waste of a year grr), and 3 or 4 years for PhD, totalling 9 or 10 years total. When I am done and get a job as an assistant professor I will make about $45,000 a year (if I dont teach summer session).

Better? :D


I knew about the 60k being 60000 $ but I thought you were given money for going to highschools (I know it's wierd)..it's okay I understand now :wave:

[Siggie]

I knew about the 60k being 60000 $ but I thought you were given money for going to highschools (I know it's wierd)..it's okay I understand now :wave:

I wish I could paid for going to school. I'd be a profession student. That's be great.

[loseyourname]

Another option that isn't bad, especially with a science degree, is the military. A person with a four-year degree can enter as a lieutenant, which I believe pays about 45K the first year. You are eligible for as much as a 20K raise your first two years and the pay scale eventually caps out at about 165K for very high-ranking officers. With a science or engineering job, you can actually make a bit more with bonus money paid to officers that do certain work. You can also retire at 50% pension after only 20 years, which isn't bad if you make it into the 6-figure payscale within that time. Plus, seeing as how you're only likely to be in your mid-forties, you can always take a high-paying private sector job while collecting your pension as additional income.

[!EEK]

I wish I could paid for going to school. I'd be a profession student. That's be great.

yay :D

What are you studying btw?

[loseyourname]

Well I got a private school degree and experience on a public school price, AND I guess since I worked the four years of college I already had four years of experience, so I wan't an entry level. :)

Well, let us hope you live long enough to make that worthwhile.

[ckBejug]

Well, let us hope you live long enough to make that worthwhile.
Ok, thanks, uhm, I think, whatever you mean by that. Believe me, I will. You'll hear about me yet.

[loseyourname]

Ok, thanks, uhm, I think, whatever you mean by that.

I just mean that a quick start is pretty worthless if it's followed by a quick finish. Not that I'm expecting you to die young or anything. I'm sure once you start working on stem-cells again, you'll lengthen all of our lives, right?

By the way, this goes to the Career Forum.

[Anonymouse]

With the money I pay every month for my loans I could afford the rent to live alone somewhere for $1500/month. :crying: Writing those checks is SO hard. :( Damn you loans!!!!!

That's what you get for goin to school! :mad:

You should have just settled for being another wage worker, or in your previous life prayed to God so he can make you born into a wealthy family, like the Harrimans or Morgans or the Berenstein Bears of the Eastern Establishment or something.

[Siggie]

yay :D

What are you studying btw?

Experimental Psychology. I'm kind of all over the place in interests though. For PhD I'll do either Cognition, Social, or Psych and Law.

[loseyourname]

Experimental Psychology. I'm kind of all over the place in interests though. For PhD I'll do either Cognition, Social, or Psych and Law.

See, if you were a professor at a professional school, like law or medicine or engineering or something, you'd make much better money. Psychology is one of the lowest paying degrees around, and will continue to be.

[Siggie]

See, if you were a professor at a professional school, like law or medicine or engineering or something, you'd make much better money. Psychology is one of the lowest paying degrees around, and will continue to be.

Thanks for the info, but I didn't choose my interest based on what pays more. ;)
I could do a joint JD and PhD program, but it would take 6 or 7 years. I'd also have to apply to and get into the law school of whatever university. I may try and do that after getting in... I don't want to limit my chances right now or have to take the LSAT too.

[loseyourname]

Thanks for the info, but I didn't choose my interest based on what pays more. ;)

Well, if loving what you do is more important to you, then stop worrying about the money you'll make. I'm sure it'll be enough to live off of. If not, it sounds like your boyfriend makes plenty. Keep him around.

[Siggie]

Well, if loving what you do is more important to you, then stop worrying about the money you'll make. I'm sure it'll be enough to live off of. If not, it sounds like your boyfriend makes plenty. Keep him around.

Yeah, he'll be at around 100k in 5-10 years I think. Won't do me any good if he keeps spending it on the car though. ;)

[loseyourname]

loseyourname good job with the honesty but come on man. don't discourage people like that lol. there's always other options for ANYTHING.
not everyone's single main concern is money.
ck about your loans. why did you have to start this thread and get me thinking about my life when I stop goin to college? why? why? lol

Still studying architectural history or whatever it was?

[loseyourname]

I ask because you mention having concerns about what you'll do when you graduate. I know because you told me a while back and I have a good memory for such things.

[Sip]

The important thing to keep in mind is graduate studies is just as much about learning to survive below the poverty line as it is about education, making money, or any of the other "luxuries" of life like food, clothes, socializing, etc.

