Episode Details

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

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