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Interesting question, it was briefly covered a few pages back...
One of my bosses recently asked me "Exactly how much money are you willing to spend to become a vet?"
As in, is there some magic number to be reached where the cost of school is no longer worth becoming a DVM? And when reached, would you call it quits and find something more lucrative? This is really relevant because in our area, we have a veterinarian practicing with the highest amount of debt out of school in the country. Also knew an SGU student who almost didn't go back after break because finding a loan was nearly impossible (ended up being something like 20% interest..ouch).
I'm not sure I could place a number on it because I want it so badly, but at the same time I don't want to be sucked into the Concord Fallacy, i.e. "Well I already have x amount of money invested so I might as well keep going"
I think there definitely comes a point where you have to accept that you may never get your loans paid off....
Anyway, it's been bouncing around my brain lately...any thoughts?
One of my bosses recently asked me "Exactly how much money are you willing to spend to become a vet?"
As in, is there some magic number to be reached where the cost of school is no longer worth becoming a DVM? And when reached, would you call it quits and find something more lucrative? This is really relevant because in our area, we have a veterinarian practicing with the highest amount of debt out of school in the country. Also knew an SGU student who almost didn't go back after break because finding a loan was nearly impossible (ended up being something like 20% interest..ouch).
I'm not sure I could place a number on it because I want it so badly, but at the same time I don't want to be sucked into the Concord Fallacy, i.e. "Well I already have x amount of money invested so I might as well keep going"
I think there definitely comes a point where you have to accept that you may never get your loans paid off....
Anyway, it's been bouncing around my brain lately...any thoughts?