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If you're taking on student debt to get rich in a professional program, you'll owe more than you earn for years after graduation

If you're taking on student debt to get rich in a professional program, you'll owe more than you earn for years after graduation
Medical school student.Getty Images


The WSJ found 76% of professional programs leave grads with more debt than earnings after 2 years on the job.




That's the case for all US programs in dentistry, veterinary medicine, and chiropractic medicine.




Loans for grad and professional programs have some of the highest interest rates.


If you're hoping to get rich from a professional degree, think again a?? student debt might prevent that from happening.A new [url=]report[/url] from the Wall Street Journal found about 76% of professional programs a?? degrees that help prepare students for a specific field a?? have left recent students with higher debt loads than their earnings after two years on the job, per an analysis of nearly 500 programs in the US. As the Journal noted, that's much worse than other degree types. For master's programs, 22% have debt loads that high, and it's lower for bachelor's degrees, at 11%.In addition, the Journal noted that for chiropractic medicine, dentistry and veterinary medicine specifically, every professional program in the US with available data has median debt that topped median earnings two years after graduation."My explanation is that veterinary medicine is a very emotional profession, like nursing," Peter Eyre, professor and dean emeritus of the Virginia-Maryland veterinary college at Virginia Tech told the Journal. "Becoming a veterinarian offers tremendous emotional reward because of the human-animal bond."
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