Let me ask you all a question. Unless you are independently wealthy/getting a HUGE scholarship, how are you NOT taking on loans that end up in triple digits?
Let me give you a scenario (a scenario for at least 1/3 of all students seeking their Masters, regardless of study):
~Assuming that you will NOT be working (aka full time student; also not being RA/TA because the gods wouldn't give you one)
~have to pay rent, spending money for living expenses.
~And let's say that the scholarship your school offers you is a small amount each year but nowhere near enough (because you clearly didn't make the necessary blood sacrifices to the gods).
~Sure there are lots groups and organizations throwing out money, but let's be real, $1000/year will only take you to the door of your classroom.
~Oh ya, add a 2 year program into this scenario because paying off a one year program is a completely different matter (a lot easier to manage).
~I understand that the salaries people could make after graduation differ greatly due to... whatever reason. But let's assume that all salaries start at $50,000/year.
So basically, how does a normal human being finance an out-of-state, 2 years master's program, full time with/without a job that doesn't pay enough, cover rent, and pay for living expenses? And how would one do it by simply taking on a loan $20,000-$50,000?
I know I sound like a dick right now, but I feel like I'm missing some huge memo about financing my graduate education. I agree with all of you that having massive debt is a TERRIBLE idea, yet you all fail to mention how you're doing it by only taking on $20,000-$50,000 in debt. Chances are the school's full cost is going to be $40,000/year (on average) for public and around $60,000/year for private. It's like that scene in "Star Wars: Episode IV - A New Hope" when they talk about blowing up the Death Star and a pilot complains that it would be impossible with the little means that they have and then some snub nosed brat named Luke chimes in, "It's not impossible. I used to bullseye womp rats in my T-16 back home, they're not much bigger than two meters." (As you can clearly see, I prefer Star Wars over Star Trek).
If I'm wrong, I'll shut up. I apologize for my tone in advance.