I am from that area, although I do not live there any more, my parents still do. I went to high school near PBA at the performing arts high school near cityplace and graduated as valedictorian in 1999.
I remember in the 1980s the area, Palm Beach County, was relatively inexpensive, if you can believe that! And it was that way until recently. I do not know why the real estate, and everything went up so drastically! There are not real jobs there, like in California, Washington, D.C., or Boston! So, I really do not know who can afford to move there anymore! I would advise against going there.
ONe thing, the pay for a pharmacist in retail there just over $100,000 a year. But that is just barely enough to afford to buy a house there, and then you are $160,000 in debt for four years $25,000 tuition + $1300*12!
So if you spread the payments over 30 years what is the loan payment per month? $1500 a month plus now let us see. The average price of a house in Palm Beach County is around $400,000, which places a mortgage at about $2000 a month. So that is $3500 a month just between house and loan payments! $3500 * 12 = $42,000. And the take home pay for $100,000 is about $70,000 after taxes. So you have $28000 left.
I wonder how those people who go to USC (Southern California) pay off their debt. Los Angeles is expensive, and they have the same incurred debt!
Well, maybe my calculations are off, but you get the picture!