College in America Blog

Archives for February 2020

Is the “Rule of Thumb,” “It is reasonable to take out student loans equal to your targeted starting salary,” a good guideline?

Taking out student loans equal to your targeted starting salary is a very bad idea. I have written about this extensively on this blog. The short answer is to limit your student loans to HALF your targeted starting salary. Let’s look at the issue from two different perspectives, using an example of a $50,000 a […]