10+ Year Member
- Nov 17, 2008
I will be entering a Clinical Psych PsyD program this fall, and I can't help but worry about the amount of debt that I will be accruing over my five years of school. After one year of MA classes along with the cost of tuition for the PsyD program I am looking to be owing approximately 150k in loans (plus some interest). This seems astonishing to me? How do people afford to pay this and still afford to live at a somewhat comfortable level? My school assures me that no one in the history of the program has ever defaulted on their loans, which is encouraging. My academic mentor (a PsyD) assured me that he had no problems paying back his loans of 170k. Will anyone else be in this seat? How have people gone through this arduous process?