[ckBejug]

loseyourname good job with the honesty but come on man. don't discourage people like that lol. there's always other options for ANYTHING.
not everyone's single main concern is money.
ck about your loans. why did you have to start this thread and get me thinking about my life when I stop goin to college? why? why? lol

Uhmmmmmm.... because it is something I am thinking about?! I've figured out what I want to do with my life, now if I could only start pocketing the money I am making. *Sigh* Also, going through the hassle of applying to graduate school is something I really don't feel like doing. Wonder if there's any chance I can pay someone to do it for me?

[ckBejug]

The important thing to keep in mind is graduate studies is just as much about learning to survive below the poverty line as it is about education, making money, or any of the other "luxuries" of life like food, clothes, socializing, etc.

Damn Seap, I tell ya, MARRY RICH!
:laugh:
lol









Kidding, of course ;) lol

[ckBejug]

....and I have a good memory for such things.

Just don't ask him what he ate for breakfast. :laugh:

[patlajan]

Serves you right for going to a private university. :p
I'm excited about the tuition waivers in phd programs. Except John Jay College (CUNY) that I really really really would LOVE to go to, who doesn't offer that. What's wrong with them? Argh.
That's when I'd have to take out loans. Living in Manhattan and having to pay 8k a year for school won't be easy. Beats USC tuition though, so I guess it could be worse.
I probably won't even get in there, so it won't be an issue. :rolleyes: Not gonna get my hopes up on that one.

Wait you're from NY??? I didn't know that...

PS - I was lucky that I was able to pay for my education without loans. When I'm ready for the second round of mental anguish..I mean um education, I'm definetly going to a cheaper school.

[Siggie]

Wait you're from NY??? I didn't know that...

PS - I was lucky that I was able to pay for my education without loans. When I'm ready for the second round of mental anguish..I mean um education, I'm definetly going to a cheaper school.

I'm not Pat. I'm meant if I get into CUNY and have to live there it won't be easy.

[patlajan]

I'm not Pat. I'm meant if I get into CUNY and have to live there it won't be easy.

If you can't afford CUNY you've got big problems. It doesn't get any cheaper than that. If you find a roomate you can live decently for about $550/m rent(with your roomate paying the same).

But why do you want to come all the way to NY? CUNY schools are nothing super special.

[Siggie]

If you can't afford CUNY you've got big problems. It doesn't get any cheaper than that. If you find a roomate you can live decently for about $550/m rent(with your roomate paying the same).

But why do you want to come all the way to NY? CUNY schools are nothing super special.

:laugh: 8k a year compared to nothing is a big difference. Many programs give their PhD students a FULL tuition waiver. Likewise, they like you to work 20hrs a week for them and not elsewhere. So, tuition and living expenses wouldn't be easy only working 20 hrs a week I don't think.
John Jay's not a special program for Forensic Psych? :confused: There aren't a whole lot of them to choose from really. There's Univ. of Arizona, Florida International, Univ of Minnesota, Univ of Nebraska, Univ Nevada Reno, Simon Fraser University (BC), and some crappy xxxx like Alliant. Which would you like to go to? :p Plus, I may decide I want to get a JD too.

[patlajan]

:laugh: 8k a year compared to nothing is a big difference. Many programs give their PhD students a FULL tuition waiver. Likewise, they like you to work 20hrs a week for them and not elsewhere. So, tuition and living expenses wouldn't be easy only working 20 hrs a week I don't think.
John Jay's not a special program for Forensic Psych? :confused: There aren't a whole lot of them to choose from really. There's Univ. of Arizona, Florida International, Univ of Minnesota, Univ of Nebraska, Univ Nevada Reno, Simon Fraser University (BC), and some crappy xxxx like Alliant. Which would you like to go to? :p Plus, I may decide I want to get a JD too.

Well theoreticly after you get your phd you'll be making a lot more money. So taking out a loan would be a good investement.

John Jay has a good reputation for anything that resembles forensics. Plus there's all sorts of people in law enforcement people that you can make connections with hanging around that school.

[daisygrl]

Well I got a private school degree and experience on a public school price, AND I guess since I worked the four years of college I already had four years of experience, so I wan't an entry level. :)

I think that's great that you got a private school education on a public school price. I was thinking about private school but the costs were so high I would have to take out to many student loans (http://www.nextstudent.com/) so I had to stick to public school. As long as I get a degree I will be happy but private always seemed better to me.

[Sip]

I think that's great that you got a private school education on a public school price. I was thinking about private school but the costs were so high I would have to take out to many student loans (http://www.nextstudent.com/) so I had to stick to public school. As long as I get a degree I will be happy but private always seemed better to me.

I have tried that website before ... it's a total scam. I would NOT recommend it at all. Hope you didn't have to take any loans out from that website :eek: