tuition

[v24]

MSW ... Is it worth the debt?

On average how much is a cal state school, specifically csulb over a private university?

[juilletmercredi]

It depends on how much debt.  Social workers average $45,000 a year, so you can't afford to repay six-figure debt.  If you borrow only federal loans you can get Pay As You Earn (which limits your monthly payment to 10% of your income) and public loan service forgivenness (which limits your repayment to 10 years; after that, the government forgives the loans).  However, there are two caveats: one is that you have to pay the taxes on any forgiven amount as if it were income; and two, Congress is currently debating a measure that would cap loan forgiveness at a certain amount (last I saw it was around $57,000).

 

You can find out the tuition and fees for MSWs at Cal States by going to the website and checking the tuition and fees pages.  I find them by Googling "tuition and fees Cal State Fullerton" or "cost of attendance Cal State Fullerton".

[Adri0507]

CSULB- Tuition is between 15-16,000 in TOTAL. I believe all CSUs are around this range.

 

 

Private schools such as: 

 

USC - 47,129/yr (93k total)

 

NYU- 38, 297/yr (76.5k total)