I just received my financial aid package. I got 14k a year in scholarship plus an extra 4k for work-study. That leaves me at least 80k in debt when everything is said and done. What does everyone think, is that debt worth it? I got offered a job in administration and policy for 40k after receiving my Bachelors in Social Work and Non-Profit Administration, but I don't know how much the salary for a similar position will increase after my MSW. To be fair I have no interest in clinical work and most of my experience is in supervising, policy, administration, resource management etc.
Do you folks think that this kind of debt is manageable, especially with the cost of living in NY? I would have to get a job making at least 60k right out of grad school, or even more if I stay in NY after graduation. Which is possible, but difficult even in the field of macro social work.
I would love to hear how other people are approaching this issue!