About this episode
Your student loan balance at the end of your program can balloon more than you thought you'd end up with. Find out how that happens, why I think America's first $700,000 dental degree is worth it and why your student loan debt doesn't matter as much as you think. In today's episode, you'll find out: The hidden cost of higher education How tuition inflation impacts students How much accrued interest adds to your loan Why your loans balloon so much while you're in school How to calculate tuition inflation using the Wayback Machine Lies admissions counselors tell you to convince you to enroll How NYU can charge $700,000 for a 4-year DDS degree Why expensive law schools, medical schools, dental schools and other professional degree programs cost so much How your student loan payment can be the same for $700k and $200k of debt When to look at student loan debt as a tax instead of a debt Why I think the tax bomb will disappear in a few years Loopholes to maximize IDR plans and pay 5% of your income Full show notes at: http://studentloanplanner.com/105 Like the show? There are several ways you can help! Subscribe on Apple Podcasts , Spotify or Google Podcasts Leave an honest review on Apple Podcasts Follow on Facebook , Twitter , or LinkedIn Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan