rkcstr said:
I'd say I'm in the red... I make about -$60,000 a year, plus interest ;D
I guess you could say it is an "investment" in my future, though
Hey, if it's what you want, more power to you.
Right now, the school is "paying" me to go to graduate school. Basically, they pay all my tuition and fees, and then give me a stipend on top of that. This year, since they are having to pay non-resident tuition, that totals up to about $55k for the year. Of that, $26k is my stipend, out of which I pay regular income tax, rent, food, textbooks, etc. As it stands now, we're paying off a little residual debt from getting married/moving 2500 miles cross-country/having to pay rent at 2 apartments for 3 months by a weird twist of fate, so we don't have a ton of cash, I'd give us a 3 maybe. But in a few months when that last tiny little bit of debt is gone, it's smooth sailing.
It's funny, next year I get "resident" status, so my tuition goes down, so my "pay" (including tuition/fees paid on my behalf) goes down significantly, but my stipend goes up. So they're paying less for me, but I'm taking more home at the same time. It's kinda weird, but it works for me.
Worked my ass off to finish undergrad with zero debt, and really enjoying the benefits of that right now, especially when grad students here are so handsomely rewarded for their efforts. It makes my wife pretty mad sometimes: I'm still just a student, and most months my take home pay is more than hers is from her full-time job. Work hard in school, kids
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