I recently graduated with my B.S. in Communicative Disorders & Sciences. In this field (Speech Language Pathology/ SLP) you have to get a Master's degree in order to practice. The job placement rates average 95-100% within 6 months of graduation, and many I know have offers before they graduate.
I applied to 6 schools, was accepted to 5-- Pitt, UConn, GW, JMU & West Chester (PA). I received no funding offers (every school said this was the most competitive year they've ever seen...I have a 3.7 GPA, TA & research experience, 1260 GRE). GW was my top choice, but it's crazy expensive, as are UConn & JMU for out-of-staters. Pitt is ranked #8 in the field, and is outstanding as far as resources and clinical oppotunities. West Chester is ranked #144 and their program was recently under national accreditation review for it's program being too lenient.
So the choice seems like a no-brainer, go to Pitt. But the catch is, Cost of Attendance is $40,000 a year for two years, plus $13,000 for the summer. That's $93,000 to cover tuition, books, fees, housing, everything for two years. Average starting salary is $58,000 for SLP in health care setting. I already have 25K in loans for undergrad, and I'm terrified that I'm going to be drowning in this debt once I graduate. I know there is some loan forgiveness through employers, but do I have any other options before then? I'm very good at budgeting and saving my money, but I'm feeling overwhelmed just thinking about this.
Any advice would be greatly appreciated!!