Estimated time: 10-30 minutes
Mapping your money is a crucial step before making your final decision to ensure you are getting proper value for your degree. At Pathfinders, we recommend that you do not take on more debt than half your anticipated annual salary.
For example, if you walk out of college with a degree that allows you to earn $ 40,000 per year, then you should not take on more than $ 20,000 in debt in total for that degree, or $500 per year. If you walk out of school making $ 60,000 per year, then you can afford to take on $ 30,000 in debt. That is the proper value for the degree.
Have you mapped your money yet?
Complete this task in your workbook to ensure you are getting proper value for money